Capital Brief — Business news and politics for the new economy
WEBGet Capital Gains in your inbox. Sent weekly. Capital Brief covers business and politics news for those shaping the new Australian economy: founders and executives who need capital to grow their businesses, the people who help them get it, investors who allocate it, and decision makers in the federal capital, Canberra.
Morgans predicts oil supply balance deficit in 2H 2024
WEB6 hours ago · The news: Morgans analysts predict the oil market will enter a supply balance deficit before the end of the year, as supply fails to keep pace with higher-than-expected demand. The numbers: The analysts said the oil market "may be pricing in some demand destruction", but if that does not materialise they expect Brent oil to recover to over US$80 ($117.50) per barrel in the next one to three ...
US jobless claims unexpectedly drop in resilient market
WEB17 hours ago · The news: US weekly jobless claims fell by 12,000 to 219,000 for the week ending 14 September, the lowest level since May, the Labor Department said. The numbers: The data came in below expectations, with economists polled by Reuters predicting 230,000 claims.Continuing claims, a measure of ongoing benefits, dropped by 14,000 to 1.829 million, the lowest in three months.
Microsoft, BlackRock to launch US$30b AI infrastructure fund
WEB2 days ago · The news: Global investors BlackRock, Global Infrastructure Partners (GIP) and MGX have joined with tech giant Microsoft to launch a new artificial intelligence partnership, with plans to invest in data centres and support power infrastructure. The numbers: The investment vehicle, known as Global AI Infrastructure Investment Partnership (GAIIP), will initially seek to unlock US$30 billion ($44 ...
Scarcity formally snaps up Dinimus stake in private credit play
WEB12 hours ago · Jack Derwin 5:00am on 20 September 2024. Dinimus managing partners Adam Howell, Ryan Donnar and Atiya Habib. Supplied. Sydney 'GP staking' firm Scarcity Partners has officially joined the stampede into the booming private credit sector after securing an equity stake in non-bank funder Dinimus Capital for an undisclosed sum.
FTC slams tech giants for AI, data surveillance practices
WEB13 hours ago · The news: Social media companies’ monetisation of personal data has created a market for commercial surveillance via social media and video streaming services, with “woefully inadequate” practices and without guardrails to protect consumers. That is the message from a report by the US Federal Trade Commission (FTC) after it reviewed the practices of Facebook’s parent Meta, WhatsApp ...
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WEBUS, UK sanction Iran for supplying missiles to Russia. 11 September 2024. Next page. Business news including Greens to propose $50m fines for price gouging, Labor to introduce revamped misinformation bill, Labor unveils its privacy and doxxing plans.
Finance and markets — Capital Brief
WEB2 days ago · Bronwen Clune · 9 September 2024. Next page. The latest finance and markets news from Capital Brief, including banking, deals, ESG, funds management, investment banking, infrastructure, markets, private equity, professional services and venture capital coverage.
Technology and startups - Capital Brief
WEB2 days ago · EML Payments sells Sentenial business for $53.4m. The latest technology news from Capital Brief, including artificial intelligence (AI), big tech, consumer tech, cybersecurity, enterprise tech, venture capital and startup coverage.
Financial services - Capital Brief
WEB2 days ago · Regal pulls in $59 million in performance fees. Financial services news including Microsoft, BlackRock to launch US$30b AI infrastructure fund, JPMorgan eyes Apple’s credit card takeover from Goldman: WSJ, Andrew Hagger launches family office advisory Famille Capital.
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