Convertible bond investors chasing exposure to the artificial intelligence boom are giving up some of the protection they would normally demand, pushing the market toward levels of risk-taking last seen during the pandemic.
Convertible bond investors chasing exposure to the artificial intelligence boom are giving up some of the protection they would normally demand, pushing the market toward levels of risk-taking last seen during the pandemic.
Severe droughts across Europe this summer led to huge wildfires, disrupted transport on critical routes, threatened power plants and hit corporate earnings across the continent. The credit markets are mostly unmoved.
Severe droughts across Europe this summer led to huge wildfires, disrupted transport on critical routes, threatened power plants and hit corporate earnings across the continent. The credit markets are mostly unmoved.
The number of UK firms in critical financial distress grew by 9% in the past year, with consumer-facing industries coming under the most strain, according to research from financial and real estate advisory group BTG.
The number of UK firms in critical financial distress grew by 9% in the past year, with consumer-facing industries coming under the most strain, according to research from financial and real estate advisory group BTG.
New UK Prime Minister Andy Burnham’s cabinet members are more at risk from Nigel Farage’s poll-leading Reform UK party than that of Keir Starmer before him.
New UK Prime Minister Andy Burnham’s cabinet members are more at risk from Nigel Farage’s poll-leading Reform UK party than that of Keir Starmer before him.
UK inflation fell to its lowest level in over a year on cheaper motor fuel and food, a reprieve for households that may prove short-lived as a return to hostilities in the Middle East pushes up energy prices.
UK inflation fell to its lowest level in over a year on cheaper motor fuel and food, a reprieve for households that may prove short-lived as a return to hostilities in the Middle East pushes up energy prices.
Andy Burnham pledged fiscal discipline in his first cabinet meeting as UK prime minister, while repeating his promise to ease the cost of living for millions of voters.
Andy Burnham pledged fiscal discipline in his first cabinet meeting as UK prime minister, while repeating his promise to ease the cost of living for millions of voters.
UK police said they believe that former minister and Reform UK politician Ann Widdecombe was attacked almost 24 hours before she was found dead at her home on Thursday morning.
UK police said they believe that former minister and Reform UK politician Ann Widdecombe was attacked almost 24 hours before she was found dead at her home on Thursday morning.
Uncertainty over Andy Burnham’s economic plans is creating headwinds for the UK housing market just as it starts to emerge from the shocks caused by the war in the Middle East, according to a survey of estate agents.
Uncertainty over Andy Burnham’s economic plans is creating headwinds for the UK housing market just as it starts to emerge from the shocks caused by the war in the Middle East, according to a survey of estate agents.
Andy Burnham faces a £100 billion ($134 billion) challenge if he wants to put Britain’s public finances on a sustainable path, the government’s fiscal watchdog warned.
Andy Burnham faces a £100 billion ($134 billion) challenge if he wants to put Britain’s public finances on a sustainable path, the government’s fiscal watchdog warned.
Andy Burnham faces a £100 billion ($134 billion) challenge if he wants to put Britain’s public finances on a sustainable path, the government’s fiscal watchdog warned.
Andy Burnham faces a £100 billion ($134 billion) challenge if he wants to put Britain’s public finances on a sustainable path, the government’s fiscal watchdog warned.
The UK government should reverse a decision to freeze the earnings level at which graduates begin repaying their student loans, an influential panel of lawmakers said.
The UK government should reverse a decision to freeze the earnings level at which graduates begin repaying their student loans, an influential panel of lawmakers said.
The current Labour government has faced growing pressure to reform a system of loans that’s left graduates struggling under spiraling debt burdens that often carry on rising even after repayments begin. Photographer: Chris Ratcliffe/Bloomberg
When Conservative leader Kemi Badenoch dismissed the UK’s likely next prime minister, Andy Burnham, as “a pair of eyelashes and a black T-shirt,” his response lasted five seconds.
When Conservative leader Kemi Badenoch dismissed the UK’s likely next prime minister, Andy Burnham, as “a pair of eyelashes and a black T-shirt,” his response lasted five seconds.
Andy Burnham takes a 'selfie' with the Parliamentary Labour Party after his swearing-in at the Houses of Parliament. Photographer: Dan Kitwood/Getty Images
Food inflation has fallen to a 15-month low in the UK, according to a trade association of retailers, the latest sign of easing cost pressures that could prevent the Bank of England from raising interest rates.
Food inflation has fallen to a 15-month low in the UK, according to a trade association of retailers, the latest sign of easing cost pressures that could prevent the Bank of England from raising interest rates.
Standing across from Keir Starmer in the Commons chamber this week, opposition leader Kemi Badenoch drew on a particularly violent metaphor for how the Labour Party had ditched him when she conjured up an image of “400 knives stuck in the prime minister’s back.”
Standing across from Keir Starmer in the Commons chamber this week, opposition leader Kemi Badenoch drew on a particularly violent metaphor for how the Labour Party had ditched him when she conjured up an image of “400 knives stuck in the prime minister’s back.”
Labour was given a boost on Thursday after twin surveys highlighted how the governing party’s likely new leader Andy Burnham may revive its fortunes and make up ground on Nigel Farage’s poll-leading Reform UK.
Labour was given a boost on Thursday after twin surveys highlighted how the governing party’s likely new leader Andy Burnham may revive its fortunes and make up ground on Nigel Farage’s poll-leading Reform UK.
Yip Shun-Ting Carbon returns for the first time to his apartment to salvage belongings after last year’s fire that killed 168 people, including his motherThe Yip family once imagined moving to a country house, all three generations under the same roof, with their own vegetable garden and away from Hong Kong’s dense high-rises. A devastating fire, Hong Kong’s worst since 1948, took that future from them, leaving behind little but rubble and blackened walls.“Whatever we can retrieve is a bonus,” s
Yip Shun-Ting Carbon returns for the first time to his apartment to salvage belongings after last year’s fire that killed 168 people, including his mother
The Yip family once imagined moving to a country house, all three generations under the same roof, with their own vegetable garden and away from Hong Kong’s dense high-rises. A devastating fire, Hong Kong’s worst since 1948, took that future from them, leaving behind little but rubble and blackened walls.
“Whatever we can retrieve is a bonus,” says Yip Shun-Ting Carbon, aged 36, who lost his mother, Pak Shui-lin, in the inferno in November last year that killed 168 peopleat a large residential complex under renovation.
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