Carlyle and Bain Capital battle to buy wealth manager in potential $7bn deal
Private equity groups have been hunting independent wealth management groups for their recurring earnings
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Deadly storm in Chile disrupts copper mines and raises AI supply concerns
Metals boom is reliant on high-altitude, declining mines that are exposed to increasing weather volatility
Investors use crypto exchanges to avoid Chinese controls on AI stocks
Perpetual futures let investors circumvent restrictions on foreign access to China’s equity market
Saudi Arabia strikes Houthis after Iran-backed rebels target energy sites
Tit-for-tat attacks risk expanding the regional war in the Middle East
Saudi Arabia strikes Houthis after Iran-backed rebels target tankers
Kingdom’s civil defence forces warn key energy sites at risk of retaliatory attacks