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Politics
Russia, Trump and a battle over welfare loom over Sweden’s election
Whoever wins Sweden's general election on Sunday will face an unusually difficult financial equation with a structurally higher defense bill, growing demands on the welfare state as well as shrinking room to pay for both.That challenge…
Chinese Nvidia rival Enflame soars 206% on stock-market debut
SHANGHAI, CHINA - JULY 20, 2026 - Tourists visit the Enflame booth at the 2026 World Artificial Intelligence Conference in Shanghai, China on July 20, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images)Cfoto |…
Jamie Dimon joins bankers lobbying UK ahead of Autumn budget
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon speaks during the special event "Liberty Lights" at the Statue of Liberty to celebrate the 250th anniversary of US independence on Liberty Island in New York City, on July 1,…
Fintechs conquered payments in India. Now they’re eyeing credit
Participants during the Global Fintech Fest in Mumbai, India, on Wednesday, Sept. 9, 2026. Policymakers, bankers, technology companies and fintech founders have gathered at the annual Global Fintech Fest to debate what comes after the…
IEA cuts oil supply forecast as Iran war delays Middle East recovery
An employee looks out over oil transport pipelines on the Arabian Sea in Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia.Simon Dawson | Bloomberg | Getty ImagesThe Iran and Ukraine wars are adding…
Global bond sell-off deepens as $100 oil stokes stagflation fears
Global borrowing costs came under further pressure on Friday as soaring energy costs clouded the economic outlook for many countries. The yield on German 10-year government bonds, seen as the euro area benchmark and a traditional safe…
AI self-improvement fears prompt ‘existential’ concerns at Anthropic,
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.Fears over the safety of AI systems — and their potential to wipe out humanity — gained new, viral traction this week. Evan Hubinger,…
The days of the sub-$100 smartphone may be numbered
The days of the sub-$100 smartphone may be numbered as memory costs soar, with China seeing one of the more dramatic shakeups in price points. Some 173 million smartphones priced below $100 were shipped globally last year. In the second…
Trump dismisses AI extinction fears amid warnings from OpenAI, Anthropic
U.S. President Donald Trump has dismissed warnings that AI could pose an existential threat to humanity, after a wave of insiders at frontier labs Anthropic and OpenAI stepped up public warnings of risks from the technology.When asked if…
Oil spike piles pressure on private credit borrowers as defaults rise
Soaring energy costs are creating a fresh pressure point for private credit borrowers already facing higher interest costs and a steep refinancing wall, private market specialists say.U.S. West Texas Intermediate futures were trading at…