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Foundever Strikes Deal With Creditors to Cut Debt Load
Troubled business services giant Foundever Group has reached an agreement with a group of creditors to reduce its multi-billion dollar debt load, with the company’s …
Hedge Fund Blasts SEC Settlement After ‘Gag Rule’ Lifted
Connecticut hedge fund Deccan Value Investors is speaking out about its 2022 settlement of Securities and Exchange Commission claims that it breached its fiduciary duty …
South East Water warns it is struggling to secure new funding
Utility blames public and political scrutiny for hurting investor confidence
Anglo Selects Penny’s Group as Preferred Bidder for De Beers
Anglo American Plc has selected a group led by De Beers’ former boss Gareth Penny as the preferred bidder for its sale of the world’s …
Apple Briefly Tops Nvidia as World’s Most Valuable Company
Apple Inc. briefly overtook Nvidia Corp. as the world’s most valuable company, a title the chipmaker has held since May 2025.
Chips Stocks Sink Into Bear Market as 105% AI Rally Fizzles
A closely watched index of semiconductor stocks fell into a bear market, unwinding a chunk of the blistering memory-led rally that saw the gauge more …
Dangote Taps $2.5 Billion in Private Share Placement Before IPO
Aliko Dangote has nearly completed a $2.5 billion private stock placement for his refinery business, according to people familiar with the matter, as the company …
FirstFT: Xi outlines China’s ambitions to challenge US dominance in AI
Also in today’s newsletter: Netflix shares tumble and a breakthrough in the search for extraterrestrial life
Citi’s Manthey Says Broadening Requires Sharp Stock Rotations
Sharp stock rotations are necessary for the equity rally to broaden beyond the tech sector, according to Citigroup Inc.’s Beata Manthey.
Airbus Wins Major Order from Air China to Firm Regional Hold
Airbus SE won an order from Air China for 15 A350-900 widebody aircraft as well as 40 A320neo series for its Shenzhen Airlines subsidiary, with …
Burnham’s industrial revival will join up local needs and strengths
Forward-looking centre in Rotherham collaborates with business, capitalising on ‘muscle memory’ and existing assets
Burnham to promise to ‘give back control’ as he is crowned Labour …
Incoming prime minister will argue that ‘Britain took a series of wrong turns in the 1980s’
Can Explora Journeys’ Greek odyssey convert a sceptic?
The HTSI travel editor takes her first cruise
Seven super swimming spots in Europe
Plunge, swim, steam or bathe in these urban centres
US Stocks End Week Lower on Fears of Another ‘DeepSeek Moment’
US stocks finished the week lower as semiconductor names dipped following the reveal of an artificial-intelligence model from a Chinese startup.
Crop Markets Mixed on Shipping Worries, US-China Trade Concerns
Crop markets were mixed Friday amid lingering tensions in the Black Sea and Strait of Hormuz, as well as concerns over US trade ties with …
Xi lays out China’s global AI leadership ambitions
President calls for ‘positive’ use of technology as Beijing seeks to strengthen influence over standards
‘Sea of Red’ Hits Emerging Stocks as AI Concerns Jolts Markets
Emerging-market stocks slumped, with a key gauge sliding into technical correction on mounting concerns the outlook for artificial intelligence no longer justifies the industry’s elevated …
US chip and memory stocks slide in fresh bout of Wall Street …
Investors pull away from shares in companies that have led markets higher this year
Hong Kong Stocks’ Discount to China Widens on Liquidity Pressure
Hong Kong stocks’ valuation discount to their mainland-listed counterparts is widening, driven largely by liquidity strains and Beijing’s crackdowns on capital outflows.
Trump revives election meddling claims ahead of midterms
US president accuses China of interference in primetime speech
India Chemical Shares Surge on Hormuz Disruption, Better Pricing
For the broader rally to sustain, demand will need to recover too.
Industrial Metals Decline as Traders Weigh Fed Rate Outlook
Base metals retreated on Friday as traders weighed the likelihood of higher interest rates and their negative impact on demand.
India eyes market comeback with $1bn IPO for SBI Funds Management
Also in this newsletter: Aditya Birla goes big on renewables
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