The BIS warns an AI bust could hit credit markets as hard as the 2008 financial crisis

The BIS warned that an AI investment bust could be as disruptive to credit as 2008, flagging circular financing and poorly disclosed risk in its annual report.

Ukraine’s vibe shift is bad news for Russia’s economy

As Kyiv’s battlefield fortunes change, policies long favoured by the west could now do real damage to Moscow

Germany’s Important Pension Reform Plan

An ambitious move that could have positive Europe-wide implications

AI ‘exuberance’ risks ending in lengthy investment bust, BIS warns

Weak returns could trigger a sharp pullback in funding for tech companies that threatens the global economy

No, we have not had enough of experts

Trust in specialists is growing 10 years after Brexit but employers still need more of them

Mines will hold back Strait of Hormuz shipping for months, CEO warns

NYK’s Takaya Soga says safe routes are ‘extremely limited’, restricting traffic to half prewar levels

Bond giant Pimco flexes muscles with private placements push

Firm tries to capitalise on some borrowers’ need to raise cash as boundaries with public markets blur

US launches strikes on Iran after Tehran attacks container ship

Washington says ‘unwarranted aggression against commercial shipping’ violated ceasefire between adversaries

German Carmakers Embark on Historic Job Cuts as Chinese Rivals Flood Market

Threat to Industrial Model of Europe’s Largest Economy Mounts

Tower crash calls Beijing’s air security into question

FT research identifies owner of vehicle under investigation at flight school linked to impact

'Godfather of SaaS' says he's only interested in investing in companies that are in the office 6 days a week

SaaStr founder Jason Lemkin agrees with Flexport CEO Ryan Peterson's skepticism of remote work.

Burnham Catches a Bit of Luck with Gilts

Global bond markets have rallied, easing pressure on UK’s prime minister-in-waiting