CATEGORY: Latest Insights | News
BIS Head Warns of Looming Financial Stability Crisis from Highly Leveraged Hedge Fund Bets
The global financial system faces significant new stability challenges as massive public debt levels collide with the increasing reliance on highly leveraged non-bank financial...
Bill Ackman Aims to Raise $5bn for U.S.-Listed Closed-End Fund as Pershing Square Prepares...
Bill Ackman is plotting a major two-pronged move: raise $5 billion for a new U.S.-listed closed-end fund while taking his hedge-fund firm, Pershing Square...
US SEC Investigates Jefferies’ Exposure to Bankrupt First Brands Group Amid Complex Debt Defaults
The U.S. Securities and Exchange Commission (SEC) has launched a probe into Jefferies’ involvement with the bankrupt auto parts manufacturer First Brands Group, the...
Alibaba Pushes Into AI Wearables With New Quark Glasses, Challenging Meta’s Global Lead
Alibaba on Thursday introduced its new Quark artificial intelligence glasses in China, marking a fresh push by the company to carve out space in...
Uber Rolls Out Middle East’s First Fully Driverless Robotaxi Service in Abu Dhabi with...
Uber and Chinese autonomous vehicle company WeRide have officially launched fully driverless robotaxi services in Abu Dhabi, marking the first driverless deployment in the...