IAG shares are falling because the British Airways owner has warned that higher jet fuel costs, linked to the Iran war and wider oil-market pressure, will cut into profit, capacity growth and free cash flow. The group now expects its 2026 fuel bill to reach about €9.0bn, leaving investors to judge how much of that…
Western Europe’s banks were well capitalized, digitally evolving, and strategically acquisitive—despite rate headwinds. After the exceptional windfall years of 2022 and 2023, when aggressive rate hikes fattened net interest margins, most Western European banks had a strong 2024, particularly the larger players with extensive branch networks and franchises. Fast forward to 2025, and a more…
<script type=”importmap”> Import Maps are pretty great! You get to write import thing from “place”; and then you get to map what you mean by “place”. You could map it to a file in your project somewhere, that way you’ve got one place to update it and update it everywhere that imports it. Or you…
It’s been four months since the US captured Venezuelan President Nicolás Maduro and brought him to the US to stand trial. His vice president, Delcy Rodríguez, is now in charge, but the Trump administration has been largely silent on what comes next for the country. In the meantime, Missy Ryan, a staff writer at the…
Brian Chesky received $242,122 in 2025 reported compensation as Airbnb’s co-founder and CEO, but that number barely explains his wealth. A reasonable current estimate for Chesky’s net worth is $9.5 billion to $12.5 billion, with the clearest evidence sitting in Airbnb’s proxy filing, his disclosed shareholding and the company’s latest share price. Airbnb’s 2026 proxy…
Home Private Credit Suntera’s Von Bevern on the ‘Speed’ Advantage of Private Credit Michael Von Bevern of Suntera breaks down how private credit lenders are faster and act more like business partners than banks in a tightening global market. As traditional banks continue to retreat from risk, private credit is stepping in to provide the…
Disney reported $25.2bn in quarterly revenue and $1.57 adjusted earnings per share, sending its shares higher even as attendance at its US parks slipped. Investors looked past the weaker footfall because Disney made more money from the customers it still had, while streaming, cruises and stronger earnings guidance gave the market a wider profit story….
“I bring some bad news and good news,” said Rosalia Lloret, Senior Advisor to the President, elDiario.es. The bad news, she added, is that “the AI platform economy is shaking to its core” and the media industry is under sustained pressure. At our recent Digital Media Asia conference in Manila, across the sector, she said,…
Earlier this spring Canada hosted representatives from 18 countries to establish the Defence, Security & Resilience Bank (DSRB). The initiative aims to create a multilateral AAA-rated bank that can provide loans to allied governments and allow countries to borrow directly from the institution at a lower cost. Backers of the proposed DSRB want it to…
Despite the US and Iran exchanging fire and new missile attacks aimed at the United Arab Emirates this week, the Trump administration maintains that the ceasefire that began in early April is still in effect. Iran’s attacks on commercial and US Navy ships are still “all below the threshold of restarting major combat operations at…