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Latest news from trusted sources around the world

Shell Sees 2026 LNG Trade Flat If Hormuz Reopens in Summer
Economy Bloomberg
Shell Sees 2026 LNG Trade Flat If Hormuz Reopens in Summer

Shell Plc expects global liquefied natural gas flows to be little changed this year — after more than a decade of growth — if shipping …

Miners Turn South African Stocks From Leaders to Laggards
Economy Bloomberg
Miners Turn South African Stocks From Leaders to Laggards

The precious-metals miners that propelled South African stocks to a record have become a millstone, dragging the benchmark index toward its worst quarterly slump in …

RBI Funding Curbs Deal ‘Body Blow’ to Indian Prop Trading Firms
Economy Bloomberg
RBI Funding Curbs Deal ‘Body Blow’ to Indian Prop Trading Firms

India’s proprietary trading firms and stock brokers are bracing for a major overhaul of how they finance trading activity.

Trump Lost the Fed Battle, But Look What He Won
Economy Bloomberg
Trump Lost the Fed Battle, But Look What He Won

The Supreme Court cleared his right to fire regulators at will — like in markets, crypto.

Economy Bloomberg
Breitling Owner: China Remains a Complicated Market

Georges Kern, CEO of House of Brands, says that although the group is gaining market share in China, consumers remain reluctant to invest in luxury …

Economy Bloomberg
Miniso US CEO on Business Growth Strategy

Tom Bartlebaugh, CEO of Miniso USA, discusses his outlook for the Chinese brand's expansion into North America, and its strategy in expanding on lifestyle and …

Economy Financial Times
Amazon is now the biggest foreign investor in India’s AI sector

Also in this newsletter, weaponised drones made in India

Morgan Stanley Warns of Oil Glut and Cuts Forecasts on Hormuz
Economy Bloomberg
Morgan Stanley Warns of Oil Glut and Cuts Forecasts on Hormuz

Morgan Stanley cut oil forecasts for the second time in about two weeks as flows through the Strait of Hormuz return faster than expected, while …

Economy Financial Times
‘Tooth fairy’ payout nears £5 as UK childhood finances overtake inflation

Annual survey also shows the average child gets £10 per week in pocket money

Economy Financial Times
UK regulator waters down landmark crypto rules

FCA eases capital and disclosure requirements after complaints that incoming digital assets regime was too onerous

Economy Financial Times
Investigation into maternity care in England finds ‘overall system failure’

Government accepts proposal to appoint a national maternity and neonatal commissioner

Economy Financial Times
Chinese exile Miles Guo given 30 years in prison for $550mn fraud

Businessman had fled to the US claiming persecution and then allied himself with the Maga movement

Economy Financial Times
Ethiopia makes deal to cut payments on $1bn bond

Bondholder agreement comes after $8bn of debt relief from official creditors in recent years

Economy Bloomberg
CEO Behind Knicks Flyfish Club Afterparty on What’s Next

David Rodolitz, Founder and CEO of VCR Group, joined the live broadcast to discuss the recent celebration held by the New York Knicks at the …

Grasshopper Club Zurich Sold by LA Team to Bridge Football
Economy Bloomberg
Grasshopper Club Zurich Sold by LA Team to Bridge Football

Bridge Football Group has bought Grasshopper Club Zurich, one of Switzerland’s most storied football teams.

Honeywell Aerospace CEO on Separation, Defense Demand
Economy Bloomberg
Honeywell Aerospace CEO on Separation, Defense Demand

On the first day of trading following its spin-off from Honeywell International, Honeywell Aerospace CEO Jim Currier discussed the company's new status as a standalone …

Economy Financial Times
Foreign investors fear Japan is backsliding on reform

Pendulum ‘swinging back towards economic nationalism’, warns one private equity executive

Takaichi Aims to Shape Legacy With Unprecedented Economic Plan
Economy Bloomberg
Takaichi Aims to Shape Legacy With Unprecedented Economic Plan

Prime Minister Sanae Takaichi is staking her legacy as Japan’s first female premier on an unprecedented plan to reshape the country’s industrial base for decades …

Economy Financial Times
Maersk raises profit guidance as new US tariffs fuel demand

American companies rush to stockpile goods ahead of fresh round of levies

June Payrolls Expected to Boost Rate-Hike Bets
Economy Bloomberg
June Payrolls Expected to Boost Rate-Hike Bets

The FOMC’s tone at the June meeting, together with Chairman Kevin Warsh’s news conference, has raised the prospect of a near-term rate hike. Aditya Bhave, …

Congo Orders Cobalt Miners to Give Up Unused Export Quotas
Economy Bloomberg
Congo Orders Cobalt Miners to Give Up Unused Export Quotas

Cobalt miners in the Democratic Republic of Congo will be required to surrender unused export quotas for the first half of the year to a …

Economy Financial Times
Burnham has become more unpopular since Starmer’s resignation

Britain’s prime minister-in-waiting says the country is in a ‘rut’ and needs a shift of power away from Westminster

Rocket Lab to Buy Iridium in Challenge to SpaceX
Economy Bloomberg
Rocket Lab to Buy Iridium in Challenge to SpaceX

Rocket Lab will acquire Iridium, a pioneer in satellite telephones, for $54 a share in a cash-and-stock transaction as smaller players in the orbital economy …

Economy Financial Times
‘The risk of a deleveraging event is rising’

Morgan Stanley’s analysts are worried about quarter-end money tightness

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