Nicolas Thomas

Can AI make South Korea the Norway of Asia?

Seoul and Taipei are taking in a deluge of dollars thanks to the artificial intelligence boom. But turning this windfall into lasting national prosperity, along the lines of Norway's sovereign wealth fund that everyone holds up as a model, is far from straightforward and remains a political gamble.

July 13, 2026 at 08:30 pm

Can AI's newly rich revive luxury stocks?

While Wall Street is getting drunk on silicon, part of the wealth created by artificial intelligence is landing in Asia's luxury department stores. Bernstein sees an ''AI wealth effect'' that could boost Q2 sales. Enough to wake up a sector that's been pretty sleepy?

July 13, 2026 at 04:48 pm

Fed: Kevin Warsh names the architects of his new monetary doctrine

The Fed chairman has appointed the leaders of five task forces charged with reviewing communications, the balance sheet, data, productivity and inflation analysis.

July 11, 2026 at 12:47 am

Bayer teams up with Apollo and raises EUR3bn

The German chemicals and pharmaceuticals giant has sold a minority stake in its contraceptives business (LARC) to US fund Apollo, aiming to address major debt maturities and legal disputes.

July 10, 2026 at 05:28 pm

SK Hynix rides the wave

The Korean memory specialist's dual listing in the United States comes at an opportune moment.

July 10, 2026 at 03:32 pm

MarketScreener Odds and Ends: Trump, the trader-president?

Donald Trump is racking up stockmarket trades, Copenhagen keeps its title as the world's most livable city and all the gold ever known would fit into a sphere about thirty meters across.

July 09, 2026 at 10:10 pm

AstraZeneca shares slump after clinical trial fails

AstraZeneca shares slid on the London Stock Exchange (-9.49%, to 12,888 pence) after announcing a Phase III trial failure for Wainua, developed by the Anglo-Swedish drugmaker and Ionis, in patients with transthyretin amyloid cardiomyopathy.

July 09, 2026 at 04:30 pm

Backed by Uber, Lime still needs to convince investors that its model is viable

Urban micromobility specialist Lime went public last week.

July 08, 2026 at 05:13 pm

Rivian stock slides on $1.5bn capital increase

Rivian Automotive announced a public offering of 75m Class A common shares, a move that sent the stock down about 12% in early trading. Based on Monday's closing price of $20.14, the fundraising is expected to bring in nearly $1.51bn. The automaker also included an option allowing the banks to buy up to 11.25m additional shares.

July 07, 2026 at 10:50 pm

Crypto prediction contracts are not just simple bets

Esma has just issued a clarification, reminding the market that binary-outcome contracts based on financial assets may be derivatives that cannot be marketed to retail investors.

July 07, 2026 at 08:23 pm

EasyJet ready to accept offer from Castlelake, but investors remain cautious

easyJet shares hit their highest level in four years after the airline said that it is, in principle, willing to accept a £5.5bn takeover offer from the US fund Castlelake. The board said that it is open to a higher proposal of £6.90 per share, up from the initial £5.60, which could lead to the group being delisted from the London Stock Exchange. Despite this progress, the stock remained well below the proposed price, a sign that markets still doubt the deal will go through.

July 07, 2026 at 02:26 pm

Tesla benefits from New Street Research's positive call

Tesla is posting a strong rebound on Monday in New York (+3.37%, $406.72), after falling 7.49% in its previous session on Thursday (with Friday a market holiday in the United States). The stock is benefiting from a favorable note from New Street Research.

July 06, 2026 at 10:37 pm

BITA: BlackRock writes a monthly check on a bitcoin that pays none

BlackRock's new bitcoin ETF arrived on the Nasdaq with a simple promise: aim to pay cash every month to its holders. Bitcoin itself has never paid anything to anyone. So someone has to write the check in its place.

July 03, 2026 at 04:21 pm

Ryanair: A Network Strategy That Is Paying Off

The Irish carrier's strategy, which focuses more on flight frequency than on the net opening of new routes, is allowing it to improve unit revenues and strengthen its competitive position in Europe, according to analysts at Bernstein.

July 01, 2026 at 05:10 pm

EasyJet: Bidding War Escalates as Rhetoric Softens

The bidding war surrounding easyJet continues to intensify. From £5.60 to £6.00 and then £6.25, the airline yesterday rejected the latest offer from the American fund at £6.50 per share. However, the tone between the two parties has notably shifted.

June 26, 2026 at 05:41 pm

Serial Acquirers: 3 Listed Companies Swallowing Businesses Without Choking

Any listed company can sign a check. Maintaining margins afterward and moving on to the next deal is another matter entirely. Some companies grow this way, methodically buying up their neighbors. The problem is that the line between a skilled consolidator and a compulsive buyer can be thin.

June 26, 2026 at 04:54 pm

EasyJet Rejects a Third Offer From Castlelake and Waits for a Better Bid

June 23, 2026 at 02:54 am

Siemens Energy Weighs a Separation of Its Industrial Division

Siemens Energy is examining the possibility of separating its Transformation of Industry division, according to an internal document cited by Manager Magazin. The business, which employs around 17,000 people and generated €5.7bn in revenue in the last fiscal year, supports industrial clients in decarbonization and energy-efficiency projects. The German group confirmed that it regularly reviews its portfolio of activities, while noting that no decision has yet been made.

June 19, 2026 at 01:17 am

Diageo Prepares a Restructuring Under Dave Lewis

Diageo's new chief executive, Dave Lewis, has launched a sweeping review of the group's costs and headcount to improve competitiveness and profitability. According to the Financial Times, he has asked members of the executive committee to set out cuts to spending and staffing, without yet specifying the scale of the job reductions being considered. An internal communication detailing the expected measures could come as soon as next week.

June 18, 2026 at 01:59 am

Stellantis Explores Partnerships to Revive Maserati

June 17, 2026 at 11:57 pm

Elliott Takes Stake in Bunzl and Demands Share Buybacks

The American activist fund Elliott Investment Management has acquired approximately 5% of Bunzl, becoming one of the largest shareholders in the British professional supplies distributor. This stake was favorably received by the markets, with the stock rising as much as 3.7% before maintaining a more moderate gain during the session. Bunzl is currently valued at approximately £8.23bn, and its shares have risen by about 25% since the beginning of the year.

June 15, 2026 at 10:50 pm