Tag: capital
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AI: Why Europe is falling behind, and how it can catch up
Europe trails the US and China in artificial intelligence. Economist and Nobel laureate Philippe Aghion says better research funding, venture capital and AI innovation can help it catch up.
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Surviving London: A student’s guide to life in the capital
Like many young Londoners, Avesta lives with his parents. The British-Iranian student shows us his day-to-day in the fast-paced city.
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Macron safe after explosions in Syrian capital during French president’s visit
As reports of the blasts came in, state television said the Syrian president had welcomed Macron at the presidential palace.
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Venezuela hit by two powerful earthquakes
Strong earthquakes struck west of Venezuela’s capital just seconds apart, bringing down buildings in Caracas.
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Analysis:SPACs are back, thanks to Wall Street’s mega-IPO frenzy
June 17 : SPACs are making a comeback. A flood of expected blockbuster IPOs this year is creating an opening for SPACs as smaller companies seek to capitalize on a favorable market without having to compete for investor attention against the likes of SpaceX, Anthropic and OpenAI.That is giving blank-
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Somaliland opens Jerusalem embassy after Israel’s recognition of its independence
The move comes six months after Israel became the first country to recognise the breakaway East African state.
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Nvidia raises €21.5bn in first bond sale since 2021 on AI demand
Nvidia has returned to the corporate debt market for the first time in five years, pricing a $25 billion (€21.5bn) bond sale that drew roughly $85 billion (€73.2bn) in orders, a sign of investors’ strong appetite for exposure to AI.
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Analysis:Japan governance reforms set to prise open $1.8 trillion cash hoard
TOKYO, June 11 : Proposed revisions to Japan’s governance code that stress the need for efficient use of cash have raised expectations among investors that corporate hoarders will start to mobilise their $1.8 trillion money mountain.The revisions, to be finalised in the summer, could see companies return more
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Oracle’s AI spending blows past estimates, raising worries over growing debt
June 10 : Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the staggering scale of cash burn needed to build out its AI infrastructure.Its shares fell 8.9 per cent in extended t
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Mogadishu fighting: Heavy gunfire in Somali capital as row over election delay escalates
The opposition has called for protests after the president’s term in office was extended by a year.
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