The carbon market - the ETS - is about to undergo a revision aimed at granting companies a larger share of free allowances to emit CO₂.

One statistic makes you think: in Italy's economic heartland, one in 12 residents has assets of more than a million euros. That's according to the latest analysis by Henley & Partners, quoted by Italian economic daily Il Sole 24 Ore, which proclaims the Lombard capital as the favorite destination of the international financial elite.

French broadcaster TF1 is reportedly preparing to sell its production subsidiary, Studio TF1 (formerly Newen Studios), for an estimated value of nearly 400 million euros. Rothschild has been retained to handle the transaction.

While tech giants have planned massive investments in artificial intelligence ($1.4 trillion by 2027), profitability has been slow to materialize and even threatens to turn into a fiasco.

To keep these costs well hidden from public view and avoid revealing the full extent of the situation, Moscow is concealing part of this spending under other budget line items.

In the span of six weeks, Elon Musk has lost nearly half his fortune. According to the Bloomberg Billionaires Index, his net worth fell from a peak of about $1,330 billion in mid-June to about $684 billion by the end of July. Despite this setback, he remains by far the richest person in the world. In fact, his fortune is still greater than that of the second- and third-richest people combined.

It was supposed to be a dream week for Leopold Aschenbrenner (24), the young Wall Street prodigy who, thanks to his AI fund “Situational Awareness,” had posted a staggering 439% return in six months. Instead of celebrating, however, this week turned into a financial bloodbath: his fund reportedly lost tens of billions and was forced to sell nearly all of its positions in publicly traded stocks.

Although a major deal has just been struck with the French film industry, that hasn’t stopped the head of Canal+ from following through on his threat: he will cut off funding to anyone in the industry who damages the group’s image.

According to Amid Faljaoui, a business columnist for the Belgian media outlet RTBF, many investors own SpaceX shares without even choosing to do so or being aware of it.

According to an analysis by The Washington Post, based on the Health and Retirement Study, experts’ financial projections significantly underestimate the actual cost of aging, support, and care for the elderly.