Economic news
Wars trigger $12bn venture capital rush into defence tech
Plus, Thoma Bravo’s PE wipeout, dollar bullishness post Fed decision and Alexander Calder in Paris
What would a stablecoin run look like?
Fire sales of assets held in reserve could trigger problems in many other financial markets
Bain tests software takeover targets by vibecoding AI replicas
Private equity groups swiftly recreate software products to gauge their competitive advantages
Iran hails ‘major progress’ to end Lebanon war
Tehran and Washington locked in talks in Switzerland over deal to settle four-month conflict
Why sinodollars outweigh the petroyuan
China’s currency is becoming a more important part of the global financial system but the dollar is still in control