Private equity: from cutthroats to frenemies

The Iran-backed Houthis have struck Riyadh airport in Saudi Arabia multiple times this week, US president Donald Trump claims an “energy ceasefire” between Russia and Ukraine, and AI companies are pulling back new debt issuance. Plus, US bank earnings this week suggest the good t ...  Show more

SoftBank founder Masayoshi Son is seeking to raise as much as $100bn from Gulf investors to further his massive bet on AI, the Flydubai co-pilot who tried to hijack a flight to Tel Aviv expressed misogynistic views online, and Donald Trump has said Washington will not strike Iran ...  Show more

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) China’s central bank lowered the interest rate charged on its one-year policy loans by the most on record, kicking off a sweeping program to revive confidence in the world’s second-large ...  Show more

Prabowo Subianto stormed to victory in the world’s largest single-day election. But critics say his presidency could jeopardise two decades of democratic progress. Nvidia has dominated the global market for AI accelerator chips for years. Could a company about a third of its size ...  Show more

Kenya’s presidential race has been turned upside down. After a high-profile split with President Kenyatta, his deputy William Ruto – despite being in government for the last nine years – is running on an anti-establishment platform. Having distanced himself from Kenyatta, Ruto ...

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