This unconventional exploration of Albert Speer’s duplicity during his Nazi years and into his rehabilitation is a masterful forewarning of the post-truth era In April 1975, Simon Wiesenthal, the Holocaust survivor whose efforts to track down Nazi war criminals had earned him the title of “Nazi hunter”, wrote a letter to Albert Speer, the Nazi war criminal. Wiesenthal thanked him for a psychology ...
This unconventional exploration of Albert Speer’s duplicity during his Nazi years and into his rehabilitation is a masterful forewarning of the post-truth era In April 1975, Simon Wiesenthal, the Holocaust survivor whose efforts to track down Nazi war criminals had earned him the title of “Nazi hunter”, wrote a letter to Albert Speer, the Nazi war criminal. Wiesenthal thanked him for a psychology book Speer had sent him, and forwarded a copy of the French edition of his own memoir. Their decade-long correspondence also includes holiday postcards and birthday wishes. It ends with a personal note from Speer’s widow Margarete on her husband’s death in 1981, telling Wiesenthal how important their friendship had been to him. Wiesenthal’s friendship was a private echo of the extraordinarily warm international welcome that Speer received as a public intellectual after his release from Spandau prison in 1966. Speer had served as minister of armaments in wartime Nazi Germany, and was found guilty of crimes against humanity; yet when he died, he was in London to promote his new book on the BBC. Continue reading...
A cycle tour of the Sierra Nevada backcountry proves a bumpy but beautiful ride through cinematic scenery When you get into a van with an Englishman, five Irishmen and a Scotsman, you know someone is going to end up looking silly. For the next few days, my aim is for it not to be me. The van is taking us from busy Málaga to remote Andalucía for four days of gravel biking, something I have never do...
A cycle tour of the Sierra Nevada backcountry proves a bumpy but beautiful ride through cinematic scenery When you get into a van with an Englishman, five Irishmen and a Scotsman, you know someone is going to end up looking silly. For the next few days, my aim is for it not to be me. The van is taking us from busy Málaga to remote Andalucía for four days of gravel biking, something I have never done and for which I am not sure I am cut out. Most of my cycling experience is limited to a flat five-mile commute through London, or long-distance road touring holidays. I love sailing across smooth asphalt, and have always been slightly snobby about the rough stuff. Why bump along when you can glide? Continue reading...
As the Artemis II astronauts return from the moon, we celebrate the science, suits and spirit of endeavour that took them there, all brought together in a colourful new book called Space Journal Continue reading...
As the Artemis II astronauts return from the moon, we celebrate the science, suits and spirit of endeavour that took them there, all brought together in a colourful new book called Space Journal Continue reading...
China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry’s biggest lifeline since the Covid pandemic. Government subsidies, preferential tax treatment and state-backed low-interest loans are options being explored by authorities, said the peopl...
China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry’s biggest lifeline since the Covid pandemic. Government subsidies, preferential tax treatment and state-backed low-interest loans are options being explored by authorities, said the people, who asked not to be identified due to the sensitivity of the matter. Mergers are also being considered, they said. A video guide to reading Bloomberg Chinese news here. Deliberations are at a preliminary stage, and no decisions have been made, the people said. China’s top three airlines didn’t respond to a request for comment. The State-owned Assets Supervision and Administration Commission and the Civil Aviation Administration of China didn’t respond to faxes seeking comment. Airlines worldwide are facing their biggest crisis since the pandemic hammered travel, including in China, where strict domestic curbs effectively brought travel to a halt. The last time China bailed out the industry, the government provided tens of billions of dollars in emergency loans to local carriers, discounted charges and subsidized loss-making domestic flights. Despite moves to shore up the industry, China’s biggest players — China Southern Airlines Co. , China Eastern Airlines Corp. and Air China Ltd. — have struggled to return to profit since Covid began. The so-called Big Three cumulatively lost about 209 billion yuan ($30 billion) from 2020 to 2025, with just China Southern eking out a profit in one of those years. Shares of the three Chinese carriers pared losses in Hong Kong on Thursday after the Bloomberg report. Read More: China’s State Airlines Are Aviation’s Unlikely War Losers More recently, fuel prices have surged as the Iran war roils energy markets and piles stress on the aviation sector — particularly because the lack of hedging by Chinese carriers make them vulnerable to sud...
Even in the middle of a bull market, it's not uncommon to see a market pullback or sector rotation. And with the war with Iran, the artificial intelligence (AI) stocks that have been leading the market higher have pulled back, with investors rotating into energy and value stocks. However, this is likely to be a temporary phenomenon. While value stocks will have their day, it is growth that ultimat...
Even in the middle of a bull market, it's not uncommon to see a market pullback or sector rotation. And with the war with Iran, the artificial intelligence (AI) stocks that have been leading the market higher have pulled back, with investors rotating into energy and value stocks. However, this is likely to be a temporary phenomenon. While value stocks will have their day, it is growth that ultimately pushes companies to increase in size and importance. Great stocks rarely go on sale, but when they do, you should grab them when they are trading at a discount. Let's look at three great AI stocks to buy now. Image source: Getty Images. Continue reading
VP Vance Says Brussels' Attempt To Sway Hungarian Vote Is "Worst Foreign Election Interference He's Ever Seen" Authored by Thomas Brooke via Remix News, U.S. Vice President J.D. Vance used a high-profile appearance in Budapest alongside Prime Minister Viktor Orbán to accuse Brussels of carrying out “one of the worst examples of foreign and election interference” he had ever seen, claiming EU offic...
VP Vance Says Brussels' Attempt To Sway Hungarian Vote Is "Worst Foreign Election Interference He's Ever Seen" Authored by Thomas Brooke via Remix News, U.S. Vice President J.D. Vance used a high-profile appearance in Budapest alongside Prime Minister Viktor Orbán to accuse Brussels of carrying out “one of the worst examples of foreign and election interference” he had ever seen, claiming EU officials had targeted Hungary because they “hate this guy” and want to weaken his government ahead of the country’s election. Speaking at a joint press conference in the Hungarian capital on Tuesday, Vance said the “bureaucrats in Brussels have tried to destroy the economy of Hungary,” had sought to make the country less energy independent, and had “tried to drive up costs for Hungarian consumers.” “They’ve done it all because they hate this guy,” he added, pointing at Orbán. The U.S. vice president cast the vote as a test of national sovereignty and told Hungarian voters to ask not who was pro-Europe or pro-America, but “who is pro-you” and “who is pro the people of Hungary.” He caveated his address by insisting he was not telling Hungarians how to vote, and urged the “bureaucrats in Brussels to do the exact same thing.” Meanwhile, Orbán hailed a new “golden era” in ties with Washington under President Donald Trump and said the return of Trump had transformed bilateral relations after years without a visit by such a senior American official. He said 2025 had been a record year for economic cooperation and that 2026 was already bringing further momentum, pointing to expanded collaboration in defense and space technology as well as new U.S. investment. 🇺🇸🇭🇺 "What has happened in the midst of this election campaign is one of the worst examples of foreign election interference I have ever seen." U.S. Vice President JD Vance slams the bureaucrats in Brussels for attempting to sway the Hungarian election because they "hate" Viktor… pic.twitter.com/7VNMhv4OxM — Remix News & Views (@R...
Astorg Partners has handed its newest partners a larger chunk of its equity as part of sweeping leadership changes at the €23 billion ($26 billion) private equity firm. The new generation of leaders now hold almost 50% of the European firm, according to Benjamin Cordonnier , who was last year appointed as co-managing partner alongside Judith Charpentier . They acquired the equity from older partne...
Astorg Partners has handed its newest partners a larger chunk of its equity as part of sweeping leadership changes at the €23 billion ($26 billion) private equity firm. The new generation of leaders now hold almost 50% of the European firm, according to Benjamin Cordonnier , who was last year appointed as co-managing partner alongside Judith Charpentier . They acquired the equity from older partners including co-founders Thierry Timsit and Xavier Moreno in a transaction that closed last month. Cordonnier described the move as an “internal LBO.” Cordonnier and Charpentier now run day-to-day operations at Astorg. Timsit, who was previously its chief executive officer, has become executive chairman. Astorg has spent recent years exploring options for its future under new leaders and had been working with Evercore Inc. to explore new financing models. It ultimately decided to remain independent, according to Cordonnier. Astorg “deliberately” chose an “internal solution” over a “GP stake, or external capital model, to maintain full independence and ensure a significant portion of the firm’s equity is rotated to the active team,” he said in an interview. The new ownership model is aimed at boosting performance and alignment among the firm’s partners and investors, he said, adding that the move will position the firm for its next phase of growth. Long-standing partners who remain active, such as Timsit, who remains a large shareholder, will re-invest all of their sale proceeds into future funds, according to Cordonnier. Moreno will also retain a stake in the firm. Disciplined Investments Succession planning is particularly important for private capital firms, as their investors commit money to funds that have lifespans of a decade or more. The industry is going through a period of transition as founders make way for the new crop of leaders. Astorg has also narrowed its sector focus ahead of raising its next flagship fund. The firm has moved away from industrials and will f...
(RTTNews) - Technip Energies N.V. (THNPF, TE.PA), on Thursday, has been awarded a contract by Long Son Petrochemicals for the Long Son Petrochemicals Enhancement project located in Vietnam.
(RTTNews) - Technip Energies N.V. (THNPF, TE.PA), on Thursday, has been awarded a contract by Long Son Petrochemicals for the Long Son Petrochemicals Enhancement project located in Vietnam.
Tata Consultancy Services Ltd. shares are likely to see a large post-earnings swing amid concern that artificial intelligence will dent its growth prospects, options show. The derivatives are implying a potential one-day move of about 3.6% following the results due Thursday — which would be the biggest in 15 months — versus an average 2.7% over the past eight quarters. The company is expected to r...
Tata Consultancy Services Ltd. shares are likely to see a large post-earnings swing amid concern that artificial intelligence will dent its growth prospects, options show. The derivatives are implying a potential one-day move of about 3.6% following the results due Thursday — which would be the biggest in 15 months — versus an average 2.7% over the past eight quarters. The company is expected to report single-digit revenue growth for an 11th consecutive quarter as clients remain cautious , particularly in key overseas markets, based on analyst forecasts. “The market is pricing in a storm, not a drizzle,” said Maurya Ghelani , a derivatives strategist at Kai Securities in Mumbai. “Between geopolitical tremors and the AI disruption narrative, TCS sits right at the fault line.” TCS shares have dropped about 20% this year, compared to a 9% decline in the benchmark NSE Nifty 50 Index . Sentiment around the tech services giant has been weighed down by AI developments, including Meta Platforms Inc.’s latest model launch and Anthropic’s new tools to build AI agents. Any management commentary on the topic is also likely to be watched closely.
Jonathan Kitchen/DigitalVision via Getty Images CoreWeave, Inc. ( CRWV ) is one of several companies at the epicenter of the massive AI infrastructure build. The company quickly gained traction after its IPO as investors wanted to gain direct AI exposure, and CoreWeave had a growing list of impressive customers. Across the AI trade, the infrastructure build-out has been a closely watched battlegro...
Jonathan Kitchen/DigitalVision via Getty Images CoreWeave, Inc. ( CRWV ) is one of several companies at the epicenter of the massive AI infrastructure build. The company quickly gained traction after its IPO as investors wanted to gain direct AI exposure, and CoreWeave had a growing list of impressive customers. Across the AI trade, the infrastructure build-out has been a closely watched battleground. After initially being bullish on the stock in mid-2025 , several execution challenges caused my thesis to turn bearish . While timing was certainly on my side, the stock's ongoing pullback better reflected the risk factors that initially caused my bearish fear. A strong update last quarter left me feeling more opportunistic about the opportunity , and now I believe the stock presents a very attractive investment for long-term holders. Seeking Alpha The stock has gone through several periods of heightened volatility, which I believe will persist. As a prominent player in the AI infrastructure build, CRWV will be subject to the wide swings in sentiment as well as any potential concerns around the supply chain and demand environment. In many ways, CRWV presents one of the best ways to get direct AI exposure in an investment portfolio. The recent challenges around the supply chain seem to be settled, and despite the current geopolitical uncertainties (i.e., wars, potential economic sanctions, etc.), the company's fundamentals remain strong, while valuation is now much more attractive. The overall momentum around the AI infrastructure build is healthy, with the larger hyperscalers increasing their capital expenditures to support the build. Demand is far outweighing supply, which I believe puts CRWV in a great position to benefit over the next several years. Recent Positive Updates Are Encouraging When it comes to the quarterly report, CRWV is a unique asset in that the heavy upfront investments are not aligned with revenue recognition. There is often a lag between when thes...