How a Gen Zer built a $3.7 billion defense tech startup backed by Sequoia
Hi, it’s Preston Fore, in for Allie. Earlier this month, defense tech firm Mach Industries raised $600 million…
Moody’s lowers growth outlook over heightened risk of conflict, ‘weakened institutions’
Credit rating agency Moody’s has lowered the growth forecast for Israel’s economy, citing concerns over heightened defense spending…
Gilts Slump in Anticipation of Burnham Challenge to Starmer
(Bloomberg) — UK government bonds tumbled after Manchester Mayor Andy Burnham secured a pathway to potentially challenge Keir…
The Iran War Is Another Reason to Quit Oil
And consumers have responded. In the first two weeks of the war, there has been a surge in…
The World’s Copper Squeeze Is Set to Intensify on AI and Defense Spending, S&P Says
(Bloomberg) — The race for artificial intelligence and surging defense spending are set to intensify a projected shortage…
AI to boost copper demand 50% by 2040, but more mines needed to ensure supply, S&P says
Jan 8 (Reuters) – Growth in the artificial intelligence and defense sectors will boost global copper demand 50%…
Leonardo Unveils AI-Driven Dome System to Defend Cities
Leonardo SpA unveiled an integrated defense system that uses artificial intelligence to neutralize a range of threats, from…
Japan’s Ruling Bloc Partner Warns Against Mixed-Message BOJ Hike
A Bank of Japan move to raise interest rates at a time when the government is calling on…
Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of…
Euro-Zone Business Activity Unexpectedly Hits Highest Since 2024
Business activity in the euro area unexpectedly reached its highest level since May 2024 as outperformance by Germany…
Fail fast, fight smarter: Silicon Valley’s startup mentality is rewiring the Pentagon
Long known for its massive scale and bureaucratic complexity, the Pentagon is slowly transforming itself into a more…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…