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The race is on to fight a cyber threat

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The cybersecurity community was set alight by the announcement of new cryptographic algorithms designed to protect our digital futures. Now the race is on to roll out software and hardware that will secure computers against a threat that still only exists in theory. After a six-year search, the US Commerce Department’s National Institute of Standards and Technology announced it had ...

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Private equity targets a risky stagflation bet

  While leveraged buyouts struggle, one corner of private equity just keeps on going — the pursuit of infrastructure assets such as airports, gas pipelines and broadband networks. Combine strong demand for these inflation-proof businesses with rising borrowing costs, and the risk of overpaying for deals is rising. The Italian billionaire Benetton family and Blackstone Inc clinched an agreement to ...

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Fed is not falling into emerging markets trap

  In recent months, the Federal Reserve has taken a lot of heat from asset managers for letting inflation run out of control and now risking a recession with rapid rate hikes. The chorus of complaints revolves around its perception in the marketplace. “If the Fed doesn’t do its job, the market will,” wrote Bill Ackman, founder of Pershing Square ...

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