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Latest news from trusted sources around the world

Germany, KNDS Family Owners Agree on Stake Sale Ahead of IPO
Economy Bloomberg
Germany, KNDS Family Owners Agree on Stake Sale Ahead of IPO

Families that own half of tankmaker KNDS NV agreed to sell a 40% stake to the German government, according to people familiar with the matter, …

Economy Financial Times
Warsh’s push to axe Fed guidance may lift US borrowing costs, investors …

Traders see more volatility ahead as new central bank chair declines to give dot plot on future path of interest rates

Economy Bloomberg
Iran Avoids Shared US Photo at Summit

Iran’s delegation briefly entered the Lake Lucerne Summit meeting room before leaving, reflecting Tehran’s reported refusal to participate in a joint photograph with US officials …

Economy Bloomberg
Esper: Hezbollah is 'Spoiler' for US-Iran Deal

Former US Defense Secretary Mark Esper joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains how Hezbollah remains a key spoiler to …

A $2.8 Trillion Asset Management Star Is a Deal Away From Losing Its Crown
Economy Bloomberg
A $2.8 Trillion Asset Management Star Is a Deal Away From Losing …

Amundi became Europe’s largest fund firm with the help of acquisitions. But after years without a major takeover, rivals are catching up.

Economy Financial Times
Back-stabbing myths are driving the US and Europe further apart

Competing narratives of abandonment — from Iran to Greenland — could lead to Nato’s permanent unravelling

Economy Bloomberg
Senator Warnock Calls Republican Party a Cult

Senator Raphael Warnock (D-Georgia) delivers a pointed critique of the current state of the Republican Party, describing it as a cult centered around loyalty to …

Economy Financial Times
Starmer on brink of quitting as UK prime minister

Move could see Andy Burnham become Britain’s seventh leader in the decade since Brexit

Economy Bloomberg
Oil Stockpiles Near Danger Zone

Energy markets expert and author of Oil's Endless Bid Dan Dicker says oil markets are underestimating the impact of ongoing supply disruptions, warning that global …

Economy Financial Times
Ed Miliband would be ‘noose around neck’ of job creation as chancellor, …

Comments by Sharon Graham come as Burnham team explores key government appointments

Economy Financial Times
We need to talk about Brexit

Britain must rebuild EU ties, but trying to rejoin would for now be a diversion

Economy Financial Times
Why Giorgia Meloni turned on Donald Trump

Italian premier’s fallout with US president comes as she gears up for re-election battle

Economy Financial Times
Starmer could announce exit next week, some ministers believe

UK prime minister under intense pressure to set out departure timetable after Andy Burnham’s by-election win

Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut
Economy Bloomberg
Oil Keeps Flowing Through Hormuz Despite Iran Saying It’s Shut

Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even after Iran claimed to have closed the waterway again, …

Economy Financial Times
Holiday bookings surge in markets hit by Iran crisis

Rebound across eastern Mediterranean as travellers reassess conflict’s threat and proximity

Economy Financial Times
Workers are emerging as the next big AI logjam

Big Tech wakes up to the need for brawn and crafts skills to build and maintain data centres

Economy Financial Times
SpaceX handed lowest possible ESG rating by MSCI

Triple C score puts Elon Musk’s company on par with Russia after 2022 invasion of Ukraine

Economy Financial Times
What Andy Burnham’s Westminster past reveals about him

‘King of the North’ started as a New Labour special adviser before serving in Corbyn’s shadow cabinet

Swiss Voters Set to Reject Stricter Neutrality, Early Poll Shows
Economy Bloomberg
Swiss Voters Set to Reject Stricter Neutrality, Early Poll Shows

Swiss voters are set to reject an initiative to strengthen neutrality, according to an early poll, a result that could support keeping up sanctions against …

A Stock Trader’s Guide to Navigating a Rare ‘Super El Niño’
Economy Bloomberg
A Stock Trader’s Guide to Navigating a Rare ‘Super El Niño’

As concerns over the Iran war recede, stock investors are confronting another threat: climate risk, which is prompting a reassessment of bets across sectors from …

Economy Financial Times
Stabbing attacks in Edinburgh investigated as anti-Muslim hate crimes

Scottish man is arrested after rampage in capital leaves five injured

Economy Financial Times
Iran says it closed Strait of Hormuz after Israel and Hizbollah exchange …

Set-back comes as US vice-president heads to Switzerland for peace talks with negotiators from the Islamic republic

Fed’s Favorite Gauge Is Seen Showing Faster Inflation
Economy Bloomberg
Fed’s Favorite Gauge Is Seen Showing Faster Inflation

The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need …

Economy Financial Times
Zelenskyy returns Polish state medal in escalating dispute with ally

Ukrainian president calls on Warsaw to show more respect in row dating back to second world war

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