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Copper Crown Consolidation: Anglo American and Teck Forge $53bn Merger After $20bn Takeover Talks
A ‘merger of equals’ creates Anglo Teck, a Canada‑headquartered copper heavyweight, in the sector’s second‑largest deal—capping a whirlwind 48 hours that began with reports of a ~$20bn Anglo bid for Teck. LONDON/VANCOUVER — Anglo American and Canada’s Teck Resources have…
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Giorgetti Says No Corrective Budget Needed: ‘Fantastical Hypotheses’ Dismissed
At Cernobbio’s Ambrosetti Forum, Italy’s economy minister says the public accounts are ‘going exactly as we had forecast,’ signaling a steady path to the autumn budget law. Economy Minister Giancarlo Giorgetti said there will be no need for a corrective…
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OPEC+ Extends Output Increases Into October as Saudi-Led Drive for Market Share Enters Month Seven
Eight core members will add a modest 137,000 barrels per day next month, easing the pace but underscoring a pivot toward volumes over price. OPEC+ has agreed to raise oil production again next month, extending a six‑month campaign to claw…
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Vulnerable Fitness Industry Exposed: 1.6 Million Audio Recordings Left Unsecured
A Security Breach of Epic Proportions: Gym Customers’ Sensitive Info at Risk A staggering 1.6 million audio recordings of phone calls made by fitness enthusiasts and staff have been left exposed online, leaving sensitive information vulnerable to cyber threats. The…
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‘Not for sale’: Tottenham rebuffs bids and insists the club is off the market
After Daniel Levy’s exit, Spurs say they have “unequivocally rejected” approaches, including one fronted by dealmaker Amanda Staveley, as majority owner ENIC reiterates no intention to sell. Tottenham Hotspur has moved swiftly to shut down mounting takeover chatter, declaring that…
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No Windfall for Osborne as Evercore Buys Robey Warshaw
Ex-chancellor expected to shift to part-time at Evercore after London boutique’s sale; most proceeds go to founding partners Evercore’s agreed purchase of Robey Warshaw, the Mayfair advisory boutique where former UK chancellor George Osborne has worked since 2021, is reshaping…
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Hargreaves Lansdown and Schroders Capital Open the Door to Private Markets
UK’s largest DIY investment platform brings unlisted assets to retail savers via SIPP, with LTAFs in private equity and infrastructure — ISA access slated for April 2026. Hargreaves Lansdown will begin offering ordinary savers access to private markets for the…
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Gaza at a Crossroads
Bombardment, famine warnings and a last‑minute push for a ceasefire define a perilous week Gaza City / Jerusalem / Cairo LEDE Under the heaviest bombardment in weeks, Gaza City awoke Monday to the thud of airstrikes and the hiss of…
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Pipeline to the Yuan: Russian Energy’s Panda‑Bond Pivot
Beijing prepares to reopen its onshore market to major Russian oil and gas groups, underscoring deepening diplomatic and financial ties with Moscow. China is preparing to reopen its domestic bond market to major Russian energy companies, a move that would…
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The Core Bet: How Magnetar Rode the AI Data Center Wave
From crisis-era contrarian to 2025’s standout performer, Magnetar’s multi‑billion‑dollar wager on CoreWeave reshapes the hedge fund’s identity — and tests its risk limits. If you know Magnetar at all, it is probably for the way the Illinois‑based hedge fund thrived…
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