Tuesday 6 October
Top stories of the day. Go to today's brief →
The Dutch government is under scrutiny as it navigates a transition toward taxing actual returns on wealth. Financial experts are holding a live forum to address the complexities of this new box 3 capital gains tax, which remains a source of significant anxiety for savers and investors alike. Read more →
In a deal valued at $110 billion, Skydance has finalized its acquisition of Warner Bros. Discovery. The merger creates a Hollywood behemoth, though it leaves the new entity grappling with a hefty debt pile and looming questions about the future of CNN. Read more →
The IMF is sounding the alarm over the rapid expansion of the hedge-fund industry, which now commands $13 trillion in assets. Regulators fear that the sector’s aggressive use of leverage poses a systemic threat to global banking stability, necessitating much stricter oversight. Read more →
In a stern signal regarding royal finances, King Charles has blocked Prince Andrew from tapping into royal funds for his legal defense. The former prince remains embroiled in a high-stakes legal battle, as he fights search warrants related to his ties to Jeffrey Epstein. Read more →
The European Union faces a bitter internal standoff as member states debate the next long-term budget. Wealthier net-contributor nations are balking at demands for higher spending from recipient countries, exposing a deep rift over the bloc’s financial future. Read more →
Compiled by AI from the most important headlines of the 24 hours before.