Thomas Barnet

AI is 55% financed in a closed loop

The artificial intelligence boom partly rests on a closed loop: companies finance partners that buy their products. This insularity has fueled debate over the risks of such an ecosystem. But beyond the obvious, what are the real numbers? Economists at the Bank for International Settlements (BIS) have taken up the question.

03 October 2026 at 01:12 am AEST

Rumor of European reserve release sends oil plunging

Brent and WTI started the morning lower, although losses widened after rumors that Europe could release strategic reserves.

02 October 2026 at 07:29 pm AEST

Kering confirms a challenging end to summer for luxury

Overnight, numerous analysts cut their price targets on Kering. Generally, that is a sign of a significant event. In this case, it reflects the consequences of the conference call held by the group to frame research firms' expectations ahead of the quarterly earnings release.

02 October 2026 at 04:36 pm AEST

Gold under pressure despite intact structural support

The yellow metal has lost ground this week amid rising bond yields and renewed appetite for oil risk, without its long-term fundamentals being called into question.

01 October 2026 at 11:43 pm AEST

Vanguard Warns France on Its Debt

The US asset management giant says the deterioration in France's public finances could further drive up its debt-servicing costs. In an interview with the Financial Times, Vanguard in particular points to political risk ahead of next year's presidential election and difficulty in reducing France's deficit.

30 September 2026 at 07:03 pm AEST

Oracle Rekindles Doubts About Funding for AI Infrastructure

Oracle's force majeure notice on a massive data center in New Mexico is unnerving the markets. It comes at a time when investors are growing increasingly demanding about the risks in a sector that is extremely capital intensive.

25 September 2026 at 06:26 pm AEST

The dollar climbs towards a two-month high

The greenback retook control this week, buoyed by expectations of tighter monetary policy and a heavy geopolitical backdrop. The yen and the Swiss franc sent mixed signals on risk appetite.

24 September 2026 at 12:20 am AEST

The yen capitulates despite the BoJ

The week ended under a paradox: the Bank of Japan raised rates, and the yen still lost ground, overwhelmed by the force of US tightening and divisions within Japan's central bank.

18 September 2026 at 06:56 pm AEST

BNP Paribas pushes OVH shares to a 4-year high

BNP upgraded its rating on OVH to 'outperform', raising its price target from €7 to €22. The stock hit its highest level since mid-2022 at the close, at €17.36.

18 September 2026 at 01:52 am AEST

Hermes: Reuters reveals details of a secret deal LVMH signed in 2002

Documents reviewed by Reuters show that an agreement signed in 2002 set out LVMH's buyback of millions of Hermes shares linked to Nicolas Puech. The information adds fuel to the legal battle brought by the heir, who says he was deprived of his 6% stake in the family group.

17 September 2026 at 05:44 pm AEST

2CRSi's German contract is confirmed

2CRSi says an independent review has confirmed the validity of the 194-server order announced in June, which was challenged by Grizzly Research. The engagement confirms the sale took place, was paid in full, and was recorded in the fiscal year ended in late June.

16 September 2026 at 04:41 pm AEST

2CRSi's German contract is confirmed

2CRSi says an independent expert review has confirmed the validity of the 194-server order announced in June, which had been challenged by the Grizzly Research fund. The engagement validates that the sale took place, was paid in full and was recorded in the fiscal year ended in late June.

16 September 2026 at 03:01 am AEST

Copper turns a deeper red to start the week

Copper slipped at the start of the week, weighed on by a firm dollar and a rebound in London Metal Exchange inventories, while oil surged amid geopolitical tensions in Saudi Arabia.

15 September 2026 at 06:37 pm AEST

Capgemini, Dassault Systemes, Teleperformance... the AI casualties bounce back

Fears over the pace of AI development, stoked by executives at OpenAI, Anthropic and xAI, are knocking down some of the market's darlings and lifting companies that had been weakened by the technology.

14 September 2026 at 08:08 pm AEST

Altman, Amodei and Musk sound the alarm on AI

Artificial intelligence and semiconductor-linked stocks fell sharply Monday in Asia. The market is reacting to calls from several industry leaders to slow the development of the most advanced models.

14 September 2026 at 06:23 pm AEST

Shutdown of a Saudi pipeline threatens 4% of global oil supply

Saudi Arabia is said to have only five to seven days of inventories left at Yanbu to sustain exports. Without a quick restart of the East-West pipeline, up to 4% of global supply could disappear in the market.

14 September 2026 at 04:59 pm AEST

Euronext Opens the Door to a Tie-Up With Deutsche Börse

Stéphane Boujnah, Euronext's CEO, told the Financial Times that he is ready to consider a tie-up with Deutsche Börse, up to and including a potential merger. The deal could create a global-scale European market infrastructure, despite major regulatory hurdles.

14 September 2026 at 04:49 pm AEST

Euronext opens the door to a tie-up with Deutsche Börse

Stéphane Boujnah, Euronext's CEO, told the Financial Times he is ready to consider a tie-up with Deutsche Börse, up to a possible merger. The deal could create a global-scale European market infrastructure, despite major regulatory hurdles.

14 September 2026 at 03:09 pm AEST

US inflation accelerates, bolstering the case for a rate hike

Consumer prices rose 0.4% in August in the US, notably driven by a rebound in gasoline prices. The figures reinforce market expectations that the Federal Reserve could raise rates as soon as next week.

11 September 2026 at 11:27 pm AEST

Washington Privately Preparing for an Iran War That Could Last Years

Donald Trump's advisers have raised with the president the prospect of a conflict stretching to the end of his term, The Wall Street Journal has learned. Those discussions contrast with the White House's public statements, which continue to project confidence in a swift outcome.

10 September 2026 at 11:29 pm AEST

How the SMI lost touch with the 14,000-point threshold

In Zurich, the SMI has fallen by over 5% in a month, after setting an intraday record of 14,669 points on August 11. The slide reflects a broadly bearish global market backdrop, but also a selloff in healthcare stocks, led by Novartis.

10 September 2026 at 10:24 pm AEST