Abu Dhabi’s Axight has bought a stake in an Australian alternative asset manager from Brookfield, adding to a flurry of dealmaking by regional entities despite disruptions caused by the Gulf war. The private equity investment firm is taking a significant minority stake in La Trobe Financial , valuing the firm at about $2.1 billion. Brookfield will continue to be a majority shareholder following th...
Abu Dhabi’s Axight has bought a stake in an Australian alternative asset manager from Brookfield, adding to a flurry of dealmaking by regional entities despite disruptions caused by the Gulf war. The private equity investment firm is taking a significant minority stake in La Trobe Financial , valuing the firm at about $2.1 billion. Brookfield will continue to be a majority shareholder following the transaction that’s expected to close around the third quarter. Axight is the Asia-Pacific focused unit of Abu Dhabi’s $115 billion asset manager Lunate, and was set up last year with the goal of increasing its exposure to that region. The La Trobe deal gives it a slice of an alternatives firm with $16.3 billion of assets under management. Read More: Brookfield Unit’s Inflows Improve After Australia Ends Sales Ban The business added $2.1 billion in assets under management during the last 12 months, Shiv Gupta, head of Australia for Brookfield’s private equity group said in a statement. “With structural tailwinds – including an aging population, growing superannuation balances and an estimated $5.3 trillion in household financial assets – the opportunity ahead is significant,” he said. Lunate is one of Abu Dhabi’s newest investing giants. Set up less than three years ago, the firm has already emerged as a prolific deal maker, striking partnerships with Wall Street heavyweights and placing bets on the likes of OpenAI. Read More: Abu Dhabi’s $115 Billion Lunate Looks to Accelerate Dealmaking The latest deal further deepens ties between the oil-rich region and Brookfield, which is among the biggest foreign investors in the Middle East. Chief Executive Officer Bruce Flatt flew to Abu Dhabi last week to meet Crown Prince Sheikh Khaled bin Mohammed , who also oversees an investing behemoth . Brookfield has shown a continuing appetite for dealmaking in the Gulf and is among firms considering buying a stake in Kuwait Petroleum Corp.’s pipeline network. Regional investors, too, have...
Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days British banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its impact. Anthropic, which has so far limited the release of the new model to a small clutch of primarily ...
Release of new Claude model, so far limited to US firms, will expand to British institutions in coming days British banks will be given access in the next week to a powerful AI tool that was deemed too dangerous to be released to the public, as a series of senior finance figures warned over its impact. Anthropic, which has so far limited the release of the new model to a small clutch of primarily US businesses, including Amazon, Apple and Microsoft, said it would expand that to UK financial institutions in the coming days. Continue reading...
Neil Lennon reckons John McGlynn should be "in the conversation" to become the next Celtic manager as the Dunfermline Athletic boss aims to get the better of his Falkirk counterpart in Saturday's Scottish Cup semi-final.
Neil Lennon reckons John McGlynn should be "in the conversation" to become the next Celtic manager as the Dunfermline Athletic boss aims to get the better of his Falkirk counterpart in Saturday's Scottish Cup semi-final.
PC, Xbox; Sad Cat Studios This pulpy sci-fi thriller is a beautiful, if deferential, homage to the genre greats, with a poignant real-world echo For all of cyberpunk’s cautionary tales of shady corporations and transhumanist folly, it is the genre’s arresting imagery that looms largest in the pop culture imagination. Petroleum flares light up the perpetually rainy Los Angeles of Blade Runner; in t...
PC, Xbox; Sad Cat Studios This pulpy sci-fi thriller is a beautiful, if deferential, homage to the genre greats, with a poignant real-world echo For all of cyberpunk’s cautionary tales of shady corporations and transhumanist folly, it is the genre’s arresting imagery that looms largest in the pop culture imagination. Petroleum flares light up the perpetually rainy Los Angeles of Blade Runner; in the novel Neuromancer , the sky is the “colour of television, tuned to a dead channel”. Replaced, a new 2D action-platformer from Belarus-based outfit Sad Cat Studios, leans into the steel and sprawl that the genre is famed for. The game also offers a wrinkle to cyberpunk’s longstanding, somewhat overfamiliar visual palette: it floods the screen with softly diffusing sepia and warm primary colours, particularly in the densely populated residential areas you’re able to explore. The mood is comforting rather than ominous, cosy rather than clinical, as if this dystopian sci-fi has been touched by an unlikely hand – that of cottagecore godfather Thomas Kinkade. Replaced is out now; £16.99/$19.99 Continue reading...
(Hukwe Zawose Foundation) These stories of family bonds capture traditional music that’s equal parts rhythmic, melodic and harmonic, and rarely heard outside Indigenous communities Folk song collecting by women has an illustrious history, but also an exciting present, as this set of 10 energetic Tanzanian field recordings demonstrates. Put together by documentarian Ruth Ndeto and musician Msafiri ...
(Hukwe Zawose Foundation) These stories of family bonds capture traditional music that’s equal parts rhythmic, melodic and harmonic, and rarely heard outside Indigenous communities Folk song collecting by women has an illustrious history, but also an exciting present, as this set of 10 energetic Tanzanian field recordings demonstrates. Put together by documentarian Ruth Ndeto and musician Msafiri Zawose (brother of Pendo from the brilliant Zawose Queens, and son of the late folk pioneer Hukwe), Asili ya Mama (Origin of Mother) showcases the rhythmic, melodic and harmonic invention of Wagogo, Waluguru and Wasambaa women. Here are songs that have “carried culture and music in everyday life”, say the liner notes, while rarely being heard beyond their communities. Almost in counterpoint to the croak of passing birds, a brisk female singer kicks off the album opener, Baba Mwenda, a storytelling song warning against greed. Other women join her in unison, as do traditional shakers and tin drums, with a bubbling, playful defiance. Wedding song Chamsola comes next, driven by the resonant ring of a mheme drum and harmonies full of shimmering opacity, like a midnight-blue sea, then Chamwiloa, a fast-paced song about the formal union of families after marriage, which races towards its conclusion with percussive intensity. Continue reading...
As divorce rates continue to rise in Indonesia, more single mothers are bearing the brunt of financial hardship due to the challenges of collecting money for child support from their former spouses. For some women, they can get help from an initiative unique in the country – the East Java city of Surabaya bans men from accessing public services if they fail to pay court-ordered child support payme...
As divorce rates continue to rise in Indonesia, more single mothers are bearing the brunt of financial hardship due to the challenges of collecting money for child support from their former spouses. For some women, they can get help from an initiative unique in the country – the East Java city of Surabaya bans men from accessing public services if they fail to pay court-ordered child support payments. First introduced in 2023, the initiative has been used to block administrative access to over...
Germany's Anti-Immigration AfD Party Jumps To 27%, 4 Points Ahead Of CDU Via Remix News, In a new poll from YouGov, the Alternative for Germany (AfD0 party jumped to 27 percent, now four points ahead of the rival Christian Democrats (CDU), in a sign that the AfD continues to distance itself as the most popular party in Germany. AfD co-leader Alice Weidel was quick to publish the poll results on X,...
Germany's Anti-Immigration AfD Party Jumps To 27%, 4 Points Ahead Of CDU Via Remix News, In a new poll from YouGov, the Alternative for Germany (AfD0 party jumped to 27 percent, now four points ahead of the rival Christian Democrats (CDU), in a sign that the AfD continues to distance itself as the most popular party in Germany. AfD co-leader Alice Weidel was quick to publish the poll results on X, writing: “4 percentage points ahead of the Union, 4 out of 5 citizens dissatisfied with Merz: We no longer have time for undemocratic firewalls. The political turnaround must happen now.” 4 Prozentpunkte Abstand zur Union, 4 von 5 Bürgern unzufrieden mit Merz: Wir haben keine Zeit mehr für undemokratische Brandmauern. Die politische Wende muß jetzt erfolgen. pic.twitter.com/rWe3sm04RU — Alice Weidel (@Alice_Weidel) April 15, 2026 The governing parties that make up the federal government are seeing their fortunes quickly fall. The CDU/CSU fell by three percentage points to 23 percent, which was the lowest figure measured by YouGov since December 2021. The SPD figure is at 13 percent, which fell one point from 14 percent. Meanwhile, the Greens and the Left each gained one point, jumping to 14 percent and 10 percent respectively. According to the poll, more and more Germans are dissatisfied, totaling 79 percent, with the work of the federal government led by Friedrich Merz. In comparison, in June 2025, this value was only at 55 percent. Most threatening for Merz, CDU voters are increasingly turning on his government, with only 34 percent saying they are satisfied, falling from 48 percent in March. Other polls have shown AfD at the top, but with a narrower margin, averaging between 25 and 26 percent of the vote. Despite the AfD leading, the CDU has vowed to never form a coalition with the party. If the AfD’s values hold into the next national election, it may become increasingly difficult to form a coalition without the party’s support. Read more here... Tyler Durden Fri, 04/1...
President Donald Trump on Thursday nominated Erica Schwartz to lead the Centers for Disease Control and Prevention , ending a months-long search for a permanent director of the embattled health agency. Schwartz, who will have to be confirmed by the Senate, would take over the role as Health and Human Services Secretary Robert F. Kennedy Jr. oversees a string of controversial health policy changes ...
President Donald Trump on Thursday nominated Erica Schwartz to lead the Centers for Disease Control and Prevention , ending a months-long search for a permanent director of the embattled health agency. Schwartz, who will have to be confirmed by the Senate, would take over the role as Health and Human Services Secretary Robert F. Kennedy Jr. oversees a string of controversial health policy changes at the agency, including an overhaul of childhood vaccine recommendations. "It is my honour to nominate the incredibly talented Dr Erica Schwartz, MD, JD, MPH, as my Director of the CDC," Trump wrote on Truth Social. "She is a star!" Schwartz served as deputy surgeon general during the first Trump administration, where she played a major role in the U.S. response to the COVID-19 pandemic. She served over 20 years in uniform, including as a rear admiral and the Coast Guard’s chief medical officer. Jay Bhattacharya had been serving as acting CDC director, a role that expired last month under federal law, after the agency went months without a Senate-confirmed leader following the ouster of Susan Monarez. Leading vaccine makers: Pfizer ( PFE ), AstraZeneca ( AZN ), Merck ( MRK ), GSK ( GSK ), Sanofi ( SNY ) ( SNYNF ), Moderna ( MRNA ), BioNTech ( BNTX ), and Novavax ( NVAX ) More on GSK, Sanofi, etc. Moderna: The Case For Staying On The Sidelines Moderna: Speculative Buy For Aggressive Investors Betting On mRNA's Future GSK: Chinese Expansion And Fine Financials White House reportedly eyeing former deputy surgeon general to lead CDC GSK bets big on cancer comeback with aggressive trial push