US-Iran accord opens way for Hormuz charges, industry warns

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US-Iran accord opens way for Hormuz charges, industry warns

Shipping executives fear language will enable Tehran to introduce fees after 60 days or a fund similar to Strait of Malacca

2 months ago

economy

Trump is taking a page out of China’s sovereign AI playbook

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Trump is taking a page out of China’s sovereign AI playbook

Governments have long protected strategic industries — what is new is their willingness to become shareholders

2 months ago

economy

The AI Shift: How AI is ‘senior-ising’ junior roles

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The AI Shift: How AI is ‘senior-ising’ junior roles

Changing workflows mean employers are now asking new recruits to be managers and decision makers

2 months ago

economy

Clay Sheriff: IBM Helps Toyota Reimagine Supply Chain

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Clay Sheriff: IBM Helps Toyota Reimagine Supply Chain

IBM Senior Partner Clay Sheriff on helping Toyota transform North American supply chain visibility, data and decision-making

2 months ago

economy

Kevin Warsh’s debut

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Kevin Warsh’s debut

Hawkish overtones, dovish undertones

2 months ago

economy

JPMorgan Chase cuts off Anthropic access for its Hong Kong staff

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JPMorgan Chase cuts off Anthropic access for its Hong Kong staff

Bank follows Goldman Sachs in preventing use of Claude in Asian financial hub

2 months ago

economy

What is the point of Berkshire Hathaway?

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What is the point of Berkshire Hathaway?

It can be bold — or become an index fund

2 months ago

economy

Meta’s AI Gamble: Dina Powell McCormick Opens Door to Wall Street

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Meta’s AI Gamble: Dina Powell McCormick Opens Door to Wall Street

Former Goldman Sachs executive explores financing once alien to Silicon Valley for $600bn infrastructure push

2 months ago

economy

How the oil market shrugged off the Iran crisis

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How the oil market shrugged off the Iran crisis

Fears of summer shortages and $200 oil have been replaced by a focus on looming gluts

2 months ago

economy

To avoid backlash, tech giants must share their AI wealth before it’s too late

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To avoid backlash, tech giants must share their AI wealth before it’s too late

The US cannot wait for the worst job losses to hit before moving corporate and public policy in a pro-worker direction

2 months ago

economy

Thoma Bravo hands Medallia to lenders in one of private equity’s biggest losses

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Thoma Bravo hands Medallia to lenders in one of private equity’s biggest losses

Blackstone-led consortium to take over software company and inject $150mn to help cut its debt load

2 months ago

economy

Billionaire trader Alex Gerko loses tax appeal at UK Supreme Court

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Billionaire trader Alex Gerko loses tax appeal at UK Supreme Court

Top court rules traders should pay income tax on share of trading profits

2 months ago

economy