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Latest news from trusted sources around the world

Economy Financial Times
Turbulence at Tata delays take-off for new Air India chief

Airline hit by fatal crash, rising fuel costs and record loss is searching for its next leader

Economy Financial Times
How the oil market shrugged off the Iran crisis

Fears of summer shortages and $200 oil have been replaced by a focus on looming gluts

Economy Financial Times
Five things to know about Kevin Warsh’s first Fed meeting as chair

Central bank chief says ‘new chapter’ has begun as he promised sweeping reforms

Economy Financial Times
Chinese universities gain ground on UK and US in global rankings

Britain and US retain grip on top 10, with MIT first and Imperial College London second

Fed’s Warsh Rocks Bond Market in Debut, Sparks Surge in Rate-Hike Bets
Economy Bloomberg
Fed’s Warsh Rocks Bond Market in Debut, Sparks Surge in Rate-Hike Bets

It didn’t take Kevin Warsh long to get the bond market’s attention.

Stocks Climb as US-Iran Deal Eases Inflation Angst: Markets Wrap
Economy Bloomberg
Stocks Climb as US-Iran Deal Eases Inflation Angst: Markets Wrap

Wall Street staged a comeback that saw stocks joining bonds higher after a peace deal between the US and Iran spurred optimism that a revival …

Oil Falls as Ships Cross Hormuz After US, Iran Reach Peace Deal
Economy Bloomberg
Oil Falls as Ships Cross Hormuz After US, Iran Reach Peace Deal

Oil fell and gasoline sank after the US and Iran agreed to settle a months-long conflict that triggered the biggest supply disruption in history, and …

Chef Kwame Onwuachi on New Las Vegas Restaurant, Tatiana
Economy Bloomberg
Chef Kwame Onwuachi on New Las Vegas Restaurant, Tatiana

James Beard award wining Chef Kwame Onwuachi, chef of hit restaurants Tatiana, Dōgon, and more, talks about the opening of his new restaurant in Las …

Warsh Says FOMC Had 'Good Family Fight' on Fed Policy as Rates Stay Steady
Economy Bloomberg
Warsh Says FOMC Had 'Good Family Fight' on Fed Policy as Rates …

Andrew Szczurowski, strategic income portfolio manager at Morgan Stanley Investment Management, said that it is still to be determined if Kevin Warsh will follow through …

Barings’ High-Yield Playbook in a Warsh-Led Fed Era
Economy Bloomberg
Barings’ High-Yield Playbook in a Warsh-Led Fed Era

Kelly Burton, High Yield Portfolio Manager at Barings, discussed the current dynamics in the high-yield credit market, emphasizing strong institutional demand for double B and …

【今朝の5本】仕事を始める前に読んでおきたい厳選ニュース
Economy Bloomberg
【今朝の5本】仕事を始める前に読んでおきたい厳選ニュース

FOMC利上げ巡り予想割れる、イラン合意への批判一蹴、小泉防衛相、レアアース巡り合意、依存ゼロに

Trump Says US, Israel Have 'Little Dispute Over Lebanon'
Economy Bloomberg
Trump Says US, Israel Have 'Little Dispute Over Lebanon'

US President Donald Trump, speaking at the Group of Seven leaders meeting in Evian, France, says he and Israeli Prime Minister Benjamin Netanyahu "have a …

Economy Financial Times
Fed officials tilt towards rate rise as Kevin Warsh era begins

US government bonds drop after central bank vows to tame jolt of inflation triggered by Iran war

Economy Financial Times
Crunching the numbers on Warsh’s lil’ statement statement

It’s both the size and what you do with it

Economy Financial Times
Federal Reserve holds rates with short statement and hawkish projections

Kevin Warsh has eliminated explicit forward guidance, but his colleagues project that at least one rate rise is needed

Economy Financial Times
Five things to know about the high-stakes Makerfield by-election

Labour candidate Andy Burnham hopes to win the seat and then seek to replace Keir Starmer as prime minister

Economy Financial Times
Billionaire trader Alex Gerko loses tax appeal at UK Supreme Court

Top court rules traders should pay income tax on share of trading profits

Economy Financial Times
Trump delays confirmation hearing of former SEC head Jay Clayton as US …

President blames Democrats for blocking intelligence legislation over appointment of Bill Pulte in acting role

ASML CEO Warns of Possible Supply Constraints on Musk’s Terafab
Economy Bloomberg
ASML CEO Warns of Possible Supply Constraints on Musk’s Terafab

ASML Holding NV Chief Executive Officer Christophe Fouquet said the chip equipment maker has to make sure it doesn’t experience supply constraints when servicing new …

Billions in SpaceX Trades Jolt ETFs Including Cathie Wood’s ARKK
Economy Bloomberg
Billions in SpaceX Trades Jolt ETFs Including Cathie Wood’s ARKK

A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund market in the past week, suggesting some major investors used a contentious method …

Economy Financial Times
‘Humiliation’: Trump battles claims his Iran deal is worse than Obama’s

US president’s critics ask if concessions to Tehran in purported agreement were worth four months of war

Warsh Faces First Big Test as Fed Chair
Economy Bloomberg
Warsh Faces First Big Test as Fed Chair

Federal Reserve policymakers are expected to hold interest rates steady on Wednesday, posing an early test for new chairman Kevin Warsh as rising inflation erodes …

Bulgaria to Oppose EU Sanctions Against Russian Patriarch Kirill
Economy Bloomberg
Bulgaria to Oppose EU Sanctions Against Russian Patriarch Kirill

Bulgaria’s new government will oppose sanctions against the head of the Russian Orthodox Church included in the latest European Union package of measures targeting Moscow, …

Economy Financial Times
Brussels approaches Kremlin over potential Ukraine talks

EU Council president António Costa’s office held calls with senior official close to Russia’s Vladimir Putin

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