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Deals

easyJet bid war: Apollo tops Castlelake with £5.7bn bid

easyJet bid war heats up after Apollo offered 715p a share, topping Castlelake and leaving investors to price in rival responses and deal risk.

By Naomi Voss
Regulation

India crypto ban warning: RBI revives prohibition case

India crypto ban warnings hardened as the RBI backed a prohibition-leaning stance and tax officials said offshore trading obscures gains.

By Tomás Iglesias
Regulation

Anthropic tightens China access to Claude after workarounds

Anthropic tightened China access to Claude after users kept bypassing controls, raising the stakes for AI compliance and model distribution.

By Tomás Iglesias
Deals

CMA CGM nears $1.4bn deal for FedEx logistics unit

CMA CGM nears a $1.4bn deal for FedEx's logistics unit, extending the carrier's US supply-chain push as 2026 M&A activity accelerates.

By Naomi Voss
Economy

China factory PMI rises to 50.3 as export demand leads

China factory PMI rose to 50.3 in June as AI-linked export demand kept manufacturing expanding, while domestic demand stayed soft.

By Helena Brandt
Commodities

Oil prices fall as Hormuz tankers move and war premium fades

Oil prices fell toward pre-war levels as tanker traffic resumed through Hormuz and crude discounts widened, easing the latest supply fears.

By Reza Najjar
Banking

Iran banking cyberattack hits 3 lenders, halts card services

Iran banking cyberattack halted card services at three lenders, pressuring ATMs, point-of-sale terminals and mobile apps across the country.

By Naomi Voss
Analysis

Anthropic curbs are becoming an AI trade fight with US allies

Anthropic export curbs are forcing allies to treat US frontier AI as revocable infrastructure, complicating Washington's push to sell its stack abroad.

By Sloane Carrington
Commodities

China oil refiners cut output as imports plunge

China oil refiners cut output to a near four-year low after May crude imports fell 29 per cent, testing Asia's demand outlook.

By Reza Najjar
Crypto

Bitcoin treasury firms lose $62bn as ETF bid fades

Bitcoin treasury firms are losing the ETF-backed bid that made listed balance-sheet wrappers look like permanent buyers as Strategy sells.

By Caleb Mwangi
Economy

China policy loan rate falls to record low of 1.45%

China policy loan rate fell to a record-low 1.45% as the PBOC eased bank funding costs, signaling more support for growth and liquidity.

By Helena Brandt
Commodities

Strait of Hormuz reopening may not cool oil or freight

Strait of Hormuz reopening may still leave oil, LNG and freight markets jammed as a 1,500-ship backlog, mine clearing and war-risk premiums linger.

By Reza Najjar
Markets

Politics is back to breaking emerging-market rallies

Emerging markets political risk is hitting currencies, bonds and equities together, forcing investors to reprice carry trades.

By Sloane Carrington
Markets

SpaceX's retail IPO experiment puts brokers in the hot seat

SpaceX IPO retail access through Robinhood, Fidelity and Schwab widens the queue, but it also pushes allocation risk and volatility into broker apps.

By Naomi Voss
Analysis

Gulf AI data-center bets face a war-risk repricing

Gulf AI data-center economics are being repriced as war risk, higher power costs and redundancy demands raise the hurdle rate for new campuses.

By Sloane Carrington
Economy

Hormuz reopening nears as Iran offers uranium concession

Hormuz reopening moved closer after Iran signaled it could surrender enriched uranium for sanctions relief under a 60-day framework.

By Helena Brandt
Commodities

U.S.-Iran ceasefire extension nears as Hormuz may reopen

U.S.-Iran ceasefire extension talks point to a 60-day deal and phased Hormuz reopening, giving oil and tanker markets a new de-escalation signal.

By Reza Najjar
Markets

Trump’s 3,711 trades point to indexing, not stock picking

Trump stock trades point to direct indexing: thousands of tickets, Russell 3000 overlap and fuzzy disclosures leave the real mechanism partly hidden.

By Sloane Carrington
Commodities

US fuel prices may stay high after any Iran ceasefire

US fuel prices may stay high after any Iran ceasefire, with gasoline near $4.55 a gallon as inventories, refining and travel demand stay tight.

By Reza Najjar
Markets

China AI stock rally scrutiny widens to companies, funds

China AI stock rally scrutiny is widening as exchanges press companies and funds to justify disclosures, valuations and their links to the theme.

By Avery Lin
Economy

Fed rate cuts 2026: Nomura sees none as inflation stays sticky

Fed rate cuts in 2026 are looking less likely after Nomura dropped its easing call, citing sticky inflation, firm jobs data and a hawkish backdrop.

By Sloane Carrington
Regulation

Polymarket seeks Japan approval in global market push

Polymarket's Japan approval push adds a new regulatory test for prediction markets as U.S. officials debate rulemaking and trading-integrity risks.

By Tomás Iglesias
Markets

Indonesia export controls turn commodity policy into market risk

Indonesia export controls hit coal and palm oil stocks as investors price a wider test of margins, FX retention and state intervention.

By Sloane Carrington
Earnings

Target (TGT) earnings: 4% sales outlook tests rebound

Target earnings showed 5.6 per cent comparable-sales growth and a 4 per cent sales outlook, sharpening the market's read on shoppers and the turnaround.

By Sloane Carrington
Economy

Fed rate cuts 2026: Reuters poll points to longer hold

Fed rate cuts 2026 look less likely as a Reuters poll, firmer inflation forecasts and higher Treasury yields push markets to price a longer hold.

By Sloane Carrington