Reuters Exclusive: Weinstein’s Saba is selling credit derivatives on big tech companies as AI risks rise, source says

Reuters reports: Boaz Weinstein’s Saba Capital Management has sold credit derivatives in recent months to lenders looking for protection in big tech names like Oracle and Microsoft due to concerns about the debt-financed AI investment frenzy, a source told Reuters. Banks sought to protect their exposure to potential losses by buying credit default swaps (CDS)…

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Leveraging artificial intelligence and data analytics to improve cross-border trade

Cross-border trade has always been the backbone of global economic growth, connecting businesses and consumers across continents. However, managing international trade is often complex, and involves logistical challenges, regulatory barriers, and market fluctuations. In today’s digital age, artificial intelligence (AI) and data analytics are changing the way global trade works. These technologies enable smarter decision-making,…

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Dutch law allows provinces to form operating companies

The new law allows provincial governments to create local public transportation companies. The Netherlands passed legislation allowing provincial governments to establish their own public transport companies on November 4. The new law, sponsored by MPs Habtamu de Hoop and Olger van Dijk, passed through the Dutch parliament, despite opposition from the outgoing government. It allows…

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