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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
USD rises after PCE data, recoups half of buyback losses

The dollar rose by the most in nearly four weeks, recovering about half of the losses triggered by Treasury Secretary Scott Bessent’s surprise move last …

Economy Financial Times
Vanguard and Victory Capital bet on scale as fund industry consolidates

Asset management deal volumes have reached $53.8bn this year, the highest since at least 1995 according to Dealogic

Economy Financial Times
Fed set to be data dependent in the months ahead

Read the August forecast from the FT’s Monetary Policy Radar team

Economy Bloomberg
India Food Regulator Flags Safety Lapses at Delhi JW Marriott

India’s food regulator issued a notice to JW Marriott hotel in New Delhi’s Aerocity over serious safety and license violations, continuing a crackdown across the …

Economy Financial Times
Slightly hotter than expected PCE inflation keeps Fed’s September rate rise in …

Headline PCE inflation rates did not follow CPI lower in July as had been expected

Economy Financial Times
Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’

TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams

Economy Financial Times
Meta to pay up to $16.7bn to settle children’s social media harm …

Case relating to alleged failures of child protection was getting under way in California

Economy Bloomberg
Nordic Alliance Said to Explore Region-Wide Stock Exchange

Some of the Nordic region’s biggest companies and wealthiest investors are working on a proposal to create a single, unified stock exchange.

Economy Bloomberg
The ‘Bessent Put’ Might Actually Be Working for the Bond Market

Early signs suggest the Treasury Secretary’s surprise moves are making an impact.

Economy Bloomberg
Indian Refiners to Divert Sugar to Local Market to Ease Crunch

Indian refiners will divert 350,000 tons of sugar originally headed offshore into the local market, people familiar with the matter said, after authorities cleared the …

Economy Bloomberg
Mota-Engil Said to Win Deal for US-Backed Congo Copper Railway

Mota-Engil SGPS SA is set to sign a 30-year concession with the Democratic Republic of Congo to operate a key copper and cobalt railway, potentially …

Economy Financial Times
Iranian tankers gather off Sri Lankan coast

Cut off from home ports by the US blockade, ships seek shelter close to Sri Lanka’s territorial waters

Economy Bloomberg
JioBlackRock AMC CEO on India's Retail Investing Boom

JioBlackRock MD and CEO Sid Swaminathan discusses India’s growing retail investor base and why he remains optimistic about the future of India's financial markets. He …

Economy Financial Times
Britain needs a new way to pay for healthcare

Introducing co-payment will make us more like our rich-world peers and put us on a sustainable footing

Economy Bloomberg
Cnooc’s 1H Profit Rises After Iran War Boosted Oil Prices

China’s biggest offshore oil and gas driller said its first-half profits rose due a surge in global energy prices.

Economy Financial Times
UK household energy bills to hit three-year high from October

Middle East war pushes price cap up 4% to £1,723 a year

Economy Financial Times
Liquidators can pursue PwC globally over Chinese property giant’s collapse, court rules

Hong Kong decision has potential to threaten Big Four firms’ partnership network model

Economy Financial Times
Hyundai bets on US hybrid boom to take on Toyota

World’s third-largest carmaker to release dozens of new and updated models by 2030

Economy Bloomberg
Options Turnover Sinks at India’s Biggest Exchange

Options turnover on India’s biggest stock exchange fell to the lowest this year on monthly expiry day, reflecting the impact of the stricter trading rules …

Economy Bloomberg
Why China Is Defiant Even as US Threatens Iran Sanctions

China has thrown Tehran an economic lifeline as its biggest buyer of oil, and Xi appears in no rush to help Trump end a conflict …

Economy Bloomberg
Chinese Steelmakers Face Profit Squeeze Through End of Year

The pressure on Chinese steelmakers is likely to persist through the end of the year as elevated raw material costs compound weakness in demand.

Economy Bloomberg
Copper Climbs From Record-High Close With Supply Still Tight

Copper extended gains — after closing a a record high on Tuesday — as short-term supplies continued to look tight despite an easing of last …

Economy Financial Times
South Korea challenges China on Arctic trade route

Seoul hopes polar sea highway will reduce reliance on chokepoints such as Hormuz and revive ailing city of Busan

Economy Financial Times
Trump-backed candidate wins South Carolina primary

Darline Graham’s victory reinforces US president’s hold on the Republican Party ahead of November’s midterm elections

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