Author: Charlotte

Alan Cumming as Leo Struthers | Image: © Channel 4/Ben Blackall 4 min read40 min Brilliantly scripted, with standout performances, this dark new drama from the pen of Russell T Davies is a wake-up call to the erosion of LGBT+ rights and the corrosive impact of social media While I’m a massive fan of Russell T Davies, I’ve been putting off watching his latest drama for Channel 4, Tip Toe. Partly because I’ve not entirely recovered from the emotional onslaught that was It’s a Sin and its perfectly styled period piece exploration of the 1980s Aids…

D.E. Shaw, the quantitative hedge fund powerhouse managing over $90 billion in assets, is doing something that sounds counterintuitive in an industry obsessed with gathering more capital: telling investors to stop sending money. The New York-based firm is closing its Valence and Multi-Asset hedge funds to new investments, effective at year-end. Both funds held less than $10 billion each in external capital. At the same time, D.E. Shaw is tightening the exit doors on its two flagship vehicles, making it harder for existing investors to pull their money out. The details behind the closures Investors in the Composite fund will…

China’s economic performance in May indicates growing unevenness, with mixed signals coming from various sectors. Industrial output rose 4.5% year-on-year, surpassing expectations, yet retail sales saw a 0.6% decline, marking the first drop since December 2022.The export sector’s gains, bolstered by global AI investment, haven’t translated into increased domestic consumption. The auto industry further exhibited sluggish demand, experiencing its eighth straight month of declining car sales, even as labor-focused holidays failed to revive consumer activity.Data points to deep-rooted imbalances within China’s economy, as factory-gate inflation climbs and consumer inflation stays stagnant. Investment has also weakened considerably, with property investments plunging.…

Private equity execs warn law and accountancy most vulnerable to AI Business Post Source link

Several Asia focused hedge funds have posted exceptional returns this year as the region’s AI-driven stock market rally continues to gather pace, Reuters reported. Hong Kong-based WT Asset Management led the gains, with its China Focus long-short strategy returning 103% through May, while its long-only strategy gained 67.5%. The performance was driven by investments in AI-related hardware, semiconductors and Chinese technology companies. Other strong performers included E20 Capital, which returned 136% in the first five months of the year, and technology-focused Trivest Advisors, which gained 88.9%. The rally has been supported by soaring Asian equity markets, with South Korea, Taiwan…

While the fixed income space in mutual funds (MFs) offers a whole range of investment options, the returns from schemes haven’t been spectacular in recent months. Though most fixed income categories that invest in the Indian debt market have given lacklustre performance, MF schemes that have exposure to US Treasury bonds emerged as the top performer among debt funds on the back of a weak rupee and stable returns from the US debt market.MFs that invest in international FoFs (Fund of Funds) with direct exposure to US Treasury bonds have gained 5.4% so far in 2026 and 14.4% over the…

Stockport-based sweet treat specialist Silver Apples Bakery has secured a new supply deal with speciality coffee group 92 Degrees. The partnership represents the latest stage of growth for the bakery business, which supplies independent cafés, hospitality venues and multi-site operators in the UK with the likes of cookies, muffins, traybakes, and cronuts. Since being co-founded by sisters Sarah Hanley and Kate Ward in 2008, Silver Apples has continued to expand its wholesale operations whilst maintaining a focus on handmade production and quality ingredients. It currently employs 14 staff members at its 3,500 sq ft facility on Waterloo Industrial Estate. The range being…

BAKU, Azerbaijan, June 16. Strong macroeconomic indices and stable investments boost the Azerbaijani economy, Azerbaijani Economy Minister Mikayil Jabbarov said at the event “Azerbaijan Investment Outlook Session” held within the framework of the Annual Meeting of the Islamic Development Bank (IsDB) Group in Baku, Trend’s correspondent reports from the event. According to him, Azerbaijan is not only a market with high potential, but also acts as a reliable regional platform where investment opportunities, ideas, and human capital meet. The minister noted that long-term investment is primarily built on trust and confidence. According to him, Azerbaijan offers a stable and sustainable…

Bitcoin’s BTC$66,557.83 drop below $60,000 earlier this month spurred investors to pile into the largest cryptocurrency, with almost 260,000 BTC bought over 10 days and one measure of demand increasing to its highest possible level.Investors have bought a net 259,298 BTC since June 5, paying between $59,000 and $67,000, according to Glassnode UTXO Realized Price Distribution data. Glassnode’s Accumulation Trend Score by Wallet Cohort, which measures the relative strength of purchasing fervor based on both the size of buyers and the amount acquired over the previous 15 days, stands at 1.0, the top reading.Buying has been broad-based across wallet cohorts,…

Danish pharmaceutical giant Novo Nordisk A/S disclosed that it recently identified an IT security incident involving unauthorized access to a limited number of internal IT systems, resulting in exposure of certain personal data and external copying of non-public information. The company launched an investigation with assistance from external cybersecurity experts and is working with relevant authorities as it assesses the scope of the breach.  As part of its response, Novo Nordisk temporarily took certain internal systems offline and is gradually restoring them in a controlled manner. The company stated that its core business operations remain unaffected, though the incident affected…