World News Feed
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New York Knicks Celebrate Championship With Millions of Fans Along Parade Route
For the first time in 53 years, the Knicks are having a parade in Manhattan's "Canyon of Heroes." Millions are on hand celebrating the teams …
Warsh Rocks Bond Market in Debut, Sparks Surge in Hike Bets
Traders piled into betting on interest-rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to …
First Brands Lender Can’t Distribute Cash From Bankruptcy Sales
Aequum Capital Financial II is temporarily barred from distributing any cash it collects from the inventory sales taking place as part of bankrupt auto-parts supplier …
Iran Deal Leaves Questions: Paggi
Livia Paggi, Senior Managing Director and Head of Political Risk at J.S. Held joined Bloomberg Open Interest to break down President Trump’s Iran deal, warning …
Knicks Championship Parade Takes Over NYC
A ticker-tape parade celebrating the Knicks' NBA Championship kicked off Thursday morning in New York City in the "Canyon of Heroes." Millions of fans are …
Trump is taking a page out of China’s sovereign AI playbook
Governments have long protected strategic industries — what is new is their willingness to become shareholders
The war is over; why aren’t bond yields lower?
Other things
Europe should speak to Putin, says Austrian chancellor
Christian Stocker tells FT that there is ‘momentum’ around Ukraine peace talks
US and Iran sign deal as Trump vows to release frozen funds …
President says Iranians will receive incentives when they ‘behave’ and acknowledges Tehran will keep ballistic missiles
Inside Washington’s interim deal to reopen the Strait of Hormuz
Also in today’s newsletter, interest rates held at Kevin Warsh’s first meeting as Fed chair
Is the world becoming more predictable?
Bigger and better data sets and powerful AI models are allowing us to spot previously undetectable patterns
Ukraine hits Moscow with largest-ever drone attack
Nearly 200 drones strike Russian capital, several hitting the city’s largest oil refinery
East Asian Refiners Eye Fuel Sales Boost Before Hormuz Reopen
Refineries in East Asia are starting to ramp up fuel exports after months of holding back and prioritizing local sales, in what appears to be …
Latvian PM says EU Needs Ukraine Peace Talks Envoy
“Europe has to be at the table,” Kulbergs said in an interview with Bloomberg TV on Thursday in Brussels. “There should be one person if …
How Hizbollah made its comeback
Lebanese militant group has been buoyed by fresh support from Tehran but its future depends on the US-Iran peace deal
More than a million landlords unprepared for tougher energy efficiency rules
Buy-to-let lender to offer discounted loans to help borrowers fund improvements before rules tighten in 2030
Indonesia and Philippines raise rates to combat energy shock
South-east Asian countries seek to shore up currencies that have been among region’s worst-performing this year
BBC cuts will damage broadcaster’s crown jewels
Government should consider direct licence fee increases or give corporation greater freedom to monetise its content
Copper Falls After Fed Chairman Warsh Positions as Inflation Hawk
Copper fell more than 1% to wipe out the gains of earlier this week after US Federal Reserve Chair Kevin Warsh sparked speculation about rate …
Tata Starbucks CEO To Add Up to 100 Stores
Tata Starbucks CEO Sushant Dash plans to add up to 100 stores in the short term. In an exclusive conversation, Dash adds that they are …
Brookfield Sells Wembley Stadium Builder Multiplex for $650 Million
Brookfield Business Corp. has agreed to sell Multiplex, the construction company that built London’s Wembley Stadium, to Japan’s Obayashi Corp. for $650 million.
PBOC’s New Rate Regime to Aid Liquidity and Bonds, Analysts Say
The People’s Bank of China’s latest refinement of its monetary policy toolkit is expected to damp money-market volatility and support bonds, according to analysts.
NSE’s India IPO May Deliver 6,400-Fold Return for Early Backers
The National Stock Exchange of India Ltd.’s planned initial public offering is set to unlock the value of long-term investments for a group of backers …
HSBC fined $24.6mn over Australian scam failures
Bank admits inadequate protection of ‘spoofing’ victims
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