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Trump’s ‘big, beautiful’ budget is spooking investors
Concerns about the United States’ fiscal outlook are increasing among investors due to expectations of substantial government spending and potential budget deficits.
Read Full Article →Microsoft-backed Builder.ai collapsed after finding potentially bogus sales
The UK start-up supported by Microsoft significantly lowered its revenue forecasts following concerns over the authenticity of reported sales, highlighting serious financial discre...
Read Full Article →Investors ask ‘what next’ as the American fever breaks
The recent decline in U.S. markets has prompted investors to reassess valuations that previously appeared justified by strong economic expansion, raising questions about future inv...
Read Full Article →Why we don’t move house anymore
Elevated expenses associated with buying and selling properties have reduced mobility, making the housing market rely heavily on increasing home values to maintain economic activit...
Read Full Article →Nestlé boss says his predecessor ‘weakened the fabric’ of the company
Laurent Freixe highlighted that prior strategies focusing on broadening the company’s scope may have diluted its core strengths, prompting a renewed emphasis on fundamental operati...
Read Full Article →M&S undone by old-fashioned con: how retailer’s cyber hell unfolded
The cyberattack, originating from a third-party vendor’s security breach, resulted in significant operational disruptions for the retailer, potentially leading to considerable fina...
Read Full Article →US government bonds drop as worries over Trump’s tax bill flare up
Concerns about potential changes to tax legislation have led to a decline in government securities, while investor caution following a weak $16 billion long-term bond sale resulted...
Read Full Article →CoreWeave raises $2bn in junk bond offering
CoreWeave's recent bond issuance is expected to provide substantial new funding to support its AI-focused data center expansion following a smaller-than-anticipated initial public...
Read Full Article →M&S hack attack will have tech firms ringing up the profits
The recent cyberattack on a major UK retailer underscores the growing demand for cybersecurity solutions, potentially boosting revenue for technology companies specializing in digi...
Read Full Article →Bloomberg terminal outage hits traders
The interruption of a key financial data platform caused challenges for traders during UK and EU debt auctions, potentially impacting market efficiency and transaction timing.
Read Full Article →Marks and Spencer expects £300mn profit hit from cyber attack
The recent cyber incident has caused sustained operational challenges for the UK retailer, leading to a projected financial impact estimated at around £300 million in lost earnings...
Read Full Article →UK inflation jumps to 3.5% in April
The unexpected increase in the UK’s inflation rate to 3.5% in April may influence the Bank of England’s decision-making regarding the timing of future interest rate adjustments.
Read Full Article →Nvidia chief Huang condemns US chip curbs on China as ‘a failure’
The restrictions on semiconductor exports to China are viewed as counterproductive by Nvidia’s leader, who suggests they have unintentionally sped up technological progress among c...
Read Full Article →Trump considers order to open US retirement plans to private equity
Allowing retirement accounts to invest in private equity could potentially diversify portfolios and introduce greater risks and returns linked to more aggressive investment strateg...
Read Full Article →IMF urges US to curb deficit as Trump tax cut plan stirs debt fears
A leading IMF representative highlighted concerns about the growing national debt and emphasized the importance of reducing fiscal imbalances amid recent tax policy changes in the...
Read Full Article →Robinhood aims to capitalise on UK government’s share trading push with Isa launch
Robinhood plans to enter the UK investment market by introducing a new Isa product, potentially increasing competition and attracting investors through its established low-cost tra...
Read Full Article →Trump says $175bn ‘Golden Dome’ will be completed during his term
The allocation of $25 billion within the current tax and budget legislation highlights the project's potential impact on federal spending and its broader economic implications duri...
Read Full Article →Deloitte to cut UK bonuses, pay rises and promotions
The company plans to reduce employee incentives and salary increases in the UK due to financial results falling short of initial expectations, according to an internal communicatio...
Read Full Article →Japan’s long-term borrowing costs hit record high on demand fears
Rising yields on Japan’s long-term debt following a weak auction have increased worries about potential capital outflows as investors may repatriate funds from overseas holdings.
Read Full Article →BoE is cutting rates too quickly, warns chief economist
The chief economist expressed concerns that the recent rapid decrease in interest rates by the Bank of England could negatively impact efforts to control rising prices.
Read Full Article →Trump’s ‘big, beautiful’ tax bill heightens concerns over US debt
The recent tax legislation has increased apprehensions about the United States' fiscal stability, prompting investors to closely monitor Treasury market shifts amid growing nationa...
Read Full Article →Traders dump Casino debt as fears grow over troubled grocer
Investors have increasingly sold off bonds related to the retail company, reflecting growing unease about its financial stability despite a major overhaul led by billionaire Daniel...
Read Full Article →Plans for 12 new towns in England to cost up to £48bn, report says
The development of a dozen new towns in England, with Milton Keynes highlighted as a prime site, is expected to involve an investment nearing £48 billion according to a recent cons...
Read Full Article →Trump Organization to discuss new Vietnam tower as trade talks continue
The Trump Organization is exploring a potential development in Vietnam, with Eric Trump scheduled to meet Hanoi officials to discuss investment opportunities amid ongoing trade neg...
Read Full Article →Putin thinks that time is on his side
Russia appears to prioritize military advances and the easing of economic restrictions over negotiations, reflecting a strategic calculation that prolonged conflict may ultimately...
Read Full Article →US borrowing costs top 5% after Moody’s downgrade
Rising interest rates on long-term government bonds reflect increased borrowing expenses for the US, signaling heightened investor caution following recent credit rating changes.
Read Full Article →Starmer hopes to banish ‘battles of the past’ with EU reset deal
The proposed agreement aims to strengthen economic and security partnerships with Europe, which could have important financial implications but may also reignite longstanding polit...
Read Full Article →UK-EU post-Brexit reset: the key points
The recent agreement between the UK and EU has important implications for various sectors, influencing trade dynamics, resource management, and economic relationships between the t...
Read Full Article →UBS deploys AI analyst clones as clients opt for research in video form
A Zurich-based bank is utilizing artificial intelligence and video technology to produce digital representations of its specialists, aiming to enhance client engagement and potenti...
Read Full Article →Bond vigilantes give retail banks an unlikely leg-up
Recent remarks from BNP Paribas, CaixaBank, and Lloyds suggest that increased market pressure may unexpectedly benefit retail banks by improving their financial conditions or inves...
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