When Wirecard went belly up a few years ago, Deutsche Bank ended up with a loss of just €18mn — miraculously little for a bank that had up until then made a habit of ambling into nearly every major financial cow pie in the world. And this had been a giant pile of manure right…
A clutch of cryptocurrency-focused hedge funds has made a windfall in recent weeks as Donald Trump’s election win fuelled a powerful rally that propelled bitcoin above the $100,000 milestone. Funds employing crypto strategies posted gains of 46 per cent in November, bringing their year-to-date returns to 76 per cent, according to data provider Hedge Fund…
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Leading central banks have warned that inflation is proving stickier than expected and that they will only cut borrowing costs gradually in 2025, in a shift that hit bond markets on both sides…
Lord Peter Mandelson, former Labour cabinet minister and EU commissioner, is to become Britain’s next ambassador to Washington, with an immediate mission to avert a trade war with Donald Trump. Mandelson will take up the post next month, according to UK government officials, in the latest appointment by Prime Minister Sir Keir Starmer of a…
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US Congress has just 24 hours to find a deal to keep the government open after the House voted down a funding bill on Thursday night despite support from Donald Trump, who…
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The Centers for Disease Control and Prevention had preliminarily documented more than 17,600 whooping cough infections in the U.S. as of Oct. 5, 2024—more than four times the nearly 4,000 infections recorded at this time in 2023. PeopleImages/Getty Images https://fortune.com/img-assets/wp-content/uploads/2024/10/GettyImages-691103030-e1728666459689.jpg?resize=1200,600 2024-10-11 20:35:51
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