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No Breakup for Google: A Court Ruling Reshapes the AI Race
After a U.S. judge rejects structural remedies in the search monopoly case, Alphabet is poised to press its advantage in generative AI—even as new guardrails alter the playing field. Executives at Google are breathing easier this week after a U.S.…
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Messina Bridge Meets a NATO Roadblock
Transport Ministry: “Already financed, no NATO funds.” After U.S. pushback, Giorgetti and Crosetto hunt for a Plan B to reach the 5% target. The U.S. ‘brake’ on Italy’s most emblematic infrastructure gamble arrived with unusual clarity. Asked at the Bled…
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MPS Celebrates a Victory. Now Comes the Hard Part.
With the Del Vecchio heirs tendering into the share‑swap offer, Delfin could edge past a 20% stake in Monte — beyond what Frankfurt has cleared so far. After a summer of brinkmanship, Banca Monte dei Paschi di Siena (MPS) is…
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After Giorgio Armani: What Becomes of the House He Built?
The designer’s death at 91 puts a meticulous succession plan to the test—and could redefine independent luxury. Giorgio Armani died on September 4 at the age of 91, closing a chapter that shaped the very idea of modern elegance. For…
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Tether’s Gold Gambit: From Bars in Zurich to Bets on the Minehead
The world’s biggest stablecoin issuer has quietly piled up billions in bullion and is now eyeing investments across the entire gold supply chain — drawing surprise, skepticism and a new clash between crypto cashflows and old‑school mining. Tether, the issuer…
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Apollo’s $30 Million Showdown: Inside the Athene Rivalry Heading to a New York Jury
A long‑running dispute over alleged trade‑secret theft pits the private‑equity giant against two former Athene executives—and rekindles the saga of ex‑Apollo partner Imran Siddiqui’s insurance venture. Next week, a New York State jury will hear Apollo Global Management’s lawsuit seeking…
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The Next Bailout Risk? Jean Tirole Sounds the Alarm on Stablecoins
The Nobel laureate says “insufficient supervision” leaves dollar‑pegged tokens vulnerable to runs—and taxpayers exposed—unless regulators move fast. Jean Tirole, the Nobel Prize–winning economist, has issued one of the starkest warnings yet about the fast-growing world of stablecoins. In an interview…
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From Handbags to Highchairs: Why Children Are the New Luxury Status Symbol
As costs soar and birthrates plunge, wealthy families flaunt their privilege not through cars or watches but by raising large households. For decades, status in the global elite was defined by material possessions. A Birkin bag swung from the arm,…
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Unhedged: Trump Buys Into Intel
A 10% government stake in the chip giant extends Washington’s grip on the economy, as Republicans ignore the “Marxist” overtones In an extraordinary twist for a party that has long championed free markets, the Trump administration confirmed this week that…
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Fields of Uncertainty: British Farmers Confront a Second Year of Poor Harvests
Dry weather, shrinking subsidies, and tumbling prices place the agricultural sector under severe strain British farmers are facing the prospect of a second consecutive year of poor harvests, raising alarm across rural communities and stirring renewed debates over food security,…
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