AI’s electricity problem
Iran is exporting more oil than at any time for the past six years, EU leaders are debating whether to unify the bloc’s fragmented capital markets, and the IMF warns that the US’s massive fiscal defic...
18 Apr 20249min
A glow-up for China’s state-owned enterprises
Andreessen Horowitz hauls in one of the largest funds since the downturn in the tech sector, stocks from China’s state-owned enterprises are faring well compared with the wider market, and the IMF say...
17 Apr 202411min
CVC hopes third time’s the charm
Goldman Sachs surpasses profit estimates by almost $1bn, CVC’s revived listing plan follows years of internal discord over whether the PE firm should go public, and Tesla is laying off 10% of its glob...
16 Apr 202412min
Israel debates retaliation against Iran
US lawmakers face new pressure to approve military aid for Israel, and Tianqi Lithium’s strategy is at risk as Chilean President Gabriel Boric’s government works to take back control of resources. Plu...
15 Apr 202412min
Swamp Notes: What’s the Republican party’s position on abortion?
Donald Trump championed the reversal of Roe vs Wade. He even called himself the “most pro-life president” in US history. But with voters outraged by abortion restrictions, Trump and other Republicans ...
13 Apr 202412min
Prime money markets funds are in trouble
Three more US regulators have opened probes into Morgan Stanley, managers are planning to shut or convert US prime money market funds ahead of new regulations, and the European Central Bank held inter...
12 Apr 202413min
Higher for even longer
Traders slashed bets on Federal Reserve interest rate cuts, the US audit regulator issued its biggest fine ever against KPMG, and the UK’s Lloyds Banking Group plans to cut jobs in risk management aft...
11 Apr 202411min
Ecuador’s ‘unprecedented’ Mexican embassy raid
OpenAI and Meta are on the brink of releasing new artificial intelligence models, police in Ecuador stormed the Mexican embassy to arrest the former vice-president, and big investors are selling US Tr...
10 Apr 202411min
