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Coinbase: BlackRock deal will not put…
The fortunes of Coinbase, the largest listed US…
EU mediators submit ‘final text’ in…
EU officials mediating talks between the US and Iran aimed…
Carlyle’s chief executive resigns after…
Private equity giant Carlyle Group is replacing its chief…
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Twitter calls Musk’s case against $44bn deal ‘implausible’
Twitter has accused Elon Musk of creating a “new set of excuses” to avoid honouring his $44bn agreement to buy the social media company, calling his recently filed objections “implausible and contrary to fact”.After Twitter…
Carmakers face fierce battle for lithium until 2030, warns top producer
Carmakers face a battle for the rest of the decade to secure the lithium needed to help power the electric vehicle revolution, as demand threatens to overwhelm supply, one of the biggest producers of the metal has…
AMTD: ‘Asia’s GameStop’ pits Superman against super-meme
It took just two days for the value of an obscure Hong Kong financial services firm to exceed $300bn. Even after the capitalisation of New York-listed AMTD Digital halved to the Thursday close, it was higher than that of…
Nazanin Zaghari-Ratcliffe: ‘I don’t know how I survived’
Nazanin Zaghari-Ratcliffe studies the thick menu, leafing through its pages in search of the various tastes she is craving. There’s an aubergine platter that she’s had before and wants to try again, a squid tempura, a spinach…
Warren Buffett’s Berkshire reins in stock purchases and books $43.8bn loss
Warren Buffett’s Berkshire Hathaway dramatically slowed new investment in the second quarter after setting a blistering pace at the start of the year, as the US stock market sell-off pushed the insurance-to-railroad…
Energy crisis: shiver not at colder houses and warmer clothes
Cold shower anyone? The hot water has been turned off in some German leisure centres. In Spain, energy savings measures are starting to bite. Offices, bars and shops are banned from adjusting the thermostat below 27C in…
Extreme weather patterns take deadly toll in Kentucky floods
The southern US state of Kentucky suffered record rainfall over July, unleashing fatal floods in Appalachian mountain towns as the phenomena of La Niña and the disruption of the jet stream contribute to extreme weather…
Senate votes to advance Biden’s tax and climate bill
The US Senate has voted to advance president Joe Biden’s climate, tax and healthcare legislation, bringing the president and his party a big step closer to securing passage of their flagship economic package just months…
Taiwanese Apple supplier battles activists over $4bn cash pile
An Apple supplier based in Taiwan is battling an international investor over its multibillion-dollar cash pile, in a case that signals burgeoning shareholder activism in the territory.Catcher Technology, which manufactures…
Japan has ‘once-in-lifetime’ chance to end deflation, says departing BoJ official
Japan needs bolder monetary and fiscal stimulus to seize “a once-in-a-lifetime opportunity” from global inflationary pressures to end its war on deflation, according to a Bank of Japan board member who recently left the…
