Cenk Uygur and Hasan Piker say UK has stopped them travelling to speak at SXSW London Two prominent US political commentators who were due to speak at events in the UK this week have said they have been banned from entering the country. Cenk Uygur, the host of the Young Turks online political talkshow, and Hasan Piker, who runs his own hours-long stream each day, said they had been stopped from ap...
Cenk Uygur and Hasan Piker say UK has stopped them travelling to speak at SXSW London Two prominent US political commentators who were due to speak at events in the UK this week have said they have been banned from entering the country. Cenk Uygur, the host of the Young Turks online political talkshow, and Hasan Piker, who runs his own hours-long stream each day, said they had been stopped from appearing at SXSW London, while the former claimed also to have been prevented from speaking at an event run by University of Oxford students. Continue reading...
Wise Plc shares dropped as much as 18% in London on Monday and said it’s working to answer queries from prosecutors in Belgium, after a report that the firm is under investigation over its anti-money-laundering controls. Prosecutors in Belgium are investigating concerns that Wise’s accounts have been used by people to launder proceeds of fraud, drug trafficking and corruption, the Bureau of Invest...
Wise Plc shares dropped as much as 18% in London on Monday and said it’s working to answer queries from prosecutors in Belgium, after a report that the firm is under investigation over its anti-money-laundering controls. Prosecutors in Belgium are investigating concerns that Wise’s accounts have been used by people to launder proceeds of fraud, drug trafficking and corruption, the Bureau of Investigative Journalism reported on Monday. The investigation was opened last year, it said. “We are currently working with the Brussels prosecutor to respond to queries about our business, as we routinely do with regulators and law-enforcement authorities,” Wise said in its statement . Requests for information from law enforcement agencies “are a normal part of operations and are not, in themselves, indicative of non-compliance with anti-money laundering requirements or of any wrongdoing,” the company said. Wise made its trading debut in the US last month in an effort to take advantage of a larger stock market and entice new investors. Belgian prosecutors didn’t immediately respond to requests for comment.
Pakistan aims to grow at a slightly faster pace in the upcoming fiscal 2027 even as the crude price shock from the Middle East war clouds the outlook for the nation that continues to rely on support from the International Monetary Fund. The country will be looking for 4% gross domestic product (GDP) growth in the next fiscal, according to a working paper of the Annual Plan Coordination Committee s...
Pakistan aims to grow at a slightly faster pace in the upcoming fiscal 2027 even as the crude price shock from the Middle East war clouds the outlook for the nation that continues to rely on support from the International Monetary Fund. The country will be looking for 4% gross domestic product (GDP) growth in the next fiscal, according to a working paper of the Annual Plan Coordination Committee shared by the Ministry of Planning at a news briefing in Islamabad. The country targeted 4.2% growth in the ongoing 2026 financial year ending June, but the National Accounts Committee forecasts a 3.7% expansion. Pakistan expects inflation at 8.2% next year. The ministry’s proposed targets for the next financial year will have to be approved by the prime minister and parliament. The country’s budget for fiscal 2027 will be announced this week. Pakistan is currently implementing an IMF program, which compels fiscal discipline. Since the Iran war began, the blockade of the Strait of Hormuz—a key bottleneck for global energy flows—has increased uncertainty.
Ratings agencies reaffirmed the strong position of various GCC economies, despite the geopolitical tensions. Alia Moubayed, Managing Director: EMEA Economics & Strategy at Jefferies International spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the resilience of these economies. (Source: Bloomberg)
Ratings agencies reaffirmed the strong position of various GCC economies, despite the geopolitical tensions. Alia Moubayed, Managing Director: EMEA Economics & Strategy at Jefferies International spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the resilience of these economies. (Source: Bloomberg)
It's a great time to be an investor on Wall Street. As of the closing bell on May 27, the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) were at all-time highs. Wall Street's historic rally has been powered by the evolution of artificial intelligence (AI), record share buybacks, better-than-expected corporate earnings, and ini...
It's a great time to be an investor on Wall Street. As of the closing bell on May 27, the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) were at all-time highs. Wall Street's historic rally has been powered by the evolution of artificial intelligence (AI), record share buybacks, better-than-expected corporate earnings, and initial public offering (IPO) euphoria, courtesy of SpaceX's expected debut on June 12. But this rally may be far more tenuous than investors realize. Inflation threatens to be the bull market's silent killer -- and the latest inflation update from the Federal Reserve points to fireworks on Wall Street . Continue reading
J Studios/DigitalVision via Getty Images The following segment was excerpted from Baron Asset Fund Q1 2026 Shareholder Letter. Top Contributors & Detractors Top contributors to performance for the quarter Year Acquired Contribution to Return (%) Space Exploration Technologies Corp. ( SPCX ) 2020 3.20 Quanta Services, Inc. ( PWR ) 2023 0.81 Vertiv Holdings Co ( VRT ) 2025 0.64 Equinix, Inc. ( EQIX ...
J Studios/DigitalVision via Getty Images The following segment was excerpted from Baron Asset Fund Q1 2026 Shareholder Letter. Top Contributors & Detractors Top contributors to performance for the quarter Year Acquired Contribution to Return (%) Space Exploration Technologies Corp. ( SPCX ) 2020 3.20 Quanta Services, Inc. ( PWR ) 2023 0.81 Vertiv Holdings Co ( VRT ) 2025 0.64 Equinix, Inc. ( EQIX ) 2007 0.27 Choice Hotels International, Inc. ( CHH ) 1996 0.09 Click to enlarge Space Exploration Technologies Corp. (SpaceX) is a high-profile private company founded by Elon Musk. The company's primary focus is on developing and launching advanced rockets, satellites, and spacecrafts, with the ambitious long-term goal of making life multi-planetary. SpaceX is generating significant value with the rapid expansion of its Starlink broadband service. The company is successfully deploying a vast constellation of Starlink satellites in Earth's orbit, reporting substantial growth in active users, and regularly deploying new and more efficient hardware technology. Furthermore, SpaceX has established itself as a leading launch provider by offering highly reliable and cost-effective launches, leveraging the company's reusable launch technology. SpaceX capabilities extend to strategic services such as human spaceflight missions. Moreover, SpaceX is making tremendous progress on its newest rocket, Starship, which is the largest, most powerful rocket ever flown. This next-generation vehicle represents a significant leap forward in reusability and space exploration capabilities. We value SpaceX using prices of recent financing transactions. Quanta Services, Inc. is a leading specialty contracting company that provides comprehensive infrastructure solutions for the electric and gas utility, renewable energy, communications, pipeline, and energy industries. Quanta’s shares rose during the quarter, driven by broad optimism for its ongoing work for AI and data-center-related companies, as...
Dell (DELL) unveiled the XPS 13, a laptop meant to compete with Apple’s (AAPL) MacBook Neo, Jaspreet Singh of Reuters reports. The laptop is priced at $699 and is reduced to $599 for students aged 16 and older. Dell claims the XPS 13 seeks to offer a better experience compared to the MacBook Neo.Claim 55% Off TipRanksUnlock trusted, data-backed investing tools with TipRanks Premium, from analyst r...
Dell (DELL) unveiled the XPS 13, a laptop meant to compete with Apple’s (AAPL) MacBook Neo, Jaspreet Singh of Reuters reports. The laptop is priced at $699 and is reduced to $599 for students aged 16 and older. Dell claims the XPS 13 seeks to offer a better experience compared to the MacBook Neo.Claim 55% Off TipRanksUnlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. Discover high-conviction stock picks a