The world’s oil-price benchmark is being radically reformed – The Economist
The price of Brent crude has a decent claim to be the world’s most important number. Two-thirds of the 100m barrels a day of oil...
Author : Nelli Avetisyan
Housing market could be hit by higher interest rates, Nationwide warns – BBC News
More rises in mortgage interest rates could hit the UK’s housing market, Nationwide has warned. The building society said that house prices in the year...
‘Everyone will get affected’: Tesla jolts EV charging industry – The Financial Times
Tesla’s proprietary charging network helped power its rise as the dominant US electric-car maker. Now it is opening that network to rival marques — a...
Elon Musk is once again the world’s richest man – CNN
Elon Musk has reclaimed his position as the world’s wealthiest person. That’s according to a Bloomberg Billionaires tally, which estimated the Tesla (TSLA) CEO’s net...
Zeroing in on the social dimension
When it comes to environmental, social and governance (ESG) investing, the main emphasis has previously been on the ‘E’, with global efforts on developing environmental...
ECB’s Inflation Fight Exposes Fragilities in Financial System – Bloomberg
The European Central Bank’s fight against stubbornly high inflation has revealed fragilities in the financial system that are becoming increasingly difficult to ignore.Higher interest rates...
Where Is the U.S. Economy Headed? Follow the Money – WSJ
The stock market is near a one-year high, giving many investors comfort. But down below, debt markets are creaking under the strain of rising interest...
AI executives warn its threat to humanity rivals ‘pandemics and nuclear war’ – The Financial Times
A group of chief executives and scientists from companies including OpenAI and Google DeepMind has warned the threat to humanity from the fast-developing technology rivals...
Goldman Sachs is cutting jobs again amid Wall Street deals slump – CNBC
Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a slump in deals activity. The company...
These companies are winners in the debt ceiling deal – CNN
The debt ceiling deal in Washington did not set off a celebration in the stock market. But the bipartisan compromise is causing fireworks for some...