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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Turkey’s Michelin chefs are fried by high inflation

Food price inflation at 35% is the world’s fourth highest after Venezuela, Iran and South Sudan

Economy Financial Times
Spy agencies buy bulk data to assess potential targets

Commercially gained intelligence is now one of the major sources of government surveillance

German Investor Outlook Jumps With Iran Resolution in Sight
Economy Bloomberg
German Investor Outlook Jumps With Iran Resolution in Sight

German investor optimism improved more than anticipated on hopes that a swift end to the Iran war will ease pressure on Europe’s largest economy.

Economy Financial Times
Fujitsu chair quits after claims of ‘woman-related’ improper conduct

Hidenori Furata departs Japanese IT services group over allegations

SpaceX Set to Overtake Amazon in Value as It Soars for Third Day
Economy Bloomberg
SpaceX Set to Overtake Amazon in Value as It Soars for Third …

SpaceX jumped for a third straight day on Tuesday, putting it on track to overtake Amazon.com Inc. in value and briefly making it the world’s …

Thames Water Edges Closer to Nationalization With Rescue in Doubt
Economy Bloomberg
Thames Water Edges Closer to Nationalization With Rescue in Doubt

Thames Water moved closer to temporary nationalization after a senior government minister said a rescue deal put forward by creditors wasn’t sufficient.

Yen Pares Gains Versus Dollar After BOJ Hikes Key Rate to 1%
Economy Bloomberg
Yen Pares Gains Versus Dollar After BOJ Hikes Key Rate to 1%

The yen pared gains against the dollar after the Bank of Japan raised its benchmark interest rate to the highest level since 1995 in a …

EU Says China Trained Russian Troops to Fight in Ukraine War
Economy Bloomberg
EU Says China Trained Russian Troops to Fight in Ukraine War

The European Union’s top diplomat said China has been training Russian troops to fight in Ukraine, sharpening Brussels’ criticism of Beijing’s enabling role in the …

Middle East Oil Markets Weaken on Optimism Over Increased Supply
Economy Bloomberg
Middle East Oil Markets Weaken on Optimism Over Increased Supply

Middle Eastern crude markets weakened as the US-Iran agreement to reopen the Strait of Hormuz spurred optimism around an increase in flows from the oil-rich …

Economy Financial Times
How an AI windfall gave Bain Capital one of the most lucrative …

US firm stands to pocket profits of $15bn on 2018 buyout of Kioxia, the former Toshiba Memory

Economy Financial Times
China’s economy shows signs of weakness in May

Retail sales decline for first time in more than three years and fixed asset investment slump deepens

Economy Financial Times
How has India dealt with the economic hit from the Iran war?

Also in this newsletter: can India’s virtual cockroaches survive in the real world?

Economy Financial Times
US billionaire owners of Crystal Palace explore sale

South London football club is enjoying its most successful ever period

S&P 500 Rally Falters Before Fed as SpaceX Surges: Markets Wrap
Economy Bloomberg
S&P 500 Rally Falters Before Fed as SpaceX Surges: Markets Wrap

A rally that sent stocks to the brink of all-time highs faltered on the eve of the first Federal Reserve rate decision under Kevin Warsh, …

Oil Falls to Three-Month Low as US-Iran Deal Set to Add Supply
Economy Bloomberg
Oil Falls to Three-Month Low as US-Iran Deal Set to Add Supply

Oil logged its longest run of declines this year as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in …

Economy Financial Times
Gavin Newsom says Trump has ordered justice department to investigate him

California governor is considered a potential Democratic presidential candidate for 2028

MSG Should Split Into Two Companies, Ariel's John Rogers Says
Economy Bloomberg
MSG Should Split Into Two Companies, Ariel's John Rogers Says

John Rogers, Ariel Investments founder, chair, CIO and co-CEO, says MSG stocks have not reflected the value of the Knicks or the Rangers during an …

Where the US, Israel and Iran Stand on a Deal to End Months of War
Economy Bloomberg
Where the US, Israel and Iran Stand on a Deal to End …

On today’s Big Take podcast, we examine the major hurdles facing a proposed US-Iran peace deal, including how Israel fits into the equation.

Economy Financial Times
EU starts membership talks with Ukraine

Accession process moves ahead after Hungary’s new leadership drops its veto

Economy Financial Times
ConocoPhillips set to sign deal with Syria to revive gas production

Agreement will be first by a US energy major with Damascus as it aims to rebuild activity after years of civil war

Economy Financial Times
Trump administration considers $300bn fund for Iran if deal is upheld

Incentives would be tied to Tehran’s ‘performance’ including over opening of the Strait of Hormuz and nuclear talks

Bolivia Tells Investors FX Unification, IMF Deal Coming Soon
Economy Bloomberg
Bolivia Tells Investors FX Unification, IMF Deal Coming Soon

Bolivia told investors it is close to agreeing on a financing program with the International Monetary Fund, likely after introducing a floating exchange rate to …

Waste Management of Canada Sells C$700 Million of Bonds
Economy Bloomberg
Waste Management of Canada Sells C$700 Million of Bonds

Waste Management of Canada sold C$700 million ($500 million) of notes on Monday, according to people with knowledge of the matter.

Economy Financial Times
SpaceX shares gain for second day after blockbuster debut

Stock in Elon Musk’s AI, satellite and rocket group climbs 10% on Monday

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