Institutional investors pull $2bn from Ashmore
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FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
Unified API Recall pulls conversational data from Zoom and Google Meet to power AI bots
Since its launch, Recall has roped in over 300 companies from different industries, ingesting millions of hours of conversational data and powering downstream AI applications.VentureBeat - Tech - Google -
Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
‘Art-washing’? Unease as British cultural institutions lend lustre to Saudi trade push
Campaigners say move to use the arts to reinforce economic ties with Riyadh may help to launder Gulf state’s human rights record. It was an unusual gig for YolanDa Brown, the saxophonist and composer who this week performed high above the clouds ...The Guardian - World -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
The church of Warren Buffett: Why thousands of investors flock to Omaha to be near the investing genius
Tens of thousands of investors attended the Berkshire Hathaway shareholders meeting in Omaha, Nebraska this year. I went to see what they were all doing there.CNBC - Business -
Investor and ‘Dragon’ Deborah Meaden: ‘I am not mean. What I am is . . . tough’
The British entrepreneur on going green, improving financial education — and when it’s OK for a vegan to eat eggsFinancial Times - Business -
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market's plumbing that roiled investors during the original meme-stock craze in 2021.
The sudden revival of GameStop mania comes just as the U.S. financial industry is racing to fix a big problem with the market’s plumbing that roiled investors during the original meme-stock craze in 2021.The Wall Street Journal - World -
Boy, 5, dies in fall from block of flats
A neighbour says the boy's parents are "inconsolable" after his death in east London.BBC News - Top stories -
Microsoft offers staff to relocate from China
Offer comes as tensions rise between Washington and Beijing over sensitive technologyFinancial Times - Business - Microsoft -
Gorsuch, Alito break from conservatives on CFPB ruling
Two of the Supreme Court’s most conservative justices broke away from other right-leaning members of the nation’s high court in a decision to preserve the Consumer Financial Protection Bureau (CFPB) — but a third led the majority opinion that ...The Hill - Politics -
China must learn from Japan’s ‘lost decades’
The consequences of the world’s second-largest economy being sucked into a deflationary spiral would be severeFinancial Times - World - China -
A tense day at the Trump trial: From the Politics Desk
Michael Cohen returned to the witness stand for a tense cross-examination by Donald Trump’s defense attorneys. Closing arguments could come next week.NBC News - Top stories - Donald Trump