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The interventionist approach of the US government in forcing Anthropic to pull cutting edge model should worry Europeans
I thought the grass would be greener in fintech land, but it’s patchy and dreary
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In this round-up, China says it will make the Hainan province a world-class “free trade port”, the May Caixin China general services purchasing managers index beat consensus by a large margin, and the central government will sell over Rmb100bn ($14bn) of treasury bonds next week.
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Programmes to cut the debts owed to official and private creditors would deliver much-needed financial assistance to emerging markets hit by the Covid-19 pandemic, according to a report by leading economists.
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Tradition, the interdealer broker, has made three hires to its data business, including two from outside the IDB world, as it seeks to push out the offering.
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The Bank of England is working to ensure UK financial markets can cope with further strains in the case of a second wave of the Covid-19 pandemic, or a severe economic downturn.
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Travelodge has opted to restructure its debts through a CVA rather than using the UK’s new restructuring framework, shortly to become law. That means landlords are likely to be the losers, rather than bondholders.
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UniCredit names new syndicate head — UniCredit names new syndicate head — Law firm hires for Libor — ING hires trader Telfer
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