Market News Today — AI-Curated Stock & Crypto Headlines

Private equity’s tempest in a teapot

CVC and KKR are facing the prospect of extended ownership of food businesses they acquired from Unilever

UAExit adds momentum to the Opec doom loop

The Emirates’ departure reflects the cartel’s declining market share and the ongoing energy transition

AI companies are just companies

As we leap into a new technological age, the old rules of capitalism still apply

Does trade cause peace? Ask an economist

Researchers have been trawling history to measure the pacifying effects of moving goods around

Prices in Iran climb as war rattles economy

Inflation has hit 50% during conflict while many expect Strait of Hormuz stand-off to exacerbate stagnation

KKR explores $10bn sale of ex-Unilever spreads business

Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based

UAE withdrawal from Opec reopens rift with Saudi Arabia

After putting on a united front during the Iran war, the Gulf’s most consequential rivalry has burst into the open …

Russia loses its way in the Sahara

Losses to Malian militants by Wagner Group’s successor call into question future of Moscow’s military adventurism in Africa

Half of ‘long shot’ Polymarket bets on military action are successful

High rate of winning wagers likely to add to concerns that sensitive information can leak on prediction markets

Jet fuel crisis lays bare faultlines in US airline industry

Delta and United cement dominance as low-cost carriers rue post-pandemic splurge on aircraft

Google outpaces rivals as Big Tech’s AI spending plans rise to $725bn

Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft

Novo-Backed Drugmaker Avalyn Raises $300 Million in Upsized IPO

Avalyn Pharma Inc., a biopharma company developing inhaled treatments for rare lung diseases, raised $300 million in a US initial …