World

Regularly updated news on the global economy and politics from our team and Bloomberg and The Economist.
X and xAI megdeal breaks Wall Street’s rulebook
Technology

X and xAI megdeal breaks Wall Street’s rulebook

The merger is still raising dealmakers' eyebrows.

Canadian company buys majority stake in Serato for $116.9m
News in Brief

Canadian company buys majority stake in Serato for $116.9m

Canadian technology holding company Tiny has announced a 66% acquisition of DJ software company Serato for US$66 million (NZ$116.9m).Tiny has agreed to acquire the majority stake in Serato, payable through a combination of cash and Class A common shares. The deal valued the compa...

Staff reporters 01 Apr 2025
World economies brace for Trump tariffs ahead of deadline
AFP

World economies brace for Trump tariffs ahead of deadline

The uncertainty was roiling markets.

AFP 01 Apr 2025
How to make 267% – or lose 90% – on treasury bonds
Investments Opinion

How to make 267% – or lose 90% – on treasury bonds

Extra-touchy funds come in two basic forms: leveraged and inverse.