Disney and OpenAI team up
Cryptocurrency entrepreneur Do Kwon is sentenced to 15 years in prison on two counts of fraud, and the Walt Disney Company will allow OpenAI to use its characters in its flagship products. Plus, footb...
12 Dec 202512min
Fed cuts rates amid growing division
The Federal Reserve cut interest rates by a quarter point, and Oracle shares fell on Wednesday after it reported disappointing revenues. Plus, there’s one conglomerate in Abu Dhabi dominating the econ...
11 Dec 202510min
Australia is first country to ban social media for children
EU countries want to fast-track a decision to indefinitely immobilise up to €210bn in Russian sovereign assets, investors have increased bets that interest rates in major economies could diverge next ...
10 Dec 202511min
A double bubble for gold and US equities
Paramount has launched a $108bn hostile bid to buy Warner Bros Discovery, US natural gas prices are soaring as the country ships record amounts of the fuel overseas, and US President Donald Trump says...
9 Dec 202510min
Federal Reserve set for divisive final 2025 rate decision
Europe seeks to rally support for Ukraine as US pressure builds, and there’s likely to be plenty of debate ahead of the Federal Reserve’s final rate decision of the year. Plus, how Netflix’s blockbust...
8 Dec 202512min
Big Four maintains stranglehold on UK audits
The Big Four accounting firms maintained their iron grip on auditing the UK’s largest companies last year, the industry watchdog has found. Plus, Japan’s economic normalisation could impact global bon...
5 Dec 202511min
Wall Street frets over Hassett as potential Fed chair
Bond-market investors worry that the leading candidate for Fed chair is too close to US President Donald Trump, while HSBC finally picks its new chair. Plus, the EU has a last-minute plan to fund Ukra...
4 Dec 202510min
AI chatbot race enters crunch phase
Nigel Farage has told donors he expects to do an election deal with the Conservatives, and the race to narrow OpenAI’s dominance in the chatbot race. Plus, Eurozone inflation unexpectedly turns higher...
3 Dec 202511min
