EU-China trade war looms closer
Europe’s trade deficit with China has sparked growing alarm on the continent, which fears Chinese goods will hollow out…
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Semafor
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France’s challenges mount over ballooning debt
Political divisions suggest Paris’ proposed budget faces an uphill battle to pass.
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Alphabet’s biolab in funding talks at $40B valuation
The company hopes the new investment will accelerate its push to develop new drugs.
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Oil prices surge after second day of Houthi strikes on Riyadh
The missile strikes come as Iran upped the pace of its attacks on vessels in the Strait of Hormuz.
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The fight to uncover the Nigerian president’s FBI files
President Tinubu has enlisted US lawyers to keep records from a 1990s Chicago drug probe sealed, but a lone California…
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Fewer Americans support companies taking stances on hot-button issues: poll
Forty-seven percent of Americans support businesses taking stances on current events, per Gallup — down from a high of…
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Republican leadership of Senate health panel in doubt
It's unclear who will replace Louisiana Sen. Bill Cassidy as the top Republican on the Senate HELP Committee.
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How Democrats can win the Latino vote
Polling by Voto Latino shared shows 40% of Latinos backing Democrats on the generic ballot, while just 21% support…
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Senate rules would change under sweeping bipartisan proposal
Sens. Steve Daines, R-Mont., and Jeff Merkley, D-Ore., want to make it easier for the body to pass popular bills.
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Africa launches credit rating agency
African Union’s new rating agency promises to add a fresh voice in a market dominated by the Big Three credit rating…
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Student protests in France spread to more cities
French authorities suspended the use of stun grenades after a teenager lost his hand during clashes with police.
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British Airways launches world's largest business class section
British Airways adapts to a growing premium sector by announcing that their Airbus A380s’ business class sections will…
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US Fed minutes show bank is unlikely to hike rates in October
Federal Reserve watchers did price in a December hike.
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Oct. 7 failures plague Netanyahu's reelection bid
Three years after Hamas’ deadly assault on the country, Israel stands more internationally isolated than ever.
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Tanker hiring costs surge amid shipping threats
The cost of hiring one very large crude carrier to move US oil to Asia topped $77 million, new data showed Wednesday.
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US 'unapologetic' in 'pursuit of national power,' Rubio says
The US’ top diplomat made the case for NATO allies to build self-reliance at a speech in Athens.
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Tech companies play whack-a-mole with rogue AI
Agentic AI hacks pose major issues for governments and tech companies alike.
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US and China take different approaches to AI agents
OpenAI’s dots and Meta’s Muse are built around the assistant first and then sent out to use other companies’ websites…
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AI video startup Higgsfield launches tool to build custom AI influencers
The company has updated its AI influencer tool, making it easier for users to insert a character of their own creation…
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The West’s open-source AI race kicks into high gear
Several Western tech firms have released open-source models over the past week.
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The five takes that will define this midterm campaign
Many different kinds of Democrats are grabbing credit for midterm victories that aren’t official yet. Here’s your guide…
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Is ‘abundance’ really dead?
The movement faced a wall of progressive resistance, but some Democrats are still embracing its ideas.
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Unions look beyond their rolls to build a new movement
State labor groups are rolling out a broad populist agenda.
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A French philosopher's 'virtuosic' memoir
Didier Eribon’s tale of homecoming offers a meditation on the socioeconomic tensions and disillusionment felt by many…
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Hyperscalers won't stop spending until shareholders make them
Hyperscalers are spending themselves into oblivion, spreading inflation well beyond Silicon Valley and obscuring…
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New Skydance CEO Kreiz will be Ellison’s enforcer
Investors are warily eying Skydance’s freshly downgraded debt, and layoffs are coming.
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Bessent's reassurances fall flat for investors
Credit investors in the riskiest corners of the market, always the first to surface confidence gaps, are doubting the…
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SpaceX looks to $40 billion debt raise to buy chips
The company’s reported raise shows it is stuck between mature tech giants like Google and Meta and startups like OpenAI…
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Alex Stamos on Silicon Valley's 'nihilism,' and the line between real AI risks and imagined ones
In the debut episode of Future Proof from Semafor Technology, Cognition CISO and former Facebook security chief Alex…
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Ethiopia renews push for Red sea access
After being sworn in for a second full term, Prime Minister Abiy Ahmed said his government would work diligently to…
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South Africa under pressure to provide $600M fuel relief
The Iran war drove petrol prices to record highs in the continent’s biggest economy.
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China is coming, slowly, for the dollar
Atlantic Council data shows the dollar still dominates trade and FX, but China's competitor is gaining ground.
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The Gulf's new era of defense spending regardless of Washington stalemate
Blackstone, Brookfield, and KKR agreed to invest $16 billion in July for a 49% stake in Kuwait's oil pipeline network.
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Alabbar advances $18 billion Syria projects
Alabbar said he would prioritize using Syrian contractors and sourcing supplies locally for the projects.
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DR Congo uncovers $20B in payments to ineligible mining suppliers
The country is courting new mining investment and seeks to ensure that Congolese partners have a genuine stake in the…
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Nigeria's $8B oil security costs spark controversy
State oil company NNPC said it incurred the cost to protect oil facilities.
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