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One reason why higher rates have not crushed investment

The $4.8bn in membership fees the big box retailer took in last year drove most of its profits

Also in this newsletter: Greek parliament to approve private higher education after decades of wrangling

Also in this newsletter: The ‘Glucksmania’ revving up France’s centre-left

Banks are struggling to keep up with criminals who have access to the latest generative artificial intelligence software

We have faith in those closest to us while politicians seem increasingly distant

Also in this newsletter: The EU fights for global trade at WTO summit

The prevailing mood was to play it safe and offer an update on 1990s practicality

Famine looms for besieged enclave as inspections and security problems impede food deliveries

The German lender does not have the valuation required for all-share transactions, even after a rebound in the stock