Private equity’s big tax perk is the one that got away — again

The EU is set to unveil plans to enhance its quantum computing sector by pooling funding and expertise, addressing financing gaps that hinder market opportunities for European start-ups. This initiative, part of the upcoming seven-year budget, aims to strengthen the region’s technological sovereignty and competitiveness in critical technologies like quantum and AI, while also supporting research through Horizon Europe and a new Scale-Up Europe Fund. Explain It To Me Like I'm 5: The EU is...

Denmark's EU presidency begins with a focus on enhancing security and economic competitiveness, as Minister Marie Bjerre emphasizes the need for a stronger defense and streamlined regulations for businesses. Meanwhile, protests against Serbian President Vučić's government escalate, with demands for early elections amid growing tensions and violence following a tragic train station collapse. Explain It To Me Like I'm 5: SummaryDenmark has begun its six-month EU presidency, focusing on improving Europe's security and economic competitiveness,...

Sean Combs, a major figure in New York's music scene for over 30 years, is currently on trial for sex trafficking and racketeering, facing accusations of coercing women into sex through threats and violence, which he denies. Despite the high-profile nature of the case and jurors' prior knowledge of the allegations, the selection process aims to ensure a fair trial. Explain It To Me Like I'm 5: Sean Combs, a famous music mogul known as...

SINGAPORE: Prices for public resale flats rose 0.9% in Q2 2025, the slowest growth since Q2 2020, with 6,981 transactions recorded. HDB advises prudence amid a moderating economy, while supply increases from upcoming BTO launches may temper future price spikes. Explain It To Me Like I'm 5: In Singapore, the prices of homes that people sell to each other are going up more slowly now, and there will be more new homes available soon, which...

Tourism Minister Reece Whitby has declined to address inquiries regarding the $60 million deal to establish a new NRL team in Perth, prompting the Opposition to suggest tourism officials were excluded from the process. During a Budget estimates hearing, Whitby redirected questions to Sport and Recreation Minister Rita Saffioti, emphasizing that the decision-making falls under the sporting division. Explain It To Me Like I'm 5: Tourism Minister Reece Whitby is not answering questions about a...

As belly dancing becomes popular worldwide, young Egyptian dancers like Safy Akef and Safaa Saeed strive to reclaim its cultural significance at home, countering decades of stigma. Led by choreographer Amie Sultan, they aim to restore respect for the art form, promote its roots, and seek UNESCO recognition, while challenges remain in gaining acceptance within conservative society. Explain It To Me Like I'm 5: Young Egyptian belly dancers are working hard to make their art...