Funds Magnified August

Musk in funding talks with Middle East investors to value xAI at $45bn

Early discussions include existing backers of artificial intelligence start-up

World - 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 propaganda

Business - 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

Summit to save nature enters final day with disagreement on funding

World - Yahoo News - November 1

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.

These tips for investing in mutual funds and ETFs can inflation-proof your portfolio

Prepare for the possibility of higher interest rates.

Business - MarketWatch - 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.

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

Israeli law to cut funding for schools linked to terrorist acts

World - Yahoo News - November 5

Labour hedge fund donor’s profits drop 76% after restructure

Quadrature made largest single donation to party after UK election called in May

Business - 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 evidence

World - Financial Times - November 7

These tips for investing in mutual funds and ETFs are a vote for your money

Cheap stocks, higher yields and other postelection portfolio moves to consider.

Business - MarketWatch - 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 grounds

World - 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

Here's why ETFs often have lower fees than mutual funds

Fees are one of the few things people can control relative to investing.

Business - CNBC - 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 schemes

Business - 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 assistance

World - 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 jet

World - Financial Times - November 12

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 - November 12

SoftBank returns to profit as Indian IPOs boost Vision Fund gains

Investors await founder Masayoshi Son’s next big move on artificial intelligence

Business - Financial Times - November 12

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 investments

Tech - ABC News - November 12

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.