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Is France Becoming Another Fiscal Flashpoint?

France’s mounting debt has become a flashpoint in economic debates, with critics blaming decades of high public spending and subsidies for the country’s burden. The numbers underline how France’s trajectory has diverged…

World

Germany and France commit €300 million to South Africa services

In the shadow of Russia’s war of aggression against Ukraine, the EU and its Member States are undertaking the biggest rearmament effort to take place in Europe since the 1950s. Many now call for more European cooperatio…

World

There Are ’Warsh’ Things I Could Do

WASHINGTON (MaceNews) – The following is a rough transcript of the responses of the new Federal Reserve chair, Kevin Warsh, to reporters’ questions in his first post-Federal Open Market Committee news conference Wednesd…

World

Lords call for AI 'kill switch' powers in UK

A group of peers is calling for the British government to be able to deactivate powerful AI systems and switch off the country's data centres in the event of the tech posing a threat to national security.

World

The Ternus Era Begins at Apple

In late July, current and former Apple product developers gathered for a reunion at the company’s Cupertino, Calif., headquarters. As evening fell and guests sipped drinks and ate hors d’oeuvres, John Ternus slipped int…

World

Why is SoftBank Group stock sliding today?

The Tokyo stock market on the 24th saw active stock-picking driven by earnings announcements and forecast revisions. In the semiconductor sector, a stark contrast emerged as Disco (6146.T) plunged while KOA (6999.T) sur…

World

Fed Hike Odds Make a Full Round Trip

A Fed emergency meeting is the one macro event nobody can put on a calendar, which is exactly why Kalshi lists a contract on it. That contract is offered at 13.1 cents tonight against an 8.1-cent bid, and read alone it …

World

France targets Shein and Temu with fast fashion fees

France has started imposing fees on fast fashion items which could reach almost €20 per garment by 2030, as the government tries to curb sales of cheap clothing sold by e-commerce sites.