Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout

Investors say the hedge fund deal reassured jittery traders in tech stocks

Posted on Friday July 31, 2026

Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July

Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’

Posted on Friday July 31, 2026

I helped bring in US bank stress tests. Now it is time to drop them

The time-consuming ritual risks misleading the public about the true health of the financial system

Posted on Friday July 31, 2026

Ares secures biggest flagship credit fund commitments in three years

Equity commitments from investors to private credit group up more than 40% from a year ago

Posted on Friday July 31, 2026

Taylor Wimpey cuts shareholder returns as weak housing market squeezes builders

UK housebuilder also pares guidance for home completions amid subdued sales

Posted on Friday July 31, 2026

Fifa abandons $20bn stake-sale plan after global backlash

Gianni Infantino says it was ‘clear’ project created divisions not in interest of organisation’s initial objective

Posted on Saturday August 01, 2026

Labour holds Greater Manchester mayoralty vacated by Andy Burnham

Council leader Bev Craig beats the Reform UK candidate in a second-round run-off

Posted on Friday July 31, 2026

Citadel’s swoop on Situational Awareness helped stem a $3tn AI rout

Investors say the hedge fund deal reassured jittery traders in tech stocks

Posted on Friday July 31, 2026

Amazon completes $50bn investment in OpenAI

Ecommerce giant has roughly 5% stake in AI lab after equity deal

Posted on Friday July 31, 2026

Google Earth AI tool pulled after spate of fake satellite images

Security experts say generative tools risk eroding trust in satellite images used to verify conflict damage and incidents

Posted on Friday July 31, 2026