Vanguard and Victory Capital bet on scale as fund industry consolidates

Asset management deal volumes have reached $53.8bn this year, the highest since at least 1995 according to Dealogic

Posted on Wednesday August 26, 2026

Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’

TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams

Posted on Wednesday August 26, 2026

Macquarie dumps KPMG after Australian data scandal

PwC retains Australia’s most lucrative audit contract after reversal by financial services group

Posted on Wednesday August 26, 2026

Liquidators can pursue PwC globally over Chinese property giant’s collapse, court rules

Hong Kong decision has potential to threaten Big Four firms’ partnership network model

Posted on Wednesday August 26, 2026

Shein: from TikTok haul to IPO stall

The fast-fashion retailer is preparing to list in Hong Kong at a quarter of its peak valuation

Posted on Wednesday August 26, 2026

Nvidia projects 70% sales growth next year as AI boom shows no sign of slowing

Chip giant’s data centre division grew 117% last quarter as clients race for computing power

Posted on Wednesday August 26, 2026

Anthropic agrees $45bn AI data centre deal with UK start-up Nscale

Claude maker is rushing to secure computing capacity to run and train its latest models

Posted on Wednesday August 26, 2026

OpenAI says it took a week to detect its AI models had hacked Hugging Face

Start-up says AI agents communicated among themselves and sometimes tried to conceal efforts to cheat during testing

Posted on Wednesday August 26, 2026

US designates Palestine Action a ‘terrorist group’

Trump administration puts UK group under sanctions just over a year after it was proscribed in Britain

Posted on Wednesday August 26, 2026

What businesses can learn from Dollynomics

Parton will be remembered mostly for her records, but she was also an entrepreneur

Posted on Wednesday August 26, 2026