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Nigel Farage says £5million 'gift' from crypto billionaire was his reward for Brexit campaign
Nigel Farage says £5million ‘gift’ from crypto billionaire was his reward for Brexit campaignBy SOPHIE CHURCH - POLITICAL REPORTER Published: 00:33, 15 May 2026 | Updated: 00:33, 15 May 2026 e-mail View comments
Royal finances face a cut. But will much really change?
Royal finances face a cut. But will much really change?Just nowShareSaveAdd as preferred on GoogleSean CoughlanRoyal correspondentBBCRoyal finances can feel mysterious, like trying to see what's in a crowded room with very little light. The funding mechanisms are complicated, the language antiquated and much about the income remains under a padlock of privacy.But there are challenging months ahead. A funding cut is on the way, the first for many years.And in the wake of the scandal surrounding A...
PE Firm Lightrock Raises $500 Million for New Clean Energy Fund
Private equity firm Lightrock, which was spun out from Liechtenstein’s LGT Group, has raised a new $500 million fund to back businesses advancing access to affordable and clean energy in Asia and Africa.
Sales fall for second month in row amid ongoing conflict in Middle East
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Cuba’s Diaz-Canel open to US aid amid worsening fuel crisis, blackouts
The comments came as a US delegation led by CIA Director John Ratcliffe met Cuban officials in Havana on Thursday.
Asian Stocks to Rise as AI Rally Spurs Wall Street: Markets Wrap
Asian stocks were set to rise Friday after Wall Street hit fresh records, buoyed by a rally in artificial intelligence shares, strong corporate earnings and further signs of resilience in the US consumer.
Air Arabia reports Dh278 million net profit for Q1 2026
SHARJAH: Air Arabia (PJSC), the first and largest budget carrier operator in the Middle East and North Africa, has announced its financial and operational results for the first quarter ending March 31, 2026. Air Arabia reported a net profit of Dh278 million for the first quarter ending March 31, 2026, representing a 22% decline compared to Dh355 million recorded in the same period last year. Airspace closuresThis drop was driven by the impact of the ongoing conflict in the region, which resulted...
Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson
George Mattson, CEO of private aviation company Wheels Up, said that his company is 'immunized' from the impact of fuel cost spikes because they are able to pass off surcharges to customers willing to pay a premium. Mattson discussed Delta's investment in the private sphere and said the airline company sees Wheels Up as an extension of its growing premium commercial strategy. (Source: Bloomberg)
'Millions' of pounds saved by replacing Palantir tech in refugee system
The government said its in-house IT system was "more flexible" while meeting "high standards" of security.
World Bank Team to Visit Venezuela to Meet Government Officials
A group of representatives from the World Bank will visit Caracas to engage with government authorities for the first time since reestablishing formal relations last month, according to people familiar with the matter.
Blackstone, KKR to Take Over Dental Firm After Slashing 70% Debt
Direct lenders including Blackstone Inc. and KKR & Co. are set to take control of struggling dental business Affordable Care and slash about 70% of the debt as part of a restructuring agreement, according to a person familiar with the matter.
AI Rally Crushes Stock Pickers With Just 1 in 4 Beating Market
Active managers who briefly looked like they might finally have their moment earlier this year are once again confronting a familiar problem: a market rally driven by a tiny group of tech megacaps that diversified portfolios simply can’t keep up with.
Members-Only Event: The First $1 Trillion IPOs
SpaceX, OpenAI and Anthropic are all anticipated to go public this year, starting with Elon Musk's rocket company this summer. These three deals alone represent some of the biggest of all time—if their billionaire CEOs can pull them off. Join Forbes expert editors Wednesday, May 27th at 12pm EST covering these companies for a lively discussion with audience Q&A to unpack what's at stake for this year's blockbuster IPO market.
Dow closes above 50,000 as investors eye Trump-Xi summit
Oil prices inched higher on Thursday.
S&P 500 Soars To New Record High—Closes Above 7,500 For First Time
BreakingBusinessBreaking NewsS&P 500 Soars To New Record High—Closes Above 7,500 For First TimeByZachary Folk,Forbes Staff. I cover breaking news.Follow AuthorMay 14, 2026, 04:30pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplineThe S&P 500 hit yet another milestone Thursday, soaring to a new high and topping 7,500 for the first time, driven by AI optimism while President Donald Trump meets with Chinese President Xi...
Cerebras’ IPO Price Soars | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting
The Cerebras Systems IPO was a smash hit on Thursday, generating billions for itself, its founders and its major investors. Among the big winners is major shareholder Benchmark, which owns 9.5% of the company. One of the firm’s general partners, Eric Vishria, has been a Cerebras board member since 2016, the year the AI chip maker was founded, have co-led its $25 million Series A round.
Dow Is Hardly Moving Anything Through Hormuz, CEO Says
Dow Chair and CEO Jim Fitterling says the company is "hardly moving anything" through the Strait of Hormuz due to the war in Iran. He says it could take 275 days for things to get back to normal after the waterway is reopened. He speaks to Bloomberg's Caroline Hyde on the sidelines of the Spark Summit in California. (Source: Bloomberg)
Anthropic warns against selling top Nvidia chips to China during Trump Beijing visit
Anthropic's paper outlines two scenarios for US-China AI leadership by 2028. In one, the US maintains its compute advantage through tightened export controls, leading to democratic AI norms. The other sees China overtaking the US if policymakers fail to act, resulting in authoritarian AI dominance.
3 credit card debt questions borrowers should consider this week
MoneyWatch: Managing Your Money 3 credit card debt questions borrowers should consider this week We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com....