The episode raises serious questions over processes at the global consulting firm
Intense assault on Magic Seas is the first by rebel group since December
Company was part of London’s bumper crop of 2021 IPOs but was taken private two years ago at 90% discount
Wall Street firm hits back after being banned and ordered to return more than $550mn of ‘illegal gains’
A more fragmented media landscape means the second presidency could be a double-edged sword
US group set to be one of world’s top metals streaming companies once transactions close for Sandstorm and Horizon
Axon’s 60% gross margin highlights the profitability of supplying police gadgets
Tie-up brings together former bitcoin miners that have pivoted to satisfying demand for high-performance computing
Reported explosion on Greek-owned vessel at Baltic port is sixth to hit ships this year
The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history
The emissions-friendly watercraft industry is struggling to bring recreational sailors and freighters on board
Also in today’s newsletter, investors pour billions into tokenised mutual funds, and Musk creates new political party
LG Energy Solution estimates $360mn in operating income in boost from projected $1mn without credit
Plus the budget and renewable energy
Plus, investors snap up gilts, ‘buying the dip’ and the best summer books of 2025
Takeover would put ‘significant chunk of essential infrastructure under the control’ of UMG, executives complain
Charlie Nunn calls on government to tackle housing crisis to provide foundation for Britain’s economic growth
Including Maxim Samson’s fresh look at humanity’s imprint on the planet and Rebecca Tuhus-Dubrow’s exploration of the nuclear debate
Faced with geopolitical upheaval, economic volatility and technological disruption, directors are swiftly dismissing bosses
In an age obsessed with germs, wearing shoes at home feels fearless and free. And summer feet are deeply unsavoury
Permission to offer credit cards to 11mn British customers still pending as fintech nears 1st anniversary of becoming a bank
Territory boosted by Chinese companies looking to raise money in currency pegged to US dollar
Retail giants schedule duelling sales events as they fight for ecommerce supremacy
State school endowments see falling valuations as a prime opportunity to get in as public market expectations dim
Stablecoin issuers and traders are attracted by yields on offer and potential use as collateral in some derivatives transactions
