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Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic

Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic

Syndication of the massive financing package tests lending appetite amid growing concerns over mounting AI debt...

1 hour ago
McKesson and CD&R near $5bn-plus deal to buy infusion services provider

McKesson and CD&R near $5bn-plus deal to buy infusion services provider

Acquisition of Option Care Health would be the latest buyout of an undervalued healthcare services company...

2 hours ago
Trump poised to ease red diesel limits in attempt to quell fuel inflation

Trump poised to ease red diesel limits in attempt to quell fuel inflation

US president expected to announce move during trip to agricultural state of Nebraska...

5 hours ago
TotalEnergies boss hails ‘opportunities’ created by global market turmoil

TotalEnergies boss hails ‘opportunities’ created by global market turmoil

Patrick Pouyanné says he prefers ‘disruption to the peaceful world’ despite French major being among those most affected...

5 hours ago
French central bank head warns country at risk of being ‘strangled by interest rates’

French central bank head warns country at risk of being ‘strangled by interest rates’

Emmanuel Moulin says France can still reassure bond investors despite ‘serious and worrying’ market moves in recent days...

5 hours ago
Citi to speed up promotion path for junior bankers as hiring war heats up

Citi to speed up promotion path for junior bankers as hiring war heats up

Length of investment banking analyst programme to be cut to two years to try to stave off poaching of young workers by p...

7 hours ago
Spanish PM Sánchez seeks political lifeline in snap election

Spanish PM Sánchez seeks political lifeline in snap election

Embattled Socialist leader aims to capitalise on housing crisis to remain in power...

7 hours ago
Yemen launches push to retake territory captured by Houthis

Yemen launches push to retake territory captured by Houthis

Saudi Arabia sends 100 fighter jets to support Yemeni push to recapture Sana’a and the Bab el-Mandab Strait...

8 hours ago
US ‘monitoring’ situation around suspected case of plague in Russia

US ‘monitoring’ situation around suspected case of plague in Russia

Moscow has imposed sweeping quarantine measures in Siberia after death of plague research institute worker...

9 hours ago
Brazil’s markets jump as investors bet on Bolsonaro win

Brazil’s markets jump as investors bet on Bolsonaro win

Rightwinger seen as more likely than current president Lula to enact quick spending cuts...

9 hours ago
Euro slides to 17-month low against dollar

Euro slides to 17-month low against dollar

High energy prices and concerns over France’s public finances add to pressure on the single currency...

9 hours ago
Flávio Bolsonaro takes commanding lead in Brazil election

Flávio Bolsonaro takes commanding lead in Brazil election

Currency strengthens as first round puts son of jailed former president in pole position against President Luiz Inácio L...

10 hours ago
Putin’s nuclear threats no longer work

Putin’s nuclear threats no longer work

The weakening of Russian deterrence has global implications — and they are not all positive...

11 hours ago
Brazil’s Bolsonaro dynasty closes in on stunning comeback

Brazil’s Bolsonaro dynasty closes in on stunning comeback

First-round vote raises prospect of dramatic victory for Flávio Bolsonaro, son of the former president...

14 hours ago
The town where 94% voted for Lula — and some now waver

The town where 94% voted for Lula — and some now waver

Despite his hallowed status, some voters are growing disaffected with Brazil’s president in Guaribas, the cradle of his ...

2 days ago
Eurozone inflation hits three-year high of 3.8%

Eurozone inflation hits three-year high of 3.8%

Consumer prices rose at higher rate than expected in September...

3 days ago
Why does Anthropic’s IPO feel so weird?

Why does Anthropic’s IPO feel so weird?

Compared to other blockbuster share sales, the build-up to the AI company’s stock market debut has felt discordant, even...

3 days ago
I’m even more bullish about stocks than a year ago

I’m even more bullish about stocks than a year ago

Then again, I’d sold everything by the end of last October, so don’t listen to me...

3 days ago
Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump

Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump

US president has threatened to ban US exports of the fuel if the continent does not unlock reserves...

3 days ago
Accenture shares surge 22% as consultancy confounds AI fears

Accenture shares surge 22% as consultancy confounds AI fears

Group says revenues could accelerate in the coming year despite worries over demand for its services...

4 days ago
EU countries in crisis talks over release of diesel stocks

EU countries in crisis talks over release of diesel stocks

Trump administration has pressured European countries to release strategic reserves, warning that it could ban US diesel...

4 days ago
Global bond sell-off pushes 10-year Treasury yield to highest since 2002

Global bond sell-off pushes 10-year Treasury yield to highest since 2002

Sovereign debt costs around world return to multiyear highs...

4 days ago
US competition watchdog expands investigation of Anthropic and OpenAI

US competition watchdog expands investigation of Anthropic and OpenAI

Federal Trade Commission will demand information and seek testimony from the executives of leading AI companies...

5 days ago
Netanyahu says pilot of Israel-bound flight tried to crash the plane

Netanyahu says pilot of Israel-bound flight tried to crash the plane

Plane carrying more than 150 passengers en route to Tel Aviv was diverted to Saudi Arabia after issuing ‘unlawful interf...

5 days ago
Burnham says rejoining EU an option for UK

Burnham says rejoining EU an option for UK

Prime minister says ‘going all the way’ is a possibility as government reviews relations with 27-country bloc...

5 days ago
Hegseth to slash top US officer roles by 20%

Hegseth to slash top US officer roles by 20%

Generals’ and admirals’ positions will be cut as part of the defence secretary’s wide-ranging overhaul of the armed serv...

6 days ago
Manchester City artificially boosted finances by more than £900mn, says panel

Manchester City artificially boosted finances by more than £900mn, says panel

Independent panel finds Premier League club arranged ‘sham’ commercial deals to disguise sources of funding...

6 days ago
US 30-year Treasury yield hits highest since 2002

US 30-year Treasury yield hits highest since 2002

Government debt extends decline as inflation and surging oil prices weigh on market...

6 days ago
Trump to meet AI chiefs over safety outcry

Trump to meet AI chiefs over safety outcry

White House will host lunch with tech bosses as president resists calls for regulation...

6 days ago
A Republican midterm defeat will not be an earthquake

A Republican midterm defeat will not be an earthquake

Democrats are likely to make gains in Congress but divided government is unlikely to derail Trump’s agenda...

6 days ago
US-Iran war adds €100bn to EU’s fuel bill

US-Iran war adds €100bn to EU’s fuel bill

Warning comes as the bloc’s energy ministers meet in Dublin...

6 days ago
Nvidia turns to insurers to spread the risk of AI build-out

Nvidia turns to insurers to spread the risk of AI build-out

World’s largest listed company looks for new ways to draw Wall Street deeper into the financing of the AI boom...

6 days ago
Will desk workers be doomed by AI?

Will desk workers be doomed by AI?

Predictions that white-collar work will soon be automated reveal an underappreciation of what other people’s jobs entail...

6 days ago
Netanyahu under pressure over reports he was warned about October 7

Netanyahu under pressure over reports he was warned about October 7

Opposition attacks Israeli premier ahead of election over leaks suggesting Egyptian and Emirati officials alerted him to...

1 week ago
Erdoğan holds rare meeting with Germany’s potential next leader

Erdoğan holds rare meeting with Germany’s potential next leader

Hendrik Wüst, premier of Germany’s most populous state, meets Turkish president on three-day visit amid speculation he c...

1 week ago
Evonik rejects €10.3bn BASF bid to consolidate chemicals industry

Evonik rejects €10.3bn BASF bid to consolidate chemicals industry

Size of premium may increase pressure on management and biggest shareholder...

1 week ago
Bond sell-off deepens as oil rises above $108

Bond sell-off deepens as oil rises above $108

Brent crude jumps and 10-year Treasury yield surpasses 5.2% as hopes for US-Iran agreement fade...

1 week ago
Former US intelligence chief Avril Haines: ‘Trump trusts his gut more than the expertise’

Former US intelligence chief Avril Haines: ‘Trump trusts his gut more than the expertise’

The security expert on the chances of a Trump-Xi deal on Taiwan, her interactions with President Biden — and why a third...

1 week ago
ICC is insulated against US sanctions, says deputy prosecutor

ICC is insulated against US sanctions, says deputy prosecutor

Tribunal has overhauled systems to withstand potential new measures from Trump administration...

1 week ago
Goldman reaped more than $200mn in fees from hedge fund Situational Awareness

Goldman reaped more than $200mn in fees from hedge fund Situational Awareness

Barely two-year-old AI-focused investment firm became biggest client of Wall Street bank’s prime brokerage unit...

1 week ago