The real risks for investors after the rise of the extreme right in Europe

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. The writer is head of policy research at Algebris Investments Does the success of far-right politics threaten the European economy and its appeal to international investors? That’s the question investors seem to be asking in … Read more

Astronomers see a supermassive black hole awaken in real time | CNN

M. Kornmesser/ESO An artist’s illustration shows a massive black hole awakening at the center of a distant galaxy. The black hole pulls in a growing disk of material as it feeds on surrounding gas, making the galaxy brighter. Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news about fascinating discoveries, scientific … Read more

Despite a rocky start, ROG Ally turned portable PCs into real competition with Steam Deck

ROG Ally celebrates its 1-year anniversary today, June 13, 2024. Below, we look back at how it overcame its launch problems to become a viable Steam Deck competitor, and a sign of just how open the portable PC market can be. Considering how much the portable gaming PC market has exploded since Valve launched the … Read more

British housebuilder Crest Nicholson is making losses due to problems in the real estate market

British housebuilder Crest Nicholson has plunged into the red and cut its dividend, highlighting the problems in the British property sector. The FTSE 250 company warned for the fourth time in a year that profits would be below expectations and said it was still hurt by volatile mortgage rates and slowing demand in the housing … Read more

Job losses at Tata are starting to become real, says Port Talbot employee – BBC News

Image caption, Tata UK posted a loss of £364 million in 2023-2024 Item information Author, Steve Duffy Role, BBC news 53 minutes ago Threatened job cuts at the Tata steelworks in Port Talbot are ‘a big blow’, an employee says. Jamie Jones, 45, who has worked at the site since he was 17, said concerns … Read more

Is Apple about to finally launch the real Siri?

When Apple first launched Siri alongside the iPhone 4S in 2011, the company created a series of very convincing ads showing how you could use this newfangled voice assistant thing. In one, Zooey Deschanel asks her phone about tomato soup delivery; in another, John asks Malkovich for existential life advice. There’s also one where Martin … Read more

The real ‘Star Trek’ planet was actually just an illusion caused by a ‘nervous’ star

a mottled brown planet orbits a fiery orange star. thousands of stars dot the background

An extrasolar planet that has been compared to Spock’s homeworld of Vulcan in the Star Trek franchise may have been nothing more than an illusion caused by a jittery star. The extrasolar planet or ‘exoplanet’ (a term for a planet outside our solar system) was proposed to orbit a star called 40 Eridani A or … Read more

Starwood Capital is limiting redemptions at its struggling $10 billion real estate fund

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A $10 billion real estate fund managed by Barry Sternlicht’s Starwood Capital is strictly limiting its investors’ ability to exit their investments as it preserves liquidity and avoids a massive asset sale in what the … Read more

PwC is facing a crisis in China over the audit of failed real estate giant Evergrande

PwC is facing a crisis in China as partners brace for fines over the audit of bankrupt property developer Evergrande and some clients reconsider their relationships with the accounting firm. China’s securities regulator ruled in March that Evergrande had inflated its mainland revenues by nearly $80 billion in the two years before the developer defaulted … Read more