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After his spectacular victory in the Makerfield byelection, markets are growing a little scared of Andy Burnham, who looks set to replace the UK prime minister Keir Starmer with an agenda distinctly to his left. While this fear is understandable, it’s also overdone. Ultimately, investors have Liz Tr

Part of a European collateralized loan obligation managed by Bain Capital has failed to repay investors in full, the first such default since an overhaul of the asset-backed securities more than a decade ago.

Lebanon ceasefire agreed after US-Iran talks in Switzerland scrapped Reuters

Global Auto Holdings Ltd., the owner of car dealer franchises including the UK’s Lookers, is exploring an initial public offering in Toronto, according to people familiar with the matter.

The AI boom is quietly choking people in East Asia

AI video startup PixVerse scores 'Captain Tsubasa' license during World Cup

US dropping of 'Indo' from Pacific Command adds pressure on India ties

China's tobacco monopoly warns of profit hit from reduced US leaf imports

China says Australia has reached beef quota, triggering 55% tariff

Kevin Warsh takes oath of office as chairman and a member of the Board of Governors of the Federal Reserve System, and the Federal Open Market Committee unanimously selects Warsh as its chairman