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A hidden time bomb? A ‘Big Short’ investor sees financial disaster brewing in housing markets

April 6, 2023 by admin

Dave Burt, CEO of investment research firm DeltaTerra Capital, believes an overlooked climate risk could see history repeating itself in the housing market.

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An emboldened NATO provides a bittersweet moment for war-torn Ukraine

April 5, 2023 by admin

As Finland’s flag was hoisted at NATO’s headquarters in Brussels, officially marking its entry to the military alliance, it was a bittersweet moment for Kyiv.

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Finland officially becomes a member of NATO, doubling the military alliance’s border with Russia

April 4, 2023 by admin

It’s a historic moment for Finland, which has followed a path of neutrality for decades.

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OPEC+ just made the Fed’s job more complicated. Here’s why they did it β€” and what could be next

April 3, 2023 by admin

Several OPEC+ members’ decision to further cut oil supplies adds to the global challenge of reining in firm inflation rates.

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Here’s what went wrong with Virgin Orbit

March 31, 2023 by admin

Virgin Orbit is on the brink of bankruptcy after last-ditch efforts to secure funding failed.

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It’s the U.S., not Europe’s banking system that’s a concern, top economists say

March 31, 2023 by admin

Europe learned its lessons after the financial crisis and is now in a strong position to weather further stress in its banking system, several economists and policymakers say.

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China’s chip industry will be ‘reborn’ under U.S. sanctions, Huawei says, confirming breakthrough

March 31, 2023 by admin

Huawei confirmed that it and other domestic firms jointly created chip design tools required to make semiconductors sized at 14 nanometers and above.

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‘It’s not a pretty picture’: Russia’s support is growing in the developing world

March 30, 2023 by admin

Russia’s sphere of influence is growing as propaganda and diplomatic efforts gather momentum, analysts suggest.

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‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation

March 29, 2023 by admin

New UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran takes on the task of restoring order to …

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Alibaba to split into 6 units and explore IPOs; shares pop 9%

March 28, 2023 by admin

Alibaba said Tuesday it will split its company into six business groups, each with the ability to raise outside funding and go public.

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