By 2030, five of the 10 largest borrowers in the U.S. bond market will be major tech companies scooping up money to build artificial intelligence (AI) infrastructure, chiefly data centers, according to a calculation based on current trends by private equity firm Apollo Global Management.
Electric vehicles (EVs) accounted for 17 percent of Europe’s new-car sales last year, up from 14 percent in 2024, while purchases of Teslas plummeted 38 percent, year on year, the European Automobile Manufacturers Association (ACEA) reported.
The latest stress test by Norges Bank Investment Management, the sovereign wealth fund managing the country’s oil and gas revenues, assessed the damage that four different catastrophes would have on its portfolio.
To avoid a punitive 25-percent U.S. tariff, India has sharply curtailed its purchase of Russian crude oil. As a result, about 60 million barrels of Russia’s oil are now stranded aboard tankers at sea.
About 6.8 million people in the U.K. now subsist in "very deep poverty", the highest level since the mid-1990s, according to a study by the Joseph Rountree Foundation, which focuses on alleviating poverty.
Germany’s economy, the world’s third largest, will grow a scant 1 percent this year and 1.3 percent in 2027, according to a new outlook from the country’s Ministry for Economics.
Bonds, currencies, and stocks of emerging nations are leading the investment pack this year as the dollar sinks to a four-year low and investors diversify beyond dollar-denominated venues.
The retail and restaurant industries continue to close locations due to rising costs and declining demand, but the number of closures seems to be declining, according to Coresight Research.
The Bureau of Labor Statistics delayed release of the January Job Report due to the government shutdown.
Rising operating costs continue to fuel a wave of closures across the retail, restaurant, and manufacturing sectors. In the United Kingdom, Poundland has closed 149 locations, while Toys “R” Us Canada has announced the closure of 19 stores.