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China’s Geely sells Saxo Bank stake to Swiss private bank
Eight-year joint venture was a bet on Chinese capital markets opening up to the westFinancial Times - 3d -
US tariffs could extend Germany's recession, says bank
Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.BBC News - 19h -
Chinese investors privately take stakes in Musk’s companies
Asset managers have been promoting tech mogul’s ties to Donald Trump to lure capital to xAI, Neuralink and SpaceXFinancial Times - 4d -
Trump Organization Sues Capital One for Closing Its Accounts
President Trump’s family business accused the bank of violating consumer protection laws by closing its accounts in the aftermath of the Jan. 6 attack.The New York Times - 5d -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - 5d -
Trump Organization sues Capital One bank over account closures after Jan. 6 Capitol riot
The Trump companies accuse Capitol One of having "'woke' beliefs that it needed to distance itself from President Trump and his conservative political views."CNBC - 5d -
Private Prisons Are Ramping Up Detention of Immigrants and Cashing In
The Trump administration is expected to use thousands more beds in these facilities as part of its mass deportation effort.The New York Times - 5d -
AI frenzy leads US venture capital to biggest splurge in three years
Investor excitement over fast-developing technology has seen a flurry of massive funding rounds this yearFinancial Times - 3d -
US makes fresh push for World Bank to back nuclear power
New administration wants Washington-based multilateral lender to help the west compete with China and RussiaFinancial Times - 4d -
Wells Fargo’s stock rises as analyst proclaims ‘good entry point’ for investors
RBC Capital says Wells Fargo’s stock is a good buy after the recent financial-stock selloff, though most bank stocks remain in the red.MarketWatch - 3h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 3d -
US inflation fell more than expected to 2.8% in February
Figure bolsters case for cental bank to cut interest rates amid signs of slowing economic growthFinancial Times - 22h -
DeepSeek AI cranks open the spigots on Chinese venture capital
DeepSeek's artificial intelligence breakthrough is stirring up China's venture capital world after three straight years of decline.CNBC - 1d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 3d -
Fed chief Jay Powell plays down growth worries after jobs report disappoints
Chair says US central bank in no ‘hurry’ to cut interest rates at end of turbulent week for Wall StreetFinancial Times - 5d -
Ecuador enlists founder of Blackwater private army as ally in ‘war’ on crime
Daniel Noboa, who is seeking re-election as president, announces partnership with Trump supporter Erik Prince. Ecuador ’s president, Daniel Noboa , has announced a “strategic alliance” with ...The Guardian - 1d -
Gangs unleash new attack on Haiti's capital as police vow to hold them back
A powerful gang coalition has launched new attacks on Haiti’s capital, while police vow to hold the gunmen backABC News - 23h -
Private lunar lander dead after landing sideways in crater near moon's south pole
A private lunar lander is no longer working after landing sideways in a crater near the moon's south poleABC News - 6d -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - 5d -
Private equity wants a larger piece of the $12.5 trillion workplace retirement plan market
With the new Trump administration, private equity firms see a greater opportunity in the $12.5 trillion in assets in employer-sponsored retirement plans.CNBC - 2d -
What does Canada’s new prime minister mean for the US?
Canada has a new prime minister-in-waiting. Following Justin Trudeau’s resignation in January, the governing Liberal Party elected Mark Carney as its leader in a landslide victory on Sunday. ...The Hill - 1d -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - 1d -
Restore America's crime-plagued capital
Washington, D.C. has one of the highest murder rates in the developed world, and has seen a recent increase in crime, including a stabbing at Safeway and a knife-brandishing hooligan terrorizing ...The Hill - 5d -
The US Postal Service helped build the Black middle class. Trump could end that legacy
Trump is expected to privatize the USPS, where Black people make up 29% of the staff, and cut down on the number of jobs. In recent weeks, the fate of the United States Postal Service (USPS) , a ...The Guardian - 2d -
Labour ministers yet to hold talks over Abramovich funds
Funds worth £2.5bn - meant to help Ukrainians - remain frozen in a UK bank account over a row about how to use them.BBC News - 5d -
Zelenskyy agrees to 30-day US ceasefire deal; explosions reported in Kyiv and Kharkiv – Ukraine war live
Donald Trump plans to talk to Vladimir Putin about ceasefire; Russian state media reports explosions in Ukraine capital as Kyiv’s mayor says air defence forces are repelling the strikes. As the ...The Guardian - 1d -
U.S. tariffs could thrust Germany into recession, central bank governor says
Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.CNBC - 5h -
Chaos in Romania's capital after far-right Calin Georgescu barred from presidential redo
Chaos broke out in Romania’s capital as supporters of the far-right populist Calin Georgescu protested the electoral body’s decision to reject his candidacy in a presidential election redoABC News - 3d -
D'Wayne Wiggins, founding member of Tony! Toni! Toné!, dies after private cancer battle
D'Wayne Wiggins, who founded soul trio Tony! Toni! Toné! with Raphael Saadiq and Timothy Christian Riley, died after a private battle with bladder cancer. He was 64.Los Angeles Times - 5d -
Report: Banks, Packers agree to four-year, $77M contract
Former San Francisco 49ers guard Aaron Banks reportedly agreed to sign a four-year, $77 million free-agent contract with the Denver Broncos.Yahoo Sports - 3d -
Skirmish in Syrian Capital Raises Fears of Expanding Violence
The overnight clash in Damascus appeared to have been contained, but it has heightened concerns that the violence sweeping the country’s coastal region could spread.The New York Times - 2d -
Israel strikes Syrian capital in warning to new leader
Strike targeting Palestinian group is first since interim President Ahmed al-Sharaa established controlFinancial Times - 3h -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 4d -
India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target
The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.CNBC - 1d -
RFK Jr. Will Convene a New Health Commission in Private
President Trump ordered the creation of the Make America Healthy Again Commission last month, taking the name from the movement led by Robert F. Kennedy Jr., the health secretary.The New York Times - 2d -
America’s next killing spree: 10 days, five states, six death-row prisoners set to die
Desolate spectacle of executions begins again under Trump, in landscape of capital punishment as riven as US is as a whole. David Leonard Wood. Jessie Hoffman. Aaron Gunches. Wendell Grissom. ...The Guardian - 2d -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - 3d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 2d -
Zeldin: $20B in green bank grants from climate law terminated
Environmental Protection Agency (EPA) Administrator Lee Zeldin said Tuesday night he has terminated $20 billion in green bank grants that were funded by the Democrats’ climate, tax and health care ...The Hill - 1d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 2d
