MoneywebSunak says Trump is a ‘symptom’ of breakdown in global order
Sunak also said that technology companies are on track to become larger net issuers of long-term debt than the US government in 2027.
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Moneyweb
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MoneywebMoneywebLVMH’s China slump threatens hopes for broader luxury recovery
Revealing that sales on the mainland dropped by double digits in the third quarter while the traditionally high-spending consumer group also pulled back overseas.
MoneywebCrypto wallet tampering fallout widens as OneKey drops reseller
The incident is the latest in a series of attacks to plague the crypto industry in recent months, including the theft of more than $100m in Bitcoin from Coldcard-branded wallets made by Canada-based Coinkite.
MoneywebBlack-owned SA businesses face $45bn funding gap
The shortfall forms part of a $209bn capital deficit across five African economies, with researchers calling for more accessible funding to help businesses expand.
MoneywebGlencore set for Sydney debut in test of mining giant’s allure
The miner’s Australian debut could attract pension-fund investment, but coal exposure and climate policies may limit demand.
MoneywebTrump says he does not believe Russia and China are helping Iran
Adding that the two countries would have 'too much to lose' in aiding the Islamic Republic.
MoneywebWorld economy holds up, nears limits of resilience, IMF says
Businesses 'have continued to adjust to repeated shocks' while markets — buoyed by an exuberant tech industry — have taken a 'broadly benign view of the challenges,' the IMF said.
MoneywebMore weak banks in IMF doomsday scenario as AI boom fuels risks
Said AI-related challenges could imperil banks even as profits soar.
MoneywebTrump’s diesel deal irks allies and is unlikely to reduce prices
'The United States should not provide Putin with a financial lifeline while Russia continues to kill Ukrainian civilians,' the senators said in a statement.
MoneywebSaudi Arabia intercepts new Houthi attacks
A sign the confrontation with the Iran-backed militant group is far from subsiding.
MoneywebTencent kicks off $5bn bond sale to finance AI spending
To support its escalating investments in artificial intelligence.
MoneywebAnthropic eyeing data centre investment in Australia, envoy says
As the artificial intelligence company scales up its capacity build-out across the world.
MoneywebSaudi airport attacks pressure Trump to boost US role in Yemen
The devastating Houthi strikes on Riyadh’s main airport over the weekend killed at least 16 people, including a US citizen, and wounded roughly 300 in the deadliest attack on the kingdom in decades.
MoneywebFrench student protests enter third week as budget debate starts
With no clear response from policymakers to their demands in sight.
MoneywebSA factories crater as China imports stunt revival
Chinese exports to South Africa have more than doubled since the start of the decade, rising by almost $10bn in the first eight months of this year.
MoneywebBoxer coming for Shoprite’s retail crown
Analysis of Boxer’s strong cash conversion and leadership changes, and a look at global bond market turmoil ahead of SA’s Medium-Term Budget Policy Statement.
MoneywebCopper and aluminium drop as AI selloff saps appetite for risk
Copper fell 0.2% to $14 588 a ton on the London Metal Exchange as of 11:25 a.m. in Shanghai.