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Millions of US tax dollars sent to rightwing European thinktanks. Did any Trump supporters vote for that? | Arwa Mahdawi
It’s a great betrayal: poor communities neglected while multimillionaires peddle a global Maga agenda. How is that America first?“THE CORRUPTION IS AT LEVELS RARELY SEEN BEFORE,” Donald Trump posted on Truth Social in February 2025. He was not referring to his own administration, but to the US Agency for International Development (USAID). “CLOSE IT DOWN!” the president added.Just a few hours later USAID was in effect closed down, with most of the staff placed on indefinite administrati
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Two bidders are better than one. But easyJet’s exit is depressing for the London market | Nils Pratley
Once again a mispriced share price created opening for US raiders to rush inUS private equity firm Apollo enters easyJet bidding warWill any remaining bidders for easyJet please make their way to the boarding gate? In reality, we’ve probably seen the whole cast at this point because the arrival of US private equity firm Apollo, trumping Castlelake’s offer, is a surprise. But the outbreak of a competitive auction will come as a relief to easyJet’s board.For all the fake drama of Castlel
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South Korea chip maker SK hynix rides AI boom raising $26.5bn in huge US listing
SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s biggest ever stock sales.The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Street’s tech-heavy Nasdaq index later in the day. Continue reading...