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Panama Canal operators to cut ship crossings as drought worsens
Move will affect an important route for global trade
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Global pre-Christmas trade at risk from twin canal crises
Drought in Panama and shipping attacks near Suez threaten supply chains at festive season
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Central banks and the return of the unreliable boyfriend
Their rhetoric is starting to lack credibility as powerful economic headwinds emerge
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The west wavers on Ukraine
The next week could be critical for the country’s future. Having promised open-ended support, the
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Trafigura triples payouts to staff to record $5.9bn
Commodities trader also flags slowdown as energy crisis unleashed by Russian invasion of Ukraine eases
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French AI start-up Mistral secures €2bn valuation
Eight-month-old group set to close roughly €400mn funding round as early as Friday, in new
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Building costs at deflation ‘tipping point’ says Berkeley Group
UK housebuilder says prices for materials starting to fall after period of double-digit inflation
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UK public’s inflation expectations fall to two-year low
Bank of England survey supports view that central bank will not need to raise interest
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- Investment fund questions valuations in Blue Owl’s private credit portfolio
