Blackstone’s headline commitment of nearly £90 billion toward U.K. investments has attracted major attention — and with it, growing questions about what the pledge actually means in practice, how much of it will show up in the ground, and what risks lie beneath the optimism. In announcing the largest single investment in a wave of…
OpenAI has been central to one of the most dramatic surges in private-tech valuations in recent memory. In less than two years its ascent — from being a headline AI researcher to the centerpiece of a liquidity revolution — has helped pull up valuations across a group of top startups. Seven tech firms now stand…
The luxury fashion world is undergoing one of its most dramatic shifts in decades as Generation Z emerges as a dominant consumer force. Born between 1998 and 2012, this group is projected to make up a quarter of global luxury spending by 2030, up from just 4% before the pandemic. While this surge presents enormous…
Huawei’s recent collaboration to create a variant of DeepSeek with enhanced content filtering, known as DeepSeek-R1-Safe, marks a significant moment in China’s AI strategy. The move underscores both Beijing’s tightening grip over digital speech and the company’s ambition to lead globally while meeting regulatory demands. Observers say the new model carries serious implications: for privacy,…
Meta Platforms this week unveiled its first consumer-ready smart glasses with a built-in visual display, framing the device as a practical step toward a long-term ambition: always-available, context-aware artificial intelligence the company calls “personal superintelligence.” The Ray-Ban Display, bundled with a wristband controller and tightly integrated with Meta’s model stack and social services, is being…
Nestlé’s board has accelerated a leadership change that hands Pablo Isla a central role in reviving growth, restoring margins and simplifying a sprawling global food business. Isla, the former long-time chief executive and chairman of Inditex who helped transform Zara into a relentless fast-fashion machine, arrives with a clear mandate: apply systems-driven execution, sharpen digital…
France’s borrowing costs climbed at the start of the week after Fitch cut the country’s sovereign credit rating, underscoring the fragile balance between fiscal sustainability, political uncertainty, and market confidence. The downgrade, which shifted France from AA- to A+ with a stable outlook, triggered an immediate reaction in bond markets, with yields on key government…
China’s market regulator has announced a preliminary finding that Nvidia violated the country’s anti-monopoly law — a move that immediately raises stakes for the chipmaker and adds a new, regulatory dimension to an already fraught relationship between Beijing and Washington. Beyond the legal mechanics of the probe, the finding is a diplomatic signal, a potential…
President Donald Trump has publicly urged NATO and European Union partners to stop buying Russian oil and to impose stiff economic penalties on Moscow — and he has framed U.S. action as contingent on allied steps. The approach has puzzled and alarmed some Western officials: by pushing allies to take the lead while repeatedly delaying…
Oracle’s recent earnings have underscored how OpenAI’s ramped cloud-investment plans are sending ripples across the tech sector. A mega contract, astonishing growth in Oracle’s performance backlog, and skyrocketing market expectations all paint a picture of transformation — but the surge is also stirring up debate over concentration risk, profitability, and whether this boom can last.…
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