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Last updated: May. 08, 17:28
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Big Tech’s $725bn AI spending spree sends free cash flow to a decade low
Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors
By FT
Financial Times,  May. 08, 2026    E-mail this to a Friend
Bank of Mexico Ends Easing Cycle With Interest-Rate Cut
The central bank reduced the overnight interest-rate target by a quarter of a percentage point to 6.5%, a four-year low
By Anthony Harrup
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Corporate Card Startup Ramp Raising Funds at $40 Billion Valuation
The financing target represents a more than 30% increase from six months ago
By Kate Clark
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Trump and Brazil’s Lula Seek Reset, Easing Diplomatic Rift
After months of friction, the Brazilian leader tries to keep the U.S. president from backing right-wing candidate in October’s presidential election
By Samantha Pearson, Vera Bergengruen and Natalie Andrews
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
In Rome, Rubio Tries to Calm Waters After Trump-Pope Tensions
The secretary of state was expected to defend U.S. foreign policy in meetings with the Vatican and Italian leaders
By Marcus Walker and Robbie Gramer
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Anthropic weighs deal for near $1tn valuation as revenue surges
Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value
By FT
Financial Times,  May. 08, 2026    E-mail this to a Friend
ECB’s Next Move Should Be Guided by the Data, Not the Date, Villeroy Says
Officials will focus on prices excluding energy, inflation expectations and wages, he says
By Paul Hannon
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Jet-Fuel Prices Are Spiking and Trump’s Advisers Are Worried
Administration officials have spoken to the airline industry, which has voiced concerns about the rising costs
By Brian Schwartz and Alison Sider
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
India Is Increasingly Ruled by a Single Party—Modi’s
Voters eager for change give the Hindu nationalists a landslide win in a key state where they had never before ruled
By Tripti Lahiri and Krishna Pokharel
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
U.S. and China Pursue Guardrails to Stop AI Rivalry From Spiraling Into Crisis
Washington and Beijing recognize that powerful AI models could trigger crises neither side is prepared to manage
By Lingling Wei
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Sweden’s Riksbank and Norway’s Norges Bank Take Diverging Paths
Riksbank policymakers said they remained vigilant and were prepared to act rapidly if inflation increased
By Dominic Chopping
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Eurozone Retail Sales Soften as Shoppers Feel Energy Pinch
However, the data for March was unlikely to capture the full extent of the energy-price shock
By Don Nico Forbes
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Gulf States Lift Restrictions That Blocked ‘Project Freedom’ in Strait of Hormuz
Decision to restore access to bases and airspace paves way for U.S. to resume operation to guide ships through waterway
By Lara Seligman, Summer Said, ShelHolliday and Costas Paris
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
Putin’s Strongman Image Is Fading as Ukraine Brings War Home to Russia
Russian president’s ‘Victory Day’ cult backfires as conflict drags on longer than Soviet battle against Nazis
By Yaroslav Trofimov
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
U.K. Immigration Official Convicted in Landmark China Spying Case
The official was one of two men found guilty of helping China spy on dissidents in the U.K.
By Max Colchester
The Wall Street Journal,  May. 07, 2026    E-mail this to a Friend
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