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EEUU se encamina a sus elecciones legislativas más caras
EEUU se encamina a las elecciones de mitad de mandato más caras de su historia. Elon Musk vuelve a ocupar un papel central entre los …
FirstFT: Scott Bessent shrugs off ‘systemic’ AI risks at private event with …
Also in today’s newsletter: Elon Musk’s $3.6tn gamble and China’s battery makers race to invest abroad
BlackRock Director on Investment Shifts, Wealth Transfer
Armando Senra, Head of the Americas Institutional Business at BlackRock, said family offices generally view geopolitical tensions as a source of short-term market and allocation …
Bolsonaro Adviser Backs Freer Petrobras, Rules Out Privatization
If Flávio Bolsonaro wins Brazil’s presidential runoff on Oct. 25, he will give the nation’s state oil company broad freedom to reshape its portfolio while …
The Two Cities Fighting for Asia’s Cash Crown
Hong Kong and Singapore are locked in a fight for Asia’s billionaires and fund managers. Now, with an IPO boom and Mainland China’s backing, Hong …
Republicans head into midterms with huge spending advantage
Filings show the party and its affiliated groups have amassed a big war chest but polling favours Democrats in many races
EQT Reaches €9.6 Billion Deal for Molecular Testing Firm Qiagen
EQT AB has agreed to acquire Qiagen NV for around €9.6 billion ($10.8 billion), bringing an end to years of takeover speculation involving the European …
Abbott to spin off nutrition unit at centre of baby formula lawsuits
US healthcare group plans to create standalone public company with $8.5bn in annual sales
Could Michigan elect America’s first Muslim senator?
Democrat Abdul El-Sayed could make history — or scupper his party’s hopes of taking control of the Senate in midterm elections
A Daily Pill to Keep Breast Cancer Away Is Roche’s Next Frontier …
A daily pill to keep breast cancer away? Swiss drugmaker Roche is betting on a new frontier drug after losing its lead in the booming …
Fridge hackers exploited ‘basic security flaws’ at French retailers
Head of France’s cyber security agency said lack of protection and weak passwords helped criminals seize control of systems
JPMorgan’s Turkey Securities Unit Plans to Cease Operations
JPMorgan Chase & Co.’s securities unit in Turkey said it planned to cease operating in the country.
France’s borrowing costs hit 5% for first time since 2002
Concerns over public finances and political stability have helped push up 10-year bond yields from 3.2% in late February
A SpaceX-Tesla Merger? Why Elon Musk Thinks It’s a Good Idea
A decade ago, Elon Musk saw little reason for SpaceX and Tesla Inc. to merge, saying that the ties between the two firms were “really …
Reform reports ITV to police over undercover documentary
Zia Yusuf says tactics behind programme that showed party councillors making sexist and racist comments may have been illegal
Who’s paying for the AI build-out? Probably you
Every big pool of capital, in every corner of the developed world, is funding data centres
Lula, Bolsonaro Court Brazil Voters With Free Bus Rides, Cash Back
Free public transportation on weekends. Cash back on energy and other bills through an instant payment system. Debt forgiveness for millions of small entrepreneurs.
Rubio Says Ukraine Wouldn’t Exist Without US Support
Secretary of State Marco Rubio defended the Trump administration’s support for Ukraine on Wednesday during a visit to India. Rubio told reporters the nation “as …
RBI Turns Away All Bids at Treasury Bill Sale Amid Bond Selloff
India’s central bank rejected all bids at a sale of federal treasury bills on Wednesday amid a bond selloff that pushed borrowing costs to multi-year …
Prabowo Says Indonesia Will Not Be Intimidated by MSCI
Indonesian President Prabowo Subianto had a message Wednesday for global index provider MSCI Inc.: Indonesia would not be cowed.
Dangote Buys 25% Stake in Kenya Pipeline for $327 Million
Aliko Dangote’s company bought 25% of Kenya Pipeline Co. as Africa’s richest man expands his energy empire across the continent.
FirstFT: SpaceX and Tesla explore merger
Also in today’s newsletter: Netanyahu pushes to resume large-scale strikes against Iran and French borrowing costs hit 5% for the first time since 2002
French Bond Risk Gauge Nears 160 Basis Points, Hits 15-Year High
Investors demanded a higher premium to hold French government bonds as concerns over the country’s fiscal outlook weighed on the market.
Pound Hedging Costs Hit Five-Month High on UK Budget Risks
The cost of hedging against swings in the pound versus the euro rose to the highest in five months as traders position for next week’s …
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