Hedge fund Saba settles with BlackRock funds after activist battle
Boaz Weinstein’s Saba Capital has agreed to halt its activist battle against 50 BlackRock funds in exchange for a tender offer at two of them, as the hedge fund wages a broader war against the ...
Banks find new weapon in private markets fight: the org chart
The reaction of some of the displaced big banks: rearrange the org chart. Goldman Sachs is one. On Tuesday it promoted a group of hotshots to important roles in its investment banking and trading ...
The Lonely Londoners review — vivid portrait of young Trinidadians adrift in a cold ‘mother country’
Roy Williams’ fluid adaptation brings Sam Selvon’s 1956 novel about the Windrush generation to London’s Kiln Theatre ...
Bank of Japan expected to raise rates on Friday with inflation and wages ‘on path’
The Bank of Japan is likely to raise rates at its January 24 meeting following recent supportive comments from BoJ governor Kazuo Ueda and deputy Ryozo Himino.
‘Will President Trump even notice Europe?’ asks Volodymyr Zelenskyy
Zelenskyy barely addressed Trump’s professed desire to bring a swift end to the war — although the US president and his advisers have recently said it could take six months to reach a deal, rather ...
Israeli military chief’s resignation triggers tussle over IDF leadership
Yaron Finkelman, the major-general in charge of the IDF’s southern command, also announced his retirement on Tuesday, joining the head of military intelligence and the commander of the Gaza Division ...
Dovish risks growing for the ECB
With risks to the ECB’s outlook increasing from domestic issues such as budget disputes in France and Germany and threats to trade from potential tariffs, the ECB’s dovish contingent is likely to ...
UK to launch digital driving licences to boost growth
New app will also include documents showing criminal record checks and proof of eligibility for state benefits ...
Trump’s first day: tariff threats and a flurry of executive orders
Good morning and welcome to what is now Donald Trump’s Washington. Let’s kick off the first full day of his administration with a look at: Trump’s first moves . The billiona ...
At Trump’s inauguration, Melania’s hat stole the show
Melania’s hat. The 47th (and 45th) first lady of the United States might have launched a meme coin cryptocurrency ahead of ...
Hot property: five homes in Brighton and Hove
Sea air, quirky shops and an arty vibe: our selection includes a five-bedroom Regency-style town house and a beachfront house once owned by British playwright Terence Rattigan ...
People are getting Trump and inflation wrong
The step missing is Federal Reserve policy. The key reason we should expect Democrat households to be wrong about their inflation expectations is that the Fed will not let another bout of rapid price ...