UK regulator plans to dilute capital rules for investment banks’ trading activities
PRA says softening Basel regulations will keep Britain aligned with US and EU
Economic news
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Hormuz relief may not ease the economic toll that’s already ‘baked in,’ analysts warn
Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
The tech giant mining Wall Street for AI cash
Former Goldman Sachs executive Dina Powell McCormick is helping Meta find ways to finance its AI ambitions
German electricity grid equipment maker SGB-SMIT in early IPO talks
Company’s valuation could top €4bn as investors focus on AI and data centre boom