Andersen valued at $1.75bn in IPO for consulting spin-off of Enron auditor
Former Arthur Andersen partners raise $176mn after pricing shares at top of range
UK
China property stocks still can’t find a floor
Valuations at rock-bottom levels may tempt investors but the market shows little sign of stabilising
Could your boss be lonely? Here’s why it matters more than you might think
PeopleImages/ShutterstockLoneliness is the pain we feel when our social connections fall short of fulfilling our needs.
US banks win back right to lend more than they should
Trump has gifted lenders the freedom to make the same mistakes again
A review of the ECB’s proposed banking rules overhaul
Simplification — EU style
With UK unemployment rising, will the government’s plan for young people pay off? An economist’s view
Monkey Business Images/ShutterstockThere are nearly one million young people in the UK who are not in employment, education or traini
Teenagers are preparing for the jobs of 25 years ago – and schools are missing the AI revolution
Matej Kastelic/ShutterstockThe government has recently released its national youth strategy, which promises better career advice for young people in England. It’s sorely needed: for teenagers today, the future of work probably feels more like a moving target than a destination. Barely three years after ChatGPT went mainstream, the labour market has already shifted under young people’s feet.
Banks’ asset growth outstripped by non-traditional institutions’
Private credit groups, hedge funds and other institutions account for more than half of global financial assets
Investor group Kimmeridge offers $6bn for gas driller at centre of clash
Energy PE firm says its offer is superior to proposed fund-to-fund transfer that led to accusations of self-dealing
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