‘Bifs’ replace ‘Piigs’ as Europe’s bond market whipping boys
Britain, Italy and France have borne the brunt of a sovereign debt sell-off sparked by the Iran war
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The ‘deep fried’ stocks more expensive than Nvidia
Indonesian regulators investigating ‘broad range of potential market misconduct’
Wall Street banks break records as Iran war drives trading boom
JPMorgan Chase, Citigroup and Wells Fargo reported more than $25bn of profits for the first quarter
The US is at risk of an oil shock too
In a global market for crude, Asian buyers are vacuuming up supplies, raising prices for Europe and America
BlackRock profits jump as it draws in $130bn
Earnings for first quarter underline asset manager’s push into investment products that generate higher fees
CEOs are betting AI will augment work rather than displace all workers
Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that’s already done, improving its quantity and quality.