Rich make millions by flipping private jets

Strong demand for private air travel combined with production delays boosts prices

Posted on Friday October 16, 2026

Looming UK tax rise puts bankers on edge

Financial sector’s lobbying campaign ahead of the Budget may have been hampered by divisions between large lenders

Posted on Friday October 16, 2026

Citi becomes latest US bank to restrict AI agents from accessing accounts

US lenders fear chatbots could shift billions of dollars in deposits to higher-yielding accounts

Posted on Friday October 16, 2026

Sizing CoreWeave’s ‘unlimited’ insurance capital

Quite big, but still quite far away

Posted on Friday October 16, 2026

Healey signals tax raid on banks in Budget

Chancellor points to looming ‘decisions’ as financial services sector braces for higher levies

Posted on Friday October 16, 2026

Trump exempts Russia from further sanctions mandated by new law

US president gives Putin a reprieve on threatened energy measures after cutting deal with Moscow to release diesel

Posted on Saturday October 17, 2026

Trump’s press secretary Katie Zacharia fired after five days

Exit comes amid deepening turmoil for White House as midterm elections loom

Posted on Saturday October 17, 2026

Anthropic offers Blackstone double-digit yield in latest chip financing

High borrowing costs complicate AI lab’s goal of achieving investment-grade status

Posted on Saturday October 17, 2026

Oil hits five-month high of $110 on new escalation in Middle East

Brent prices jump on reports that Saudi Arabia-led forces intercepted and destroyed missiles aimed at critical energy hubs

Posted on Friday October 16, 2026

Apple blames ‘extraordinary’ demand as foldable iPhones sell out

Deliveries of the $2,000 Duo slip to 2027 within hours of going on sale

Posted on Friday October 16, 2026