SpaceX and AI startup wealth fuels demand for private jets
Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors
Asian investors eye firms benefiting from but resilient to AI
Asian investors struck a cautious tone on artificial intelligence as they increasingly wager on businesses that can withstand the AI-led disruption and look for firms
Oil prices fall as markets weigh impact of US strikes on Iran
– Oil prices fell on Thursday as markets assessed the impact of U.S. strikes on Iran that could hinder progress on talks to end their war and
Total Energies divests its distributed solar generation activities in Europe
French oil major Total Energies has divested its 170-megawatt portfolio of distributed solar generation assets in Europe, it said on Thursday, as part of its strategy
IMF lowers 2026 global growth forecast to 3%, sees rebound in 2027
IMF raises headline inflation forecast to 4.7% for 2026. The International Monetary Fund on Wednesday inched its 2026 global growth forecast lower again to a
Oil surges, stocks tumble as Trump declares Iran MOU ‘over’
Samsung slides for a second session amid earnings worries. Oil surged by more than 5% on Wednesday and global stocks and bond prices tumbled, as
Gold falls over 1% as oil jumps after Trump says Iran peace deal ‘over’
Among other metals, spot silver fell 2.6% to $58.45 per ounce, platinum slipped 4.1% to $1,574.03. Gold prices fell more than 1% on Wednesday after
How higher pensions shape work after retirement: Lessons from Germany’s Earned Income Pension Credit
Can governments raise pensions for low-income retirees without discouraging them from working? Drawing on Germany’s Earned Income Pension Credit, this column finds that higher pension
When France’s Légion d’honneur awards move stock prices: A market signal of political access
State honours are designed as symbols of merit and public recognition. But they may also convey information with economic value. This column explores the market
Kuwait reports deficit of $23.09bln in FY 2025-2026, finance ministry says
The GCC country reported total revenues of 16.457 billion dinars, down 9.7% from the preliminary forecasts at 18.231 billion dinars. Kuwait’s deficit widened 13.2% to
