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Musk in funding talks with Middle East investors to value xAI at $45bn
Early discussions include existing backers of artificial intelligence start-upWorld - Financial Times - October 31 -
John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at 90
The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance.World - The Wall Street Journal - October 31 -
BBC World Service secures Budget bump in government funding
Executives warned that previous cuts left the UK struggling to counter a rise in Russian and Chinese propagandaBusiness - Financial Times - October 31 -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
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Not one government has paid into fund for victims of Uganda warlord, says ICC
The international criminal court awarded a record €52.4m to survivors of Dominic Ongwen’s crimes but member states have failed to contribute. Not a single country has contributed towards ...World - The Guardian - November 1 -
Funding of A9 dualling project a real concern, say MSPs
They also say issues around funding had already delayed the £3bn Inverness to Perth project.Top stories - BBC News - November 1 -
Prince Andrew's funding cut off by King, says book
The Duke of York has been cut off financially by King Charles, according to a royal biography.Top stories - BBC News - November 2 -
Schroders shares tumble after fund manager reports outflows
Shares of U.K. fund manager Schroders fell on Tuesday after it reported outflows in the third quarter and said more money would leave the firm in the fourth quarter.Business - MarketWatch - November 5 -
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Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - November 5 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - November 5 -
Serious Fraud Office given extra funding to fight financial crime
Money will be used to reform how the UK agency manages its cases and handles evidenceWorld - Financial Times - November 7 -
UK government explores privately funded Birmingham-Manchester rail link
Mayors argue new train line is needed after northern leg of HS2 was axed on cost groundsWorld - Financial Times - November 8 -
Morning Report — Leadership races, funding up next for Congress
In today’s issue: As the remaining ballots are being counted in House and Senate races, Congress returns to Washington next week for the lame duck period. Republican electoral wins in the ...Politics - The Hill - November 8 -
Buffalo Bills Fans Buy Municipal Bonds to Help Fund New Stadium
Critics of using public money to build sports facilities dismissed the bond sale, but some of the team’s devoted followers eagerly paid in.Business - The New York Times - November 10 -
The race to build a £354bn British pensions behemoth
Reeves’ Mansion House speech will push for faster integration of council retirement schemesBusiness - Financial Times - November 11 -
Smaller nations fear delays in climate loss and damage funding
Fragile states worry they may have to wait years before receiving assistanceWorld - Financial Times - November 11 -
FirstFT: Meet Trump’s hawkish foreign policy team
Also in today’s newsletter, Wall Street bonuses set to jump after two fallow years and China unveils new stealth jetWorld - Financial Times - 6 days ago -
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.Business - CNBC - 6 days ago -
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Investors await founder Masayoshi Son’s next big move on artificial intelligenceBusiness - Financial Times - 6 days ago -
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investmentsTech - ABC News - 6 days ago -
What investors need to consider when choosing a dividend-paying fund
When choosing between dividend-paying strategies, it's important to consider a fund's expenses and whether it fits your goals, experts say.Business - CNBC - 6 days ago -
Live updates: House Republicans take a victory lap as Congress returns to DC
Republicans return to Congress for the lame duck session to decide on government funding, leadership elections in both chambers, and whether to cut a deal with Democrats or push the issue into next ...Politics - The Hill - 6 days ago -
23andMe warns of ‘substantial doubt’ over its survival without new funding
Once-hyped genetic start-up issues latest guidance after reporting further quarterly revenue declinesBusiness - Financial Times - 6 days ago -
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BlackRock expands its tokenized money market fund to Polygon and other blockchains
BlackRock launched the USD Institutional Digital Liquidity Fund on Ethereum earlier this year.Business - CNBC - 5 days ago