Latest News

FBI probes possible J.P. Morgan hacking

Aug 27 2014

THE Federal Bureau of Investigation is probing a possible computer hacking attack on J.P. Morgan Chase & Co.

Snapchat valued at $10bn

Aug 26 2014

KLEINER Perkins Caufield & Byers has agreed to invest in ephemeral message service Snapchat at a valuation of close to $US10 bn.

Rosneft poised for Arctic LNG stake

Aug 26 2014

ENERGY giant Rosneft is poised to take control of a new Arctic Circle LNG project planned for an area of northern Russia fronting the Barents Sea.

Global tech to transform over 3 weeks

Aug 26 2014

THE world’s tech will undergo a transformation over just three weeks with a bonanza of new phones, tablets, smart watches and OLED 4K TVs.

Young diners not lovin’ it

Aug 25 2014

MCDONALD’S revenues have slumped and there’s one key reason: Millennials aren’t Maccas fans, choosing fresher, healthier food instead.

Former IBM chief John Akers dies

Aug 24 2014

JOHN Akers, who led IBM as its longtime dominance of the computer industry began to wane, has died, aged 79.

Bangladesh next in Seek strategy

Aug 20 2014

ONLINE jobs and education group Seek will continue expansion into international markets.

Buffett joins $200K club. Membership: 1

Aug 15 2014

IMAGINE if you’d spent a grand on a single Berkshire Hathaway share 31 years ago. That stock just passed $US200,000 and is still climbing.

Stocks Rally, Oil Falls on Iran Deal Hopes; US Gasoline Tops $4.50/Gallon | Bloomberg Brief 5/6/2026

May 6 2026

US equity futures rise and oil drops on optimism that US and Iran may be nearing a peace deal. Yen strengthens to a 10-week high against the dollar, sparking speculation of Japan’s intervention. US gasoline prices top $4.50 a gallon for the first time since July 2022. Strong results from AMD and Super Micro push tech stocks higher. Alphabet leads Keith Lerner of Truist discusses tech stocks driving the rally in equities. (Source: Bloomberg)

Iran War: US Boosts Efforts to End Mideast Conflict | The Pulse 5/6

May 6 2026

“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today’s guests: Sam Lynton-Brown, BNP Paribas Markets 360, Macro Strategy Global Head; Cathy Hepworth, PGIM Credit, EM Debt Head; Mike Doustdar, Novo Nordisk CEO; Jeff Currie, Carlyle, Senior Advisor; Marcelo Bacci, Vale CFO. (Source: Bloomberg)

Companies Rush to Sell Bonds in Europe’s Market at Record Pace

May 6 2026

Companies are selling new debt in Europe at the busiest pace ever on Wednesday, storming into the market after earnings to lock in funding while borrowing costs remain low.

Tech’s Red-Hot Rally Is Leaving Nvidia Far Behind

May 6 2026

Nvidia’s grip on the AI processor market is seen as increasingly under threat

Disney Films, Parks Lift Profit in Debut Quarter for New CEO

May 6 2026

Walt Disney Co. posted stronger results than Wall Street expected thanks to improved profitability at its streaming business, new Avatar and Zootopia movies, and guests spending more at the company’s resorts and on cruises.

CVS Boosts Outlook for 2026 After Aetna Profits Increase

May 6 2026

CVS Health Corp. raised its earnings outlook for the year after profit and revenue in the first quarter exceeded analyst expectations, the latest in a string of positive reports from US health conglomerates.

Apollo Assets Top $1 Trillion on Record Inflows, Beats Estimates

May 6 2026

Apollo Global Management Inc. eclipsed $1 trillion of assets under management on record first-quarter inflows and reported earnings that beat Wall Street estimates.

Frozen TV Dinners Get a Glow-Up for the Ozempic Era

May 6 2026

Frozen TV Dinners Get a Glow-Up for the Ozempic Era (Source: Bloomberg)

Nintendo Under Pressure to Raise Switch 2 Prices to Protect Margins

May 6 2026

With shares on their worst streak in a decade, investors signal displeasure

Uber Beats on Bookings Outlook in Sign of Growing US Demand

May 6 2026

Uber Technologies Inc. provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East.

Hut 8 to Lease Texas AI Data Center for at Least $9.8 Billion

May 6 2026

Hut 8 Corp., a cryptocurrency miner that is shifting to developing artificial intelligence data center capacity, has signed a lease worth at least $9.8 billion over 15 years to provide computing power to a “high-investment-grade company.”

Ametek to Buy Indicor Instrumentation for About $5 Billion

May 6 2026

Ametek Inc. agreed to buy a portfolio of instrumentation businesses from Indicor LLC for about $5 billion in cash.

Saudi Venture Firms Press Ahead With Fundraising Despite War

May 6 2026

Saudi Arabian venture capital firms are pressing ahead with fundraising and deployment as they navigate disruptions from the regional conflict.

SpaceX Proposes $55 Billion to Begin Terafab Project in Texas

May 6 2026

Elon Musk’s SpaceX is proposing to spend $55 billion to begin construction of a new semiconductor production facility in Texas, taking steps toward realizing an ambitious project he’s dubbed Terafab.

‘Project Freedom’ Pause, Stocks Rally as AI Spend Drives Tech | The Opening Trade 5/6/2026

May 6 2026

Technology stocks are driving rallies in global equities as a wave of blockbuster earnings and deals highlights the relentless pace of investment in artificial intelligence. Investors’ optimism was also buoyed by US President Donald Trump touting “Great Progress” toward a final peace deal with Iran. At a time when crude flows through the Strait of Hormuz remain at a near standstill, Brent slid on expectations that a settlement may be near. Bond yields fell in the US and Europe, while the dollar retreated against all major peers. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Thailand Clears $29 Billion Investments Led by TikTok Project

May 6 2026

Thailand approved 958 billion baht ($29 billion) of investment projects, led by TikTok System (Thailand) Co.’s planned expansion of data infrastructure as the country pushes to become a regional hub for artificial intelligence and cloud services.

Lender Accused of Duping Billionaire Charged With Fraud

May 5 2026

A man who once lent more than $100 million to Mexican billionaire Ricardo Salinas before the business magnate accused him of theft has been charged with fraud by US prosecutors.

Mauritius Targets 100 Wealthy Individuals a Year With Golden Visa Plan

May 5 2026

Mauritius expects to attract 100 high-net-worth-individuals a year through its golden visa program aimed at encouraging foreign investment and raising funds.

Russia Court Orders State Seizure of Agriculture Tycoon’s Empire, RBC Says

May 5 2026

A Moscow court ordered the nationalization of billionaire Vadim Moshkovich’s stake in agricultural business Ros Agro Plc after prosecutors filed an anti-corruption lawsuit against him, according to local media outlet RBC.

Get British Savers Investing – Bring Back Perks

May 5 2026

Research suggests that offering perks can be good for share prices too.

Billionaires Are Adapting to Trump’s New World Order

May 5 2026

Family offices are betting on sectors that benefit from the conflict economy