BUSINESS
DeepSeek’s ‘theoretical’ profit margins are just that
Companies that want to make money from AI have to do a much better job explaining why customers should pay for these services
WORLD
The UK can’t approach Trump like France and Germany have
Starmer has to do better than Macron and Merz when dealing with the US president
BUSINESS
UK market selloff deepens with Pound falling to lowest in year
The pound dropped to a more than one-year low, stocks fell and gilts extended a fourth day of losses on concern the Labour government will struggle to keep the deficit in check as borrowing costs surge
BUSINESS
How US Congress can pay for extending the tax cuts and jobs act
A potential solution exists that would keep US debt from spiraling out of control and should be acceptable to Republicans because they floated it not too long ago
WORLD
Ukraine War: Punishing Vladimir Putin is more important than ever
Whoever wins the White House, it’s critical to step up the pressure on the Russian economy
BUSINESS
An Israel-Iran war would be a deadly mess
What would a true regional war in the Middle East look like? How might it specifically unfold — in the air, at sea and on land? And would the US inevitably be drawn into the conflict?
WORLD
China’s silence on US TikTok ban speaks volumes
Washington seems more likely than ever to block the popular app. Beijing’s reserve exposes America’s weaknesses
TRENDS
Diddy’s sex trafficking charges suggest a crime hiding in plain sight
The indictment against music mogul Sean Combs should be a reminder that we often fail to recognize trafficking even when it’s right in front of us
POLITICS
US: Robert Menendez conviction is a rare win against public corruption
The Supreme Court has spent years chipping away at the laws that hold public officials in check
WORLD
Kamala Harris is Democrats’ future whether nominee or VP
It’s time the party do what the Biden administration should have done from the beginning and showcase the vice president’s value
WORLD
Donald Trump wasn’t going to prison anyway, neither was Hunter Biden
As first-time offenders convicted of non-violent crimes, it would be extremely unusual for either to serve time
BUSINESS
China’s AI strength suggests US curbs could backfire
Washington shouldn’t discount how imposing scarcity all too often breeds innovation
WORLD
The US can’t let China dominate the small-drone market
A new law and Pentagon procurement program should help tilt the playing field back to level for domestic manufacturers
BUSINESS
Boeing needs to act faster to find its next CEO
Boeing had been struggling with serious quality issues dating back to the two tragic crashes of the 737 Max, but the final straw came when workers failed to put the bolts on the fuselage panel of an Alaska Airlines aircraft. It can’t afford a drawn-out transition, certainly not until December. The company would benefit from a new CEO with experience turning around a troubled company
BUSINESS
How India’s butter chicken found its place in America
Several analyses of Google searches have shown Indian food to be among the Top 5 most sought-after cuisines across the US. When introduced in the US, butter chicken, with its bright bronze hue, creamy tomato-based texture, tender chicken chunks, and less spicy ingredients, felt more accessible to Americans. After all, it’s chicken in a cream sauce
BUSINESS
Rare Earths: Vietnam can take on China
Vietnam’s abundance of these ores is catching the attention of its government as well as foreign leaders. Although current output is a tiny percentage of global supply, the nation is sitting on around 17% of known reserves, second only to China. It’ll take time and money to develop the mining and metallurgical skills needed to turn all that raw dirt into cash, but the rewards are there for the taking
BUSINESS
Sony puts India’s advertisers in a tight spot
The Japanese media giant’s local unit has sent a termination letter to Zee Entertainment Enterprises Ltd. What probably sank the deal was the insistence by Punit Goenka, Zee’s chief executive officer, that he should lead the post-merger entity.
BUSINESS
Britain and Europe need to keep cooperating
Though reversing Brexit is off the table, progress between the two sides is being made — and there’s scope for much more
BUSINESS
Israel War: Hamas surprise attack shouldn't derail peace efforts
There is plenty of blame to go around. Netanyahu government’s attempts to transform the judiciary have needlessly riven Israeli society and distracted the military and security services. Its hardline policies in Jerusalem and occupied territories have fueled Palestinian anger and desperation, endangering Israelis far from the settlements
BUSINESS
Bond Vigilantes Risk Breaking the Markets
Until the Federal Reserve finally calls time on its 18-month rate-hiking cycle, the bond-market beatings will continue.
BUSINESS
SoftBank Has Either Reopened the IPO Market or Killed It
Owner SoftBank Group Corp. ended up pricing the British chip designer’s Nasdaq IPO at $51 per share. This is neatly at the top of the stated price range and followed 11th-hour reports that the deal could have been struck even higher.
BUSINESS
Joe Biden et al write: Climate change and poverty are our era’s existential battles
Poverty reduction and protection of the planet are converging objectives. We must prioritise just and inclusive transitions and leverage all sources of finance, including official development assistance, domestic resources and private investment. Collective climate finance goals must be met in 2023 including our total global ambition of $100 billion of voluntary contributions for countries most in need
BUSINESS
What you can learn from Warren Buffett’s mistakes
The correlation between “mistake” frequency in the shareholder letter and Berkshire’s subsequent one-year performance relative to the S&P 500 is effectively zero. Buffett has always been disdainful of short-term performance metrics, though, so I also looked into the link between mistake mentions and average outperformance over the subsequent five years.
BUSINESS
US-India relations aren’t playing out like a bollywood movie
This optimism is predicated on notions of a common political culture (both countries are democracies), some shared threat perceptions (China and jihadist terrorism) and mutual economic interest.
