Congo Basin deforestation nears Amazon levels
The destruction releases vast stores of carbon, adding to climate change that is already contributing to drought and…
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777 Partners founder’s guilty plea deepens scrutiny of Wall Street’s insurance trade
A Semafor investigation in 2023 found that 777 had been funneling insurance policyholders’ money into risky bets that…
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South Africa tightens rules on weight-loss drugs
Pharmaceutical giants Novo Nordisk and Eli Lilly have sought to curb the pharmacy-made products competing with their…
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South Africa’s Black firms face $45B funding gap
The findings come three decades after the government introduced measures aimed at reversing the dispossession suffered…
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Nigerian firm launches $200M SME fund
The fund seeks to close a credit access gap that constrains the growth potential of a vital pillar of African commerce.
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Dangote extends refinery share sale to Egypt
The sale will involve the use of depositary receipts, the same instruments that will be used to offer ownership to…
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Saudi's online war response takes a militaristic turn
Previously, the response to Iranian attacks was posting images of the flag, the crown prince, and a prayer for the…
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IRH and Zambia's state miner resolve copper financing dispute
The truce followed a meeting in Abu Dhabi between Zambian President Hakainde Hichilema and IRH’s CEO.
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LA's 'Selling Sunset' real estate agency opens a Dubai office
Luxury properties in Dubai have continued to sell for over $5 million, even during wartime.
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Houthi strikes expose Saudi Arabia's vulnerabilities
Despite Riyadh’s considerable air defenses and military spending, the militants have been able to outsmart the systems…
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Lowball retention bonuses doomed Perella-Piper Sandler merger
Perella bankers balked at $2.5 million in equity to stay with the combined bank.
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Apple and Meta to collaborate on new AI model
The move is the latest sign of AI reshaping old tech rivalries, as the giants have been at odds for over a decade.
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Tesla and Porsche unveil new models as competition with China heats up
Tesla unveiled its Roadster, first touted almost a decade ago, while Porsche revealed its first car under its new boss.
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Trade talks between the US, Mexico in jeopardy
The US’ reported insistence that steel, aluminum, and car levies remain in place has thrown the negotiations into…
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AI infrastructure debt costs soar amid investor concerns
Oracle’s $160 billion debt is rated just above junk status, and Microsoft’s AAA-rated debt costs 25% more to insure…
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Taipei restricts China chip sales to appease the US
The latest move by Taipei is a significant step in curtailing black market sales to Chinese companies seeking to bypass…
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The UAE’s ‘Zero Hormuz’ strategy runs through Fujairah
The Iran war has presented one of the country’s poorer emirates with a ‘once-in-a-lifetime opportunity.’
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Kalshi in no rush for Supreme Court ruling in fight with states
The company agrees that justices must eventually opine on whether states and tribes should regulate its sports event…
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US-Ukraine rift not affecting weapons
The Pentagon has told NATO members that a US procurement program that sends weapons to Ukraine via the alliance is…
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Trump administration logs record foreign investment
The SelectUSA program has brought in some $280 billion.
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Conservative AI safety group proposes export controls, visa restrictions
Humans First, a conservative-led group advocating for stronger AI guardrails, is out with an “America First AI Policy”…
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US Chamber of Commerce makes midterm moves
The group is launching a new $250,000 issue advocacy ad in Iowa.
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Trump advisers reject talk of a Wiles firing
“I think it’s absurd,” one administration official said of talk that the president would fire his chief of staff.
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Why Suntory’s CEO is still investing in a sobered-up spirits market
Nobuhiro Torii sees a chance to build the family company’s brands as listed rivals cut back.
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The $22B startup co-founder working to make chatbots talk back
ElevenLabs’ Mati Staniszewski is betting that “voice AI” will soon become the norm.
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White House’s AI task force gets to work
The White House’s AI task force has formally adopted its charter.
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UK and EU consider coordination on China tariffs
The UK said it was prepared to align its tariffs on Chinese EVs with the EU’s, delivering a boost to Brussels amid…
Read at source →UK signals it could coordinate with EU on Chinese EV tariffs
European leaders have adopted a more aggressive stance to shield native businesses from a tidal wave of Chinese imports.
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US expands military campaign against drug cartels in Latin America
The US is deploying 600 soldiers to a Panama training facility, The New York Times reported.
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Airports are becoming targets in escalating wars
The Houthis have reportedly struck Riyadh’s airport 20 times this month.
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Trump cancels plans for execution livestream after blowback
More than 70 retired military leaders had condemned the “barbaric” order.
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Zelenskyy meets EU leaders as his rift with Trump deepens
EU leaders are expected to ask Ukraine’s Volodymyr Zelenskyy to moderate his rhetoric against US President Donald…
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US stocks recover after multi-day tech selloff
Investors flocked to safer assets on concerns the AI buildout could falter in the face of weak consumer demand and high…
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The cost of insuring against AI company defaults spikes
Investors are buying up credit default swaps to protect against default by highly indebted hyperscalers, including…
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Senate Democratic candidates post ‘holy crap’ fundraising numbers
They’re cutting into Republicans’ midterm spending advantage across the map.
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Americans open to data centers with guardrails, poll finds
AI companies can soften support for statewide data center moratoriums by committing to pay for related electricity…
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