UBS Wealth Management's France CIO Claudia Panseri discusses investing in artificial intelligence, saying exposure is focused on the US and China and "more selective" than two years ago. "We also prefer companies which are still investing using cash rather than companies issuing bonds," Panseri says on Bloomberg Television. (Source: Bloomberg)
UBS Wealth Management's France CIO Claudia Panseri discusses investing in artificial intelligence, saying exposure is focused on the US and China and "more selective" than two years ago. "We also prefer companies which are still investing using cash rather than companies issuing bonds," Panseri says on Bloomberg Television. (Source: Bloomberg)
Daniel Grizelj Stock futures inched up Thursday premarket while Treasuries slid amid prospects for a U.S.-Iran peace deal, as mediators worked to extend the temporary ceasefire and reopen the Strait of Hormuz. Here are some of Thursday's biggest stock movers: Biggest stock gainers Hims & Hers ( HIMS ) +11% - Shares extending prior gains, after Robert F. Kennedy Jr. said the U.S. Food and Drug Admi...
Daniel Grizelj Stock futures inched up Thursday premarket while Treasuries slid amid prospects for a U.S.-Iran peace deal, as mediators worked to extend the temporary ceasefire and reopen the Strait of Hormuz. Here are some of Thursday's biggest stock movers: Biggest stock gainers Hims & Hers ( HIMS ) +11% - Shares extending prior gains, after Robert F. Kennedy Jr. said the U.S. Food and Drug Administration is considering removing 12 peptides from Category 2 restrictions, a potential regulatory tailwind. Seven peptides will be reviewed in July, with additional discussions planned before February 2027. Voya Financial ( VOYA ) +8% - Shares surged after the company partnered with TELUS Health to integrate employee assistance program (EAP) services into its group term life insurance offerings, expanding its workplace benefits suite. The collaboration adds digital tools and professional support across mental health, financial wellness, and work-life services, strengthening Voya’s value proposition to employers. Quantum computing ( QUBT ) +6% - Shares across the quantum computing space moved higher after NVIDIA (NVDA) unveiled a new suite of open-source AI models aimed at accelerating quantum development, marking what it called the first such family for the sector. The announcement boosted sentiment around long-term growth prospects, with Nvidia projecting the quantum computing market could exceed $11B by 2030, lifting names like IonQ ( IONQ ), Rigetti Computing ( RGTI ), and D-Wave Quantum ( QBTS ) between 5% and 7%. Biggest stock losers Gevo ( GEVO ) -9% - Shares plunged after withdrawing its loan guarantee application with the U.S. Department of Energy for its ATJ-30 sustainable aviation fuel project, citing misalignment with required project criteria and limited commercial viability of certain objectives. The company now plans to pursue alternative financing, though the shift raises uncertainty around funding timelines and execution. More on related stocks: IonQ: Q-Da...
For decades, Wildings was the poshest shop in town. But since it closed down in 2019, the storied building has fallen into disrepair and been commandeered as a drug den and a skate park. What happened? I’m standing outside a lift in a department store in Newport, Wales, looking at the sign, wondering where to go. Stay on the ground floor for shoes, giftware and presents, ladies’ accessories and Es...
For decades, Wildings was the poshest shop in town. But since it closed down in 2019, the storied building has fallen into disrepair and been commandeered as a drug den and a skate park. What happened? I’m standing outside a lift in a department store in Newport, Wales, looking at the sign, wondering where to go. Stay on the ground floor for shoes, giftware and presents, ladies’ accessories and Estée Lauder? Or up to the first floor for furniture and ladies’ fashions – Annabelle, Tigi-Wear, Autonomy? It’s the second floor for cookshop and homeware. Lingerie is on three, plus Alfred’s coffee shop and tea room. Maybe I’ll go straight there for a cappuccino and a ponder … But nothing happens when I press the button. The panel is hanging from the wall by its wires and doesn’t look safe. I’d be nervous about stepping into this lift. Plus, it’s dark. I’m using the torch on my phone to read the sign. There’s no giftware on this floor, no presents, no cosmetics counter. Once, this floor would have smelled of perfume; now, it’s musty, cold and empty. Because, on 19 January 2019, after 144 years of trading, this department store, Wildings, closed its doors for ever. Continue reading...
(Play It Again Sam) Unsettling breathing, arrhythmic clatter, gloomy piano and military snares underpin a Beefheartian portrayal of a boorish warmonger on the band’s ominous return Even by the standards of a band noted for their unhurried approach, Massive Attack’s recorded output has dwindled to a trickle in recent years. They’ve seldom been out of the press, but less as a result of their music t...
(Play It Again Sam) Unsettling breathing, arrhythmic clatter, gloomy piano and military snares underpin a Beefheartian portrayal of a boorish warmonger on the band’s ominous return Even by the standards of a band noted for their unhurried approach, Massive Attack’s recorded output has dwindled to a trickle in recent years. They’ve seldom been out of the press, but less as a result of their music than their political campaigning: frontman Robert Del Naja was among the 500 people arrested at last Saturday’s Palestine Action protest. It is six years since they last released any new music – a trio of YouTube videos on which their music effectively acted as a soundbed for spoken-word pieces about global system change – and a decade since they released something you could actually buy, a single called The Spoils. Their most recent album, Heligoland, came out in 2010: Taylor Swift was still a country star, Harry Styles was still at school, Instagram and TikTok had yet to be launched. It means that any new release automatically carries a sense of event, particularly if you’re old enough to remember how significantly Massive Attack altered the musical landscape of the 90s. You could formulate an argument that their debut album, Blue Lines, was the single most influential British album of its era: it spawned an entire subgenre, trip-hop, in its wake; 35 years on, you can still hear its echoes everywhere, from the mainstream pop of Billie Eilish and Lana Del Rey to the nu-soul of Joy Crookes and Greentea Peng to the endless swathes of anonymous “lo-fi beats” that get millions of streams on Spotify. Continue reading...
The former UConn star’s draft night should have been about her talent. Instead, speculation shows how the league is still being viewed through the wrong lens Sign up for our WNBA 30 newsletter For the first time in a while, there was no consensus on who would go No 1 overall in the WNBA draft this year. When the Dallas Wings did make their pick, they chose Azzi Fudd , who had distinguished herself...
The former UConn star’s draft night should have been about her talent. Instead, speculation shows how the league is still being viewed through the wrong lens Sign up for our WNBA 30 newsletter For the first time in a while, there was no consensus on who would go No 1 overall in the WNBA draft this year. When the Dallas Wings did make their pick, they chose Azzi Fudd , who had distinguished herself under Geno Auriemma at UConn, including a national championship in 2025. The moment she was picked was pure: a delighted and seemingly nervous Fudd joined WNBA commissioner Cathy Engelbert onstage. She took photos with her jersey, made it through the ESPN interview that immediately followed, and beamed at her family and teammates in the audience. Paige Bueckers, who played alongside the 23-year-old at UConn and was the No 1 pick for the Wings in 2025, was there also to celebrate a well-deserved honor for Fudd. Continue reading...
The stars of David Lowery’s psychodrama on the secrets behind creating music for a fictional pop diva As David Lowery, the director, was writing the fictional pop star Mother Mary for his new film of the same name, he spent a lot of time studying the last 25 years in music. He listened to Taylor Swift (whose Reputation concert film inspired the performances in the film), Lorde and FKA twigs , who ...
The stars of David Lowery’s psychodrama on the secrets behind creating music for a fictional pop diva As David Lowery, the director, was writing the fictional pop star Mother Mary for his new film of the same name, he spent a lot of time studying the last 25 years in music. He listened to Taylor Swift (whose Reputation concert film inspired the performances in the film), Lorde and FKA twigs , who appears on screen as a medium named Imogene. But as the film’s haunted love story between Mary (played by Anne Hathaway ) and her former best friend and designer Sam Anselm ( Michaela Coel ) emerged, his listening habits shifted. “The pop music fell away and other music started to enter that sphere,” he says in A24’s New York offices. He’s sitting beside twigs and Hathaway the day after the trio attended the film’s premiere in the city. “ James Blake and Aldous Harding really captured the emotion that I was trying to type out between Sam and Mother Mary. They began to help me channel the feeling of the movie itself.” Continue reading...
Transporting little ones by bike is fun, practical and good for the planet – here’s how to get started • The best bike panniers and handlebar bags In the least weird way possible, strapping children to bicycles is a longstanding tradition in my family. My grandparents used to haul their three kids around in a rickety wooden trailer hitched to the back of their tandem (see picture below), and some ...
Transporting little ones by bike is fun, practical and good for the planet – here’s how to get started • The best bike panniers and handlebar bags In the least weird way possible, strapping children to bicycles is a longstanding tradition in my family. My grandparents used to haul their three kids around in a rickety wooden trailer hitched to the back of their tandem (see picture below), and some of my earliest memories involve being wedged into a bright red child seat with a gargantuan foam mushroom of a helmet obstructing my upper peripheral vision. Now that my son is old enough, it’s our turn to pick up the baton. Turns out, there are a lot of ways to strap a kid to a bike, and I’ve spent the past six months researching all the options to figure out what’s best. I’ve also spent lots of time using trailers and rear-mounted seats, as they were most appropriate for my son’s age and my bike setup. Continue reading...
Lawsuit in Norway alleges Telenor passed on data helping Myanmar military arrest 1,200 activists, some in safe houses When even two weeks of torture could not force Aung Thu to betray his fellow anti-coup activists, his military interrogators in Myanmar tried something different: they asked a Norwegian telecoms company, Telenor, then the largest one operating in the country, for its data on him. T...
Lawsuit in Norway alleges Telenor passed on data helping Myanmar military arrest 1,200 activists, some in safe houses When even two weeks of torture could not force Aung Thu to betray his fellow anti-coup activists, his military interrogators in Myanmar tried something different: they asked a Norwegian telecoms company, Telenor, then the largest one operating in the country, for its data on him. The company – whose majority shareholder is the Norwegian government – had first entered Myanmar in 2013 as it was transitioning to democracy, promising to connect users who had been isolated from the world. Continue reading...
Jeremy Poland/E+ via Getty Images Overview Talos Energy ( TALO ) is an independent exploration and production company focused on offshore oil and natural gas assets in the Gulf of the United States and offshore Mexico. It specializes in acquiring, developing, and optimizing high-quality upstream assets with the objective of maximizing long-term shareholder value via disciplined capital allocation ...
Jeremy Poland/E+ via Getty Images Overview Talos Energy ( TALO ) is an independent exploration and production company focused on offshore oil and natural gas assets in the Gulf of the United States and offshore Mexico. It specializes in acquiring, developing, and optimizing high-quality upstream assets with the objective of maximizing long-term shareholder value via disciplined capital allocation and operational excellence. Both of these are important as they are important in allowing Talos Energy to recover maximum crude oil and natural gas from the existing assets. Talos Energy operates in the United States Gulf of America and Offshore Mexico and is one of the largest players and acreage holders in the gulf basin. Key producing assets of Talos include Katmai Fields, Pompano & Cardona Fields, Ram Powell & Venice/Lime Rock and Galapagos & Brutus Fields. Ownership of these assets provide stability in production, infrastructure access, and development opportunities. In Mexico, Talos has maintained a strategic presence through its involvement in the Zama discovery, which is one of the most significant offshore finds in the recent decade. This presents a significant opportunity as a value catalyst. Some of the key metrics worth noting are given below for Talos Energy that provides a glimpse of the scale of Talos Energy. Talos Energy Key Metrics (Talos Energy Disclosures) Talos Energy differentiates itself through technical expertise, operational efficiency, and disciplined financial management, and the company’s target is to deliver both short-term and long-term growth. Some of the core competencies of Talos include the technical expertise pertaining to offshore operations, cost leadership, a high-quality asset base, strong cash flow potential, and a balanced growth strategy. So, Talos Energy presents an investment opportunity for investors who are looking to park money in the energy and oil & gas space. While Talos is actively looking at opportunities of growth through...
NBA fans, you’re about to see a whole lot more of Kenny Beecham. The founder of basketball media brand Enjoy Basketball first broke through in 2011 streaming NBA 2k games on Twitch. Since then, he has built a YouTube channel with over 700,000 followers, hosted altcasts on NBA TV and ESPN and interviewed Adam Silver. In October 2025, Kenny and Enjoy signed their biggest deal yet: a partnership with...
NBA fans, you’re about to see a whole lot more of Kenny Beecham. The founder of basketball media brand Enjoy Basketball first broke through in 2011 streaming NBA 2k games on Twitch. Since then, he has built a YouTube channel with over 700,000 followers, hosted altcasts on NBA TV and ESPN and interviewed Adam Silver. In October 2025, Kenny and Enjoy signed their biggest deal yet: a partnership with NBC Sports to produce original NBA programming, the network’s first partnership with a creator-led media company. In this episode of The Deal, Kenny tells Jason and Alex why his appeal is based on the fact that he is “just a guy from Chicago.” He also shares how a cold email and getting stranded in a blizzard helped him close the deal with NBC. Kenny also explains how the YouTube “Adpocalypse” helped him build a basketball media juggernaut, and why a show about NBA wives and girlfriends is such a hit. (Source: Bloomberg)
Africa was China’s fastest growing export market in the first quarter of 2026, up 32.1 per cent year on year to US$60.66 billion, according to customs data, reflecting a continuing shift away from American trade. The growth outpaced other regions of the world, driven by high-value shipments such as machinery and vehicles as well as hi-tech equipment, including solar and battery technology. It cont...
Africa was China’s fastest growing export market in the first quarter of 2026, up 32.1 per cent year on year to US$60.66 billion, according to customs data, reflecting a continuing shift away from American trade. The growth outpaced other regions of the world, driven by high-value shipments such as machinery and vehicles as well as hi-tech equipment, including solar and battery technology. It continued a trend of Chinese manufacturers turning to the continent to offload excess capacity,...
The White House says it wants to choke off Iran's oil export revenue. But experts say that blockades are often unpredictable and difficult to enforce. (Image credit: Handout)
The White House says it wants to choke off Iran's oil export revenue. But experts say that blockades are often unpredictable and difficult to enforce. (Image credit: Handout)
None of the 13 focus group participants — who all voted for President Trump in 2024 — said they would describe the military action in Iran as going well so far. (Image credit: Julia Demaree Nikhinson)
None of the 13 focus group participants — who all voted for President Trump in 2024 — said they would describe the military action in Iran as going well so far. (Image credit: Julia Demaree Nikhinson)
Olemedia/E+ via Getty Images By Benjamin Schroeder , Senior Rates Strategist Recovering risk sentiment opens door to busy primary market Market risk sentiment is looking more optimistic at the latest developments around the Strait of Hormuz. While oil prices remain elevated, they are holding at least below the US$100/bbl mark this week. US equities have continued to rise and hit new all-time highs...
Olemedia/E+ via Getty Images By Benjamin Schroeder , Senior Rates Strategist Recovering risk sentiment opens door to busy primary market Market risk sentiment is looking more optimistic at the latest developments around the Strait of Hormuz. While oil prices remain elevated, they are holding at least below the US$100/bbl mark this week. US equities have continued to rise and hit new all-time highs while credit spreads tightened. Central bank pricing is also looking less hawkish compared to the start of the week. The ECB, for instance, provided more hints that a hike in April is unlikely, though not off the table – some 6bp is what the market is now pricing for the meeting. However, over the past session, we have seen long-end rates rise more, resulting in a bit of bear steepening this time around. Perhaps one should not read too much into it. After all, 10y UST yields had just touched the 4.24% mark again, a level last seen almost a month ago, which itself might argue for a little rebound. And a rise in yields also gels with risk assets performing better. Relatively speaking, Bund yields do look more elevated at 3%, but given a busier primary market and little other domestic impetus following the general direction, higher looked like the path of least resistance. But the clearest sign that sentiment has also been improving in bond markets was primary markets. On the EUR side, there has also been a flurry of syndicated deals this week, kicked off by a (scheduled) dual-tranche syndication from the EU on Tuesday, and France followed suit with a new green bond of its own. Yesterday, Italy sold a new 10y benchmark alongside a new 20y linker, and in the broader SSA space, Germany's NRW Bank and Land Berlin were in the market, while Canada’s Quebec then mandated a 15y €-bond. Thursday’s events and market view Following UK GDP and industrial production data in the morning, the main data points to watch will come from the US. The weekly jobless claims release will be watched...
Bolivia is low on cash after making more than $500 million in debt payments last month, increasing the urgency of reaching a deal with the International Monetary Fund. The Andean nation still has about $2.3 billion in debt obligations due this year, according to data compiled by EMFI Securities. And a collapse in natural gas revenues is starving the government of dollars. “An IMF program ensures y...
Bolivia is low on cash after making more than $500 million in debt payments last month, increasing the urgency of reaching a deal with the International Monetary Fund. The Andean nation still has about $2.3 billion in debt obligations due this year, according to data compiled by EMFI Securities. And a collapse in natural gas revenues is starving the government of dollars. “An IMF program ensures you will clean up your economy and be able to repay the borrowed money,” said René Martínez, an analyst for local think tank Fundacion Jubileo. “We see no alternative.” A delegation led by Finance Minister Jose Gabriel Espinoza is attending the IMF’s Spring Meetings in Washington this week as Bolivia negotiates a so-called Extended Fund Facility that could allow the government to borrow as much as $3.3 billion while pursuing structural reforms. At home, Espinoza has sought to play down the urgency of an IMF deal, instead emphasizing an economic reform agenda aimed at cutting the fiscal deficit by eliminating fuel subsidies, curbing public spending and opening the country to foreign investment. “We have always been very clear: we are putting our house in order,” Espinoza said in an interview last week when asked about talks with the Fund. “We will continue with our agenda and economic plan, focused on restoring order to the economy.” In Washington, however, Espinoza told investors this week that an IMF deal will be easier to sell domestically because the government has already taken the politically difficult steps the Fund typically requires, according to people with direct knowledge of the meeting, who asked not to be identified because it was private. Those steps include liberalizing the currency and eliminating fuel subsidies — measures the government implemented more quickly than the IMF would require, Espinoza said. Read more: Bolivia Seeks as Much as $3.3 Billion in IMF Financing S&P Global Ratings upgraded Bolivia for the first time since 2014, to CCC+, while Moody’s R...
The Trump administration’s decision to drop a long-running US criminal case against a Turkish state-owned bank for allegedly violating US sanctions on Iran is being questioned by Democratic lawmakers. A group of US senators led by Adam Schiff of California said they’re demanding Acting Attorney General Todd Blanche explain the March agreement Turkiye Halk Bankasi AS reached with the Justice Depart...
The Trump administration’s decision to drop a long-running US criminal case against a Turkish state-owned bank for allegedly violating US sanctions on Iran is being questioned by Democratic lawmakers. A group of US senators led by Adam Schiff of California said they’re demanding Acting Attorney General Todd Blanche explain the March agreement Turkiye Halk Bankasi AS reached with the Justice Department. The deal, which is being reviewed by a judge , allows the Turkish state-owned bank to avoid criminal charges and financial penalties. The senators sent a letter to Blanche on Wednesday asking whether prosecutors were pressured by President Donald Trump or administration officials to drop the case and why Halkbank is paying no penalty or admitting wrongdoing. The bank was charged with money laundering, fraud and conspiracy in an alleged $20 billion scheme to illegally transfer Iranian oil and gas proceeds through the US financial system. It’s former head of international banking was convicted at a trial in 2018. “The timing of this agreement, coinciding with President Trump’s initiation of a war against Iran that he justified in part by citing Iran’s history of terrorist attacks against US citizens, makes the Department’s decision even more incomprehensible,” the senators wrote. The 2019 case against Halkbank has long been a sore point between the US and Turkey. Turkish President Recep Tayyip Erdogan raised the issue with Trump in a White House meeting last September and later said Turkey was expecting the matter to be resolved. In September, the US Supreme Court refused to consider Halkbank’s contention that it is protected from prosecution by sovereign immunity. “The sanctions evasion scheme, involving billions of dollars, was a critical financial lifeline for the Iranian regime during the same years it carried out wide-scale global terrorist activities, which included the kidnapping, torture, and murder of Americans,” the senators wrote. They said the deal with Halk...
Claire Lomas, a British paraplegic known for overcoming medical trauma to participate in the London Marathon, was being filmed for an Apple Inc. immersive Vision Pro video when she crashed an aircraft in the Jordan desert two years ago. Apple, looking to bring more unique content to its nascent headset, was filming her with a production partner for its immersive video series called Adventure , acc...
Claire Lomas, a British paraplegic known for overcoming medical trauma to participate in the London Marathon, was being filmed for an Apple Inc. immersive Vision Pro video when she crashed an aircraft in the Jordan desert two years ago. Apple, looking to bring more unique content to its nascent headset, was filming her with a production partner for its immersive video series called Adventure , according to people with knowledge of the matter. Lomas was being actively recorded when the crash occurred, and a camera system was mounted on the plane itself, said the people, who asked not to be identified discussing a sensitive matter. The reason Lomas was flying a plane in the Jordan desert hasn’t previously been reported. She was piloting a small microlight aircraft that adventurers use to take in scenic views. Lomas was licensed in the UK since 2022 and had previously flown such planes. Lomas, 44, died from wounds caused by the impact within weeks of the July 2024 crash, investigators later said in a preliminary ruling. The tragedy was headline news in the UK, where Lomas was well known for charity fundraising and motivational speeches. The incident occurred during landing, with the plane veering off a road and crashing into a rock. A coroner in the UK had planned to hold a hearing at the end of this month to officially determine the cause of death, but the proceedings have been delayed until later in 2026. Such investigations can take years to reach a conclusion, and this case has dragged on due to its complexity. The latest delay stemmed from a legal representative for one of the involved parties not being available on medical grounds. The filming was done in coordination with London-based Atlantic Studios, which produced the entire Adventure series, the people said. Apple, which spent millions of dollars per episode, financed the production as the distributor. Read More: Apple’s Vision Pro Is Suffering From a Lack of Immersive Video A spokesperson for Cupertino, Cal...
UK Voters Call For Lower Taxes & Energy Bills As Economic Concerns Grow Via CityAM , According to a new poll, most British voters want lower energy costs and tax cuts to support growth. A large majority rated the UK economy as poor and showed little faith in current progress. Business leaders are also increasingly pessimistic, citing geopolitics and rising costs. British voters want Rachel Reeves ...
UK Voters Call For Lower Taxes & Energy Bills As Economic Concerns Grow Via CityAM , According to a new poll, most British voters want lower energy costs and tax cuts to support growth. A large majority rated the UK economy as poor and showed little faith in current progress. Business leaders are also increasingly pessimistic, citing geopolitics and rising costs. British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth, as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free marke t think tank, suggested that the vast majority of Brits wanted the Labour government to focus on economic growth more than it currently does. The findings back up the Labour government’s primary mission, which is to grow the UK economy . But respondents in a survey and focus groups suggested that voters supported small-state policies to deliver improved growth, as much of the public was confused about the measurements used by the government to track achievements. Polling found that 77 percent believed energy costs should be reduced, while 72 percent backed lower taxes for workers. A slightly lower portion, 66 per cent, backed tax cuts for businesses . When faced with a direct choice, Britons backed economic growth even if it led to some environmental damage, while most also wanted energy to be cheaper, even if it meant slower progress to net zero. Taxes and energy costs top Brits’ priorities Respondents to the survey of 3,000 voters were also more likely to say that GDP growth benefited the government more than individuals. In a damning indictment, nearly two-thirds of people (65 per cent) rated the UK economy as “poor” but overestimated the average wealth of Brits compared to Germans, Australians, and Americans. Kristian Niemietz, editorial director of the IEA, said the lack of progress made in the last 18 years “should be the number one publ...