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18.05.2026 8:50
18.05.2026 9:00
Why Investors Should Expect Lower Returns From Here Merryn Somerset Webb speaks to Pictet Asset Management Chief Strategist Luca Paolini about why markets remain remarkably resilient despite geopolitical turmoil, inflation fears and mounting fiscal risks. Paolini argues that the AI investment boom, strong corporate earnings and persistent US economic strength continue to support markets — but warns that the era of US exceptionalism may be fading, making diversification and lower long-term return expectations essential for investors. (Source: Bloomberg)

18.05.2026 9:00
18.05.2026 9:00
Britain Wants AI Sovereignty. So Why Does It Buy American Tech? The UK government has said the words “sovereign AI” more times in the past year than probably any other administration in the world. Last month, technology minister Liz Kendall said Britain “must be an AI maker, not just an AI taker.” It’s a nice rhyme, but procurement contracts show a very different reality.

18.05.2026 9:00
Britain’s Chaos Is a Big Red Flag for Europeans Ever since Keir Starmer became UK prime minister there’s been hope of a reset in relations with the European Union. His Labour government and Brussels have both rued Brexit’s economic and political costs in a more hostile Trumpian world. The prospect of the cautious Starmer being dumped as PM has if anything heightened British expectations that whichever colleague replaces him will hasten the rapprochement. Unfortunately, the country’s leadership crisis may just make things harder.

18.05.2026 9:00
No, the Iran War Won’t Ground Your European Holiday Flight My family-and-friends WhatsApp chat tracks the ups and downs of commodity markets. Whether it’s when to switch utility provider or purchase olive oil, I’m everyone’s in-house analyst. Unsurprisingly, the question du jour is whether the US-Iran war will ground European summer holiday flights. For now, the answer is no.