Economy
Nvidia chief Jensen Huang condemns US chip curbs on China as ‘a failure’
In a recent development, Nvidia chief Jensen Huang expressed strong criticism against US export controls aimed at restricting China's access to artificial intelligence chips. He labeled these measures as a…
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Lasted Economy
Credit a ‘short squeeze’ for the stock market’s big two-day bounce
The recent surge in the stock market can be attributed to the frantic behavior of short sellers covering their losses.…
Investor support for Goldman bosses’ pay sinks to 9-year low
Goldman Sachs Faces Shareholder Backlash Over Executive Pay Packages Goldman Sachs recently faced a significant backlash from shareholders over its…
Silver Linings and Green Clouds
As I pen this reflection, it has been roughly two weeks since the announcement of the “Liberation Day” tariffs. While…
Eli Lilly Has Its Next Billion-Dollar Weight Loss Drug
Eli Lilly (NYSE: LLY) has been experiencing significant growth in sales, largely attributed to the success of Zepbound, a weight…
Global stocks gain after Trump soothes Fed independence worries
Global stocks experienced a significant rally on Wednesday following reassuring comments from President Donald Trump regarding Federal Reserve chair Jay…
Thunes unveils new solution to ease business payments
Thunes, a Singapore-based company, has recently launched Thunes Business Payments, a cutting-edge cross-border payment solution tailored to elevate the payment…
Grant Thornton US goes global in private equity-backed buying spree
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Nomura to buy Macquarie’s US, European asset management units for $1.8 billion
Nomura, a Japanese investment bank, has announced its acquisition of Macquarie Group's U.S. and European public asset management businesses for…