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Markets
Oil slips on US-Iran talks progress as pound falls on Starmer exit
Oil prices retreated on Monday after signs of progress in US-Iran negotiations eased fears of ongoing supply disruptions in the Strait of Hormuz, a critical global oil transit route. In the UK, market watchers turned their attention to the departure of the country's prime minister.
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.
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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.
Focus
UzNIF brings global investors into state-owned enterprises
In partnership with Center for the Production of Content for Mass Media under the Administration of the President of the Republic of Uzbekistan
The dual London and Tashkent listing attracted more than $2.8 billion (€2.46 billion) in demand and raised nearly $700 million. Attention is now turning to governance standards, company performance and whether the transaction can help deepen capital markets and support future public offerings.
Markets
AI giant Broadcom sheds $300bn as outlook misses sky-high expectations
The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but it disappointed investors by not raising its long-term sales target, sending shares tumbling more than 12% in after-hours trading.
