Darie Nani
Editor-in-Chief·Founder, Sovereign Magazine
Aiming to inform, educate and sometimes amuse.
Visit website →Articles by Darie Nani(1637)
MarketsForeign Investors Holding RMB2 Trillion of Chinese Government Bonds Now Have an Offshore Hedge
Hong Kong's regulator said in November 2023 that China treasury bond futures would come to the city, and the five-year contract began trading on Monday with 13 liquidity providers behind it and two fee waivers running into 2027.
·3 min read
PoliticsOne in Three Californians Has Heard Nothing About the Colorado River Drought
Federal rules governing Lake Powell and Lake Mead expire at the end of this year, and new polling across the seven basin states found Californians the least likely to have heard anything at all about the drought.
·4 min read
PoliticsMembers
The Pentagon Is Lending a Drone Maker $820 Million Instead of Placing an Order
Performance Drone Works, whose C100 quadcopter is cleared for US government use, would borrow the money under rules that bar the Pentagon's credit office from financing anything with no civilian use.
·1 min read
MarketsElectronic Arts Leaves the S&P 500 the Morning After Its Buyout Is Due to Close
Both of this week's index changes are timed to a corporate action: ADI Global Distribution joins the S&P SmallCap 600 on August 4, the day Resideo completes its spin-off.
·2 min read
EU FocusEurope's Proposed Company Car Targets Would Fall on Leasing Firms, Not Their Customers
The Commission's draft names vehicles registered by leasing and rental companies first among the fleets it wants electrified, and BNP Paribas' Arval has just taken over Mercedes-Benz Group's Athlon to reach a combined fleet the bank puts at 2.3 million vehicles.
·5 min read
Science & TechNonexistent Citations Are Entering the Scientific Literature Faster Than Journals Catch Them
An audit of 111 million references across four research archives estimates, conservatively, 146,932 nonexistent citations in 2025 alone.
·3 min read
PoliticsSubminimum Wages for Workers With Disabilities Are Still Legal After a Withdrawn Federal Rule
The Labor Department proposed phasing out the certificates in December 2024, then dropped the plan in July 2025 after concluding that the 1938 statute requires it to provide for them.
·5 min read
Artificial Intelligence, StartupsMEP Engineering Startup Endra Opens in New York, San Francisco and London as Construction Runs Out of Engineers
The Stockholm company has raised $75 million in 13 months, including a $50 million Series A led by Andreessen Horowitz, and says its AI platform cuts electrical design work that takes engineering teams two months to under a day.
·5 min read
NetworkingThe Business Show London Returns to ExCeL on 11-12 November With 500 Exhibitors and Free Entry
Organisers expect 25,000 SME owners and founders at the two-day event, where speakers from Google, HelloFresh and HSBC join a programme built around funding, AI adoption and a speed networking format that promises 60 contacts in an hour.
·2 min read
MarketsData Center Leases Have Become One of the Fastest-Growing Corners of the Bond Market
Cloud Capital has set up a master trust so it can issue against its data centers repeatedly, starting with $520 million secured on one 80 MW building in Northern Virginia.
·3 min read
Green TechFusion's Next Test Is an Engineering Queue That Runs Four to Six Years
Commonwealth Fusion Systems applied to connect a 400 megawatt plant in Chesterfield County, Virginia to PJM in April 2026, and has since raised $1 billion more to finish the machine the design depends on.
·3 min read
MarketsMembers
The Faster Route Into Lloyd's Comes With a Size Cap and a Catastrophe Limit
Greenlight Capital Re has spent four years underwriting inside those constraints, and from January 2027 its Syndicate 3456 becomes a full Lloyd's syndicate.
·1 min read
Green TechMembers
American Households Can Now Buy a Certified Plug-In Solar Kit for Under $300
Utility rules written for rooftop systems, and the absence of any safety standard for consumer-installable panels, kept a technology Germany installs by the hundred thousand off the American market.
·1 min read
Supply ChainsMembers
A US Technology Company Has Bought a Quarter of Europe's First Gallium Output
METLEN plans about 50 tonnes of gallium a year at its Greek alumina refinery from 2027, and a quarter of that is committed years before the line reaches full production.
·1 min read
Science & TechMembers
Encrypted AI Inference Now Has a Benchmark Anyone Can Rerun
The Korean company DESILO wrote the reference implementation, which runs BERT-Base on data it never decrypts in about two minutes on a single GPU.
·1 min read
Supply ChainsMembers
The Mint in Europe's Chewing Gum Now Comes From Uttar Pradesh
Nine years after Mars started paying to fix mint farming in northern India, the menthol from those fields has reached its factories in Britain and Poland.
·1 min read
Artificial IntelligenceMembers
AI Agents Can Now Call People From Your Own Phone Number
The constraints are the interesting part: three calls an hour, a disclosure the agent cannot skip, and a do-not-call list it can never write itself off.
·1 min read
Artificial Intelligence, StartupsAI Shopping Engine Onton Launches Ontology 1 as a Trust Layer for Agentic Commerce
The San Francisco company says its from-scratch model beat Google Shopping and Amazon on accuracy in head-to-head benchmarks, with the widest margin on judging whether the information attached to a product can be trusted.
·5 min read
Artificial Intelligence, StartupsSupply Chain AI Startup Freehand Raises $75 Million to Replace Outsourced Teams Running Fortune 500 Spend
Battery Ventures and NewRoad Capital Partners co-led the round, with Penny Pritzker's PSP Growth taking part, behind agents that negotiate rates, enforce contracts and pay invoices inside customers' own systems.
·5 min read
StartupsMembers
Prediction Market Traders Have Started a Newsroom of Their Own
Eventual runs a daily Substack and a twice weekly show on a Polymarket data partnership, and its contributors are working traders rather than staff reporters.
·1 min read
BusinessMembers
The Micro-Firm Recycling Exemption Ends in March 2027, and Multi-Site Owners Never Qualified for It
Every workplace in England already has to separate dry recyclables, food waste and residual waste, and the headcount that decides whether a business still has until 2027 is counted across the whole organisation rather than site by site.
·1 min read
Green TechMembers
Filtering Forever Chemicals Out of Water Does Not Destroy Them
A Minneapolis company spun out of the University of Minnesota has raised $55 million to sell the step that comes after removal, and its chief executive spent more than two decades at 3M before she started taking apart the chemistry that industry helped create.
·1 min read
Science & TechMembers
293 Identity Vendors Now Have Free Scorecards, and the Scoring Matrix Is Public
Start with Identity, set up by LoginRadius founder Deepak Gupta, rates every product across ten capabilities and says which buyers each tool is wrong for.
·1 min read
Artificial Intelligence, StartupsThis Chip Startup Builds AI Models Directly Into Its Silicon
Taalas has raised $219 million to make the HC1, a processor with Meta's Llama 3.1 8B fixed in its circuits and a claimed 17,000 tokens a second per user.
·5 min read