English

Quirino Mealha

Economy

A decade after Brexit, Britain weighs costs and gains

Ten years to the day since Britain voted to leave the EU, the economic reckoning is neither the collapse its opponents feared nor the renaissance its champions promised, and the anniversary arrives with the country once again leaderless, after Sir Keir Starmer's resignation on Monday.

Markets

SpaceX sheds $600 billion in three days and turns to the bond market

SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm's market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.

Business

Germany to take 40% stake in Leopard tank maker KNDS alongside France

Berlin is preparing to buy a 40% stake in KNDS, the Franco-German group behind the Leopard and Leclerc battle tanks, putting it alongside France as a state shareholder in one of Europe's most important defence firms.

Business

The Ray-Ban heir who wants to buy out his own family from the brand

An heir to the Ray-Ban fortune has gone public with a direct appeal to his family's holding company, urging it to support his multi-billion-euro plan to buy out two of his siblings just days before a decisive shareholder vote.

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Economy

The European countries attracting millionaires — and those losing them

Wealthy people are increasingly choosing to live in Italy, Greece and Switzerland, while the UK, Germany and France are finding it harder to retain them, according to a new report.

Markets

SpaceX lands investment-grade ratings as shares tumble

SpaceX has been awarded investment-grade credit ratings by all three major agencies just days after its record stock market debut, even as its newly listed shares slid sharply on Thursday.

Economy

Bank of England holds interest rate at 3.75% as inflation steadies

The Bank of England left its key interest rate unchanged at 3.75% for a fourth consecutive meeting after fresh data showed inflation holding steady and the labour market continuing to cool without a sharp deterioration.

Markets

Oil sinks further as US and Iran strike deal to end war

Crude prices fell further on Thursday after the US and Iran formally signed a memorandum of understanding aimed at ending the war and reopening the Strait of Hormuz, while equity markets gave a mixed verdict in the wake of the Federal Reserve's latest decision.

Business

What happens when a company has no bosses? A Danish firm found out

At a Danish company that runs the country's biggest network of electric-car chargers, the CEO made himself obsolete, and more than 500 employees now share responsibility for running the business.

Economy

Warsh takes the helm: What to watch as the Fed weighs rate decision

The Federal Reserve opens a new chapter on Wednesday as Kevin Warsh chairs his first policy meeting. While interest rates are widely expected to remain unchanged, investors will be hunting for the first clues to how the US central bank's new leader intends to steer it.

Markets

SpaceX overtakes Amazon to become world's fifth most valuable firm

Just three trading days after its record IPO, SpaceX has leapfrogged Amazon to become the world's fifth most valuable listed company, with its shares briefly carrying it past Microsoft during a frenetic Tuesday session.

Business

SpaceX buys coding startup Cursor for $60bn in major AI push

SpaceX has agreed to acquire Anysphere, the company behind the popular AI coding tool Cursor, in an all-stock deal valuing the startup at $60 billion (€51.7bn), just days after Elon Musk's firm had a record-breaking IPO.

Markets

Investors look beyond the 'Magnificent 7' and embrace the 'FAB 10'

SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.

Business

Nvidia raises €21.5bn in first bond sale since 2021 on AI demand

Nvidia has returned to the corporate debt market for the first time in five years, pricing a $25 billion (€21.5bn) bond sale that drew roughly $85 billion (€73.2bn) in orders, a sign of investors' strong appetite for exposure to AI.

Business

US states subpoena OpenAI over ChatGPT safety amid IPO push

A coalition of US state chief legal officers issued OpenAI a sweeping subpoena over the safety of people using ChatGPT, landing just as the company moves towards its initial public offering.

Markets

Oil drops to $80 a barrel and markets rise as Trump touts Iran deal

Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the framework for a peace deal with Iran and the reopening of the Strait of Hormuz.

Markets

SpaceX starts trading after the largest public offering in history

Elon Musk's SpaceX began trading on the Nasdaq this Friday under the ticker SPCX, following a record $75bn (€65bn) capital raise that valued the AI and space firm at about $1.78 trillion (€1.54trn).

Economy

UK economy shrinks in April as the Iran war energy shock takes a toll

Britain's economy contracted by 0.1% in April, the first monthly fall since August 2025, as the conflict in the Middle East pushed up energy costs and prompted households to rein in their spending.

Markets

SpaceX's stock market debut: Five risks investors need to know

SpaceX makes its Nasdaq debut this Friday in the largest flotation in history, but analysts warn that a sky-high valuation, weak shareholder rights and mounting losses could leave retail investors exposed.

Economy

ECB raises interest rates for the first time in three years

The European Central Bank has lifted its deposit facility rate by 0.25% to 2.25%, marking a decisive pivot back to tightening as the Iran war pushes eurozone inflation to its highest level in nearly three years.

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