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India’s Maritime Financier Readies Nation’s First Blue Bond
Sagarmala Finance Corp., a financier created to fund India’s maritime projects, is preparing to issue the country’s maiden blue bond to raise as much as 10 billion rupees ($105 million), according to a top official.
The $900 Billion Giant: How Anthropic Got So Big, So Fast
The artificial intelligence giant was just valued at $900 billion, surpassing OpenAI. Here are the numbers behind its rise — and headwinds it faces.
Billionaire Jamie Dimon Calls Mamdani’s Tax Proposals ‘Embarrassing’
BreakingBusinessBillionaire Jamie Dimon Calls Mamdani’s Tax Proposals ‘Embarrassing’ByTy Roush,Forbes Staff. Ty Roush is a breaking news reporter based in New York City.Follow AuthorMay 29, 2026, 08:21am EDTToplineJPMorgan Chase CEO Jamie Dimon on Friday criticized New York City Mayor Zohran Mamdani’s tax proposals, calling his policies “embarrassing,” as state legislators are set to vote on an additional tax on single-family homes worth $5 million or more. “Don’t try to raise more taxes or spen...
Sugar Climbs Most in a Month on Poor India Monsoon Rain Outlook
Sugar futures in New York posted the biggest gain in a month on concerns that an emerging El Niño weather pattern could curb rainfall and damage the cane crop in India, the world’s second-largest producer.
Unknown MAGA Warrior Upends Race for a Seat on Texas Oil Regulator
Hard-right candidate with little connection to the oil industry is primed to win a place on the Railroad Commission of Texas.
Oil prices fall on hopes of Strait of Hormuz reopening
Biggest monthly decline in Brent crude since 2020 comes amid signs US and Iran could be close to a deal
Eye-watering cost of Arsenal's Emirates Stadium revamp explained
Arsenal are set to spend more on extending the Emirates Stadium than it cost to build it in the first place
Mutual retailer triples boss’s pay to £2.2m despite fall in profits
OurCoop criticised by members after withholding annual profit-share payment despite soaring executive payOurCoop, the independent mutual which runs about 500 food stores across England, is facing criticism from members after it more than tripled the boss’s pay to £2.2m despite falling sales and profits.The chain, which is a separate company from the Co-op Group but relies on the much bigger business to supply some products, has not approved an annual profit-share payment to members this year, al...
Business services staff face redundancies at City law firm
City-based law firm Clyde & Co has launched a restructuring consultation for its business service staff as part of its ongoing strategy to centralise support operations into regional hubs. The firm is proposing to move certain services currently performed by teams within legal support, purchase-to-pay, and IT to its service centres in Glasgow and its third-party partner facility, Accenture’s service centre in Manila. The move, first reported by the legal publication Rollonfriday, affected a...
US Premarket Movers for May 29, 2026
S&P 500 Index futures rise 0.1% as of 7:31 a.m. in New York as traders wait to see whether the US and Iran can finally get a peace deal across the line.
The Food Pyramid Leaves Communities Behind: A Doctor’s Perspective
InnovationHealthcareThe Food Pyramid Leaves Communities Behind: A Doctor’s PerspectiveByLisa Fitzpatrick,Contributor.Forbes contributors publish independent expert analyses and insights. I write about public health and health innovation for the underserved Follow AuthorMay 29, 2026, 07:36am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Food backgrounds: overhead view of a large group of food. The composition includes gro...
Hershey Bull Sees World Cup, America 250 Lifting Chocolate Sales
Summer events including the FIFA World Cup and America’s 250th anniversary could spur sales of sweet treats, making now a key time to snap up beaten-down shares of Hershey Co., according to the candy and snack maker’s newest Wall Street bull.
Czech Billionaire Sees Potential to Boost TotalEnergies Stake
Czech billionaire Daniel Kretinsky said he’s open to increasing his holding in TotalEnergies SE, after gaining a stake in the French oil major last month.
Stocks Hold at Record Highs on US-Iran Deal Optimism | Bloomberg Brief 5/29/2026
Stocks hold steady at all-time highs as traders wait to see whether the US and Iran can finalize a peace deal. SpaceX is said to cut its IPO valuation to at least $1.8 trillion while Anthropic's newest funding round puts its valuation at $965 billion eclipsing rival OpenAI. Cole Smead of Smead Capital Management discusses the 'mania' in tech stocks. (Source: Bloomberg)
Intesa Seals SRTs on $4.8 Billion in US Corporate and ESG Loans
Intesa Sanpaolo SpA has wrapped up two significant risk transfers tied to corporate loans worth about $4.8 billion as it takes advantage of robust demand to make greater use of the hedging tool.
Fed Must Signal Commitment to Inflation, Schmid Says
Federal Reserve Bank of Kansas City President Jeff Schmid said officials should make it clear they’re willing to do what is needed to achieve price stability. “We must continue to signal our commitment to price stability and our willingness to take the actions necessary to achieve our mandate,” Schmid said Friday at a conference in Reykjavík, Iceland. (Source: Bloomberg)
From Compliance To Connection: Building Trusted Supplier Communities
InnovationFrom Compliance To Connection: Building Trusted Supplier CommunitiesByDawn Andre,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 29, 2026, 07:15am EDTDawn Andre is Chief Product Officer at Avetta, helping companies build safer, more secure and more sustainable supply chains. gettyIn my previous article, I spoke directly to business lea...
20% of small businesses losing up to £17k due to one common experience
20% of small businesses losing up to £17k due to one common experienceA fifth of small businesses in the UK have reported experiencing one frustrating thing. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Grace Piercy, News Reporter 12:13, Fri, May 29, 2026 Updated: 12:13, Fri, May 29, 2026 Small businesses report frequently experiencing design theft (Image: Getty) This article contains affiliate links, w...
What Foot Locker Results Tells Us About Dick’s Vision For The Brand
BusinessRetailWhat Foot Locker Results Tells Us About Dick’s Vision For The BrandByMark Faithfull,Contributor.Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Follow AuthorMay 29, 2026, 07:07am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Dicks Sporting Goods has big plans for Foot Locker but investment weighed on the bottom line. Phot...
Aluminum Squeeze Deepens as Spreads Tighten and Inventories Drop
The aluminum market is facing a deepening shortage as the closure of the Strait of Hormuz throttles supply, with spot prices for the metal spiking while exchange inventories slump.
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