Greek shipping tycoon Evangelos Marinakis ready to pay Strait of Hormuz transit fees

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Greek shipping tycoon Evangelos Marinakis ready to pay Strait of Hormuz transit fees

Paying a toll would be better than strategic waterway remaining closed, says billionaire football club owner

3 months ago

economy

Google’s $80bn equity raise adds to that giant AI sucking sound

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Google’s $80bn equity raise adds to that giant AI sucking sound

Search engine’s move is a good example of how artificial intelligence has made big numbers all but meaningless

3 months ago

economy

America has a muddled recovery in manufacturing

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America has a muddled recovery in manufacturing

New survey shows worries over the Iran war's energy shock, tariffs and supply chain chaos.

3 months ago

economy

Gold replaces US Treasuries as world’s top reserve asset, ECB says

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Gold replaces US Treasuries as world’s top reserve asset, ECB says

Historic bullion rally boosts metal’s share of reserves to 27% while central banks diversify away from dollar

3 months ago

economy

America’s AI boom is carrying more than investors admit

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America’s AI boom is carrying more than investors admit

The economy, the profit cycle and the market narrative are all leaning on the same narrow pillar

3 months ago

economy

How did Spain’s unemployment rate converge with Finland’s?

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How did Spain’s unemployment rate converge with Finland’s?

Migration policy and labour market reforms are affecting joblessness — but in very different ways

3 months ago

economy

Blair has shone a spotlight on Starmer’s growth delusion

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Blair has shone a spotlight on Starmer’s growth delusion

Labour’s commitment to fixing the sluggish economy comes with a dizzying number of caveats

3 months ago

economy

How Deutsche Bank learned to stop chasing America

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How Deutsche Bank learned to stop chasing America

After decades of upheaval, the lender that wanted to take on Wall Street has scaled back its ambitions to focus on Europe

3 months ago

economy

Will the IT consulting share price rout ever end?

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Will the IT consulting share price rout ever end?

Accenture made a fortune from previous tech revolutions but investors think AI could kill it, not make it stronger

3 months ago

economy

US convertible bonds set for record year as issuers harness AI boom

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US convertible bonds set for record year as issuers harness AI boom

Investors embrace zero-interest debt for options on high-growth tech stocks

3 months ago

economy

Short seller Andrew Left found guilty of securities fraud

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Short seller Andrew Left found guilty of securities fraud

Case could have significant implications for investors publishing commentary on stocks

3 months ago

economy

GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

GoPro issued a going-concern warning after memory prices rose 80-115%. Revenue fell 26%. It’s exploring a sale, a defence pivot, and 23% staff cuts.

3 months ago

economy