Photonic startup Lightmatter raises $400 million amid AI datacenter boom, eyes IPO next
Lightmatter, a Mountain View, California-headquartered startup building photonic tech in datacenter networking chips, said on Wednesday it has raised $400 million in a Series D
Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record
Morgan Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to a record. A revival in
The role of borrowing in the rise of gilt yields during the Truss episode and some possible implications
The rise in gilt yields following the Kwarteng/Truss Budget in September 2022 is commonly held up as a poster child for why an increase in
The rise of sovereign–bank nexus risks in developing economies
The exposure of domestic banks in emerging market and developing economies to local sovereign debt has grown rapidly over the last decade. This column analyses
Hidden profits, lost jobs: The link between tax havens and employment
Multinational enterprises have long been scrutinised for their ability to shift profits across borders, using tax havens to minimise tax liabilities. Yet, there is little
Key issues in economic analysis in an increasingly turbulent security environment
After a period of rapid growth, recent trends in world trade reveal a phase of stagnation. Rising geopolitical tensions have been accompanied by trade restrictions
Sovereign emissions: Circumstances versus effort
Evaluating sovereign emissions closely resembles the nature versus nurture debate; we must consider both the inherent structural factors of countries such as demography, geography, and
Macroeconomic implications of the recent surge of immigration to the EU
Driven largely by refugees from Ukraine, the EU saw immigration of non-EU citizens surge in 2022. This column discusses the macroeconomic implications of this immigration
Supply chain shortages, large firms’ market power, and inflation
The Covid-19 pandemic and ongoing geopolitical tensions have revealed the fragility of global supply chains. This column studies the link between supply chain disruptions and
Reassessing the mental health crisis among PhD students
The mental health of PhD students has become a growing concern, with reports highlighting high rates of depression, anxiety, and suicidal ideation. However, much of
