A quarterly magazine written for the members of LIBF looking at financial services, economics, fintech, financial advice, trade finance, regulation and careers with guest columns from leading commentators.
Financial World, the magazine of LIBF
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As many as 100 million Chinese consumers are struggling to service their personal debt, fueling a largely hidden crisis that threatens Beijing’s efforts to revive the world’s second-largest economy
On his way home from the G7 in France, Donald Trump send more mixed signals about the future of the North American trade pact. Read the Canada Daily newsletter.
Microsoft has built a large business selling AI models in China even as OpenAI and Anthropic voice concerns about the country's AI efforts
India’s monsoon has had an unusually weak start and the lackluster rainfall is likely to persist, threatening crops and industrial activity as the El Niño weather phenomenon takes hold.
Virginia has more data centers than most countries. Its return to a cap-and-trade carbon program is sending prices of mandatory allowances climbing.
Apple to raise prices due to memory chip shortage, CEO Cook tells WSJ reut.rs/4uMQPUR
People starting new jobs at lowest level in five years
www.bbc.co.uk/news/article...
#employment #growth #NI #tax #productivity #demographics #careers
Swiss lower house of parliament rejects Mercosur trade deal reut.rs/4ewuGo0
UniCredit seeking to double stake in Generali through Delfin, daily Il Sole 24 Ore reports reut.rs/4vlNihA
Wall street urges US regulators to further ease Basel capital rules, FT reports reut.rs/4xGJObc
Virginia’s democratic governor is driving the state’s return to the market in a partisan flip on climate policy.
Microsoft Corp. has built a big business selling AI models to Chinese companies despite the growing rivalry between the US and China over artificial intelligence.
bloom.bg
India’s monsoon has had an unusually weak start and the lackluster rainfall is likely to persist, threatening crops and industrial activity as the El Niño weather phenomenon takes hold.
As many as 100 million Chinese consumers are struggling to service their personal debt, fueling a largely hidden crisis that threatens Beijing’s efforts to revive the world’s second-largest economy.
Apple plans to raise prices on its products to offset increasing memory and storage chip costs, CEO Tim Cook told the Wall Street Journal in an interview.
Wall Street groups are warning US regulators that their plans to implement "Basel Endgame" global bank capital requirements will affect liquidity in Treasury markets, urging them to rework proposals to manage risk, the Financial Times reported on Thursday.
reut.rs
Italy's second-largest bank UniCredit has sounded out the Del Vecchio family holding company, Delfin, to more than double its stake in insurer Generali to just under 20%, daily Il Sole 24 Ore reported on Thursday.
Switzerland's lower house of parliament has rejected an agreement with the South American trade bloc Mercosur amid opposition from both the right and left of the political spectrum.
