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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Varun Chandra to stay as Number 10 business adviser under Burnham

Former Hakluyt managing partner was instrumental in securing a US-UK trade deal

Economy Bloomberg
Ladbrokes Owner Entain to Cut 2% of Staff as UK Taxes Hit

Entain Plc will cut 500 jobs, or about 2% of its global workforce, as the gambling industry grapples with higher UK taxes, tighter regulation and …

Economy Financial Times
We need humanities more than ever in the age of AI

Subjects like literature, languages and history are vital to a thoughtful and prosperous society

Economy Financial Times
MPs refuse to endorse former Virgin Money chief to lead accounting regulator

Prominent City figure Jayne-Anne Gadhia is business secretary’s preferred candidate for FRC chair

Economy Bloomberg
Multistrat Hedge Fund Paloma to Cut Teams in Latest Pivot

Donald Sussman, the veteran behind Paloma Partners, is pivoting his long-standing multistrategy hedge fund to focus on fewer managers in which he has the highest …

Economy Bloomberg
TSMC Says AI Boom Will Go Another Three Years, Defying Skeptics

The chipmaker is sharply increasing its capital spending and sales projections for the year.

Economy Bloomberg
Spain’s Naturgy to Build $344 Million Australia Renewables Plant

Spanish energy firm Naturgy Energy Group SA said its Australian unit will invest more than 300 million euros ($344 million) to build its largest renewables …

Economy Bloomberg
Saindak Raises Security Concerns in Pakistan’s Mineral-Rich Area

Metallurgical Corp. of China-operated Saindak Metals Ltd. wants Pakistan’s government to boost security for its copper-gold mine project in its restive Southwest Balochistan, echoing warnings …

Economy Bloomberg
Emerging Currencies Fall as US, Iran Tensions Strengthen Dollar

Most developing-world currencies fell Thursday as the US launched fresh strikes against Iran, sparking a flight to haven assets that pushed the dollar higher.

Economy Financial Times
VPN use in UK doubles as people circumvent porn laws

Regulator Ofcom found evidence of children using the technology to get around curbs

Economy Financial Times
Shabana Mahmood ticks almost every box

Home secretary is aligned with Andy Burnham but poor at selling tough policies to MPs

Economy Bloomberg
DCC Gets Sweetened Bid From KKR, ECP After Drawn-Out Talks

KKR & Co. and Energy Capital Partners have sweetened their bid for DCC Plc to more than £5.7 billion ($7.7 billion) and bought extra time …

Economy Bloomberg
Syngenta’s $5 Billion Hong Kong IPO Is Said to Face Fresh Delays

Syngenta Group’s planned $5 billion Hong Kong initial public offering is facing delays as the seed and pesticide company waits for better conditions in the …

Economy Bloomberg
Asian Gas Prices Rise to Highest Since March on Mideast Tensions

Asian liquefied natural gas prices rose to the highest since late March as fresh hostilities in the Middle East deepened concerns that shipping through the …

Economy Bloomberg
China Seeks to Curb New Bond Sales by LGFVs With Increased Debt

A major Chinese bond regulator is taking fresh steps to curb debt sales by the nation’s municipal borrowers, according to people familiar with the matter, …

Economy Financial Times
India Inc goes on a foreign buying spree

Outflows come as foreign investors flee country’s markets at fastest pace ever this year

Economy Financial Times
South Korea stocks slump after first rate rise in 3 years

Bank of Korea’s first move under Shin Hyun-song comes amid concern over won weakness and reliance on energy imports

Economy Financial Times
US hits tanker heading for Kharg Island under renewed Iran blockade

Military clashes over control of Strait of Hormuz threaten global oil supplies

Economy Financial Times
US will not win Iran war from the air, Trump’s ex-defence chief …

Mark Esper tells FT more bombing will not change Tehran’s behaviour, as president vows to step up attacks

Economy Bloomberg
Gold Falls as US-Iran Hostilities Rekindles Fed Hike Bets

Gold declined as escalating tensions in the Middle East rekindled expectations that the Federal Reserve may need to hike interest rates to contain stubborn inflation.

Economy Bloomberg
Chip Stocks Get Hit as AI Spending Anxiety Builds: Markets Wrap

A selloff in chipmakers dragged down stocks amid concerns over whether massive artificial-intelligence investments will justify lofty valuations, with a resurgence in geopolitical risks also …

Economy Bloomberg
Latest Oil Market News and Analysis for July 16

Oil steadied, largely holding onto a run of gains with concerns mounting about disruptions to flows from the Middle East as US strikes against Iran …

Economy Financial Times
FirstFT: China’s economy grows at one of lowest rates in years

Also in today’s newsletter: Oil traders warn over fresh supply crunch and Oracle leads race to supply Japan with top-secret cloud services

Economy Financial Times
Argentina break English hearts with late World Cup semi-final comeback

Lionel Messi assists twice as reigning champions secure 2-1 win to reach back-to-back finals

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