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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
UK financial regulator gears up to levy bigger fines

Move by FCA comes after it was forced to reduce penalties by recent court challenges

Economy Financial Times
RSM expands transatlantic alliance in battle with private equity-backed rivals

Mexico joins US firm’s partnership with UK, Ireland and Canada to win more clients

Montreal’s REM Raises C$1.85 Billion in Four-Part Bond Sale
Economy Bloomberg
Montreal’s REM Raises C$1.85 Billion in Four-Part Bond Sale

The Réseau express métropolitain (REM), a light rail system in Greater Montreal, raised C$1.85 billion ($1.32 billion) in a bond sale, according to people with …

Economy Financial Times
Chipmaker Nvidia seeks to raise over $20bn in first bond deal since …

Debt sale set to test investor appetite for further exposure to AI sector amid a deluge of borrowing

Nuveen Private Bond Chief Scoops Up AI’s ‘Picks and Shovels’
Economy Bloomberg
Nuveen Private Bond Chief Scoops Up AI’s ‘Picks and Shovels’

Data centers and computing chips are all the rage in global credit markets right now, but Nuveen LLC’s Laura Parrott is more excited about the …

Economy Financial Times
UK would be blocked from rejoining ‘wounded’ EU, says Juncker

Former Commission president says other countries would ‘cold-shoulder’ Britain because of its closeness to the US

US Manufacturing Output Stalls for the First Time This Year
Economy Bloomberg
US Manufacturing Output Stalls for the First Time This Year

US manufacturing production stalled in May after four months of gains as a drop in chemical and petroleum output masked ongoing strength in categories tied …

Shell Is Said to Select Aditya Birla for Sprng Energy Deal
Economy Bloomberg
Shell Is Said to Select Aditya Birla for Sprng Energy Deal

Aditya Birla Group has emerged as the frontrunner to buy Shell Plc’s Indian renewable power producer, people familiar with the matter said.

Economy Financial Times
Elliott presses Bunzl for buybacks after building stake

Business supplies distributor is latest in string of UK targets for US activist hedge fund

Economy Financial Times
Social media ban reveals Starmer’s coherence problem

If 16-year-olds are old enough to vote, they should have access to the same information environment as adults

Economy Financial Times
Global stocks power to record highs as deal ignites ‘risk on’ rally

Investor sentiment also helped by SpaceX’s historic initial public offering

Economy Financial Times
Ban on TikTok and YouTube will make children ‘happier’, says Starmer

PM announces that he expects ban on under-16s using some platforms to be in place early next year

US Stocks Rally on Deal to Reopen Strait of Hormuz; SpaceX Gains
Economy Bloomberg
US Stocks Rally on Deal to Reopen Strait of Hormuz; SpaceX Gains

US stocks rose sharply after the US and Iran reached an interim deal to reopen the Strait of Hormuz, sending oil prices lower and easing …

Economy Financial Times
The Iran war in seven charts

From oil markets to reconstruction, the fallout from the conflict will unfold over years

SpaceX Jumps 11% in Second Day of Trading After Record IPO
Economy Bloomberg
SpaceX Jumps 11% in Second Day of Trading After Record IPO

SpaceX shares jumped in their second day of trading, adding to gains following a blockbuster debut that instantly vaulted it into the ranks of the …

Economy Financial Times
Starbucks Korea to close stores for staff training after ‘Tank Day’ scandal

Coffee chain’s owner says move ‘shows how seriously we are taking the marketing incident’

What the US-Iran Peace Deal Means for the Strait of Hormuz
Economy Bloomberg
What the US-Iran Peace Deal Means for the Strait of Hormuz

No region of the world produces more oil and gas than the countries straddling the Persian Gulf. Most of this energy can only be exported …

Here Are Winners and Losers from Pakistan’s $68 Billion Budget
Economy Bloomberg
Here Are Winners and Losers from Pakistan’s $68 Billion Budget

Pakistan’s 18.8 trillion-rupee ($67.6 billion) budget, which includes lower taxes on sectors like cement and textiles, has lifted related stocks as the country seeks to …

Economy Financial Times
Oil falls on US-Iran deal but Hormuz backlog may last weeks

Prices slip even as analysts warn flows may be slow to recover and remain vulnerable to renewed disruption

Economy Financial Times
Iran and US agree deal to open Strait of Hormuz and extend …

Leaders to sign agreement on Friday for reopening of waterway and end to US naval blockade of Iranian ports

Economy Financial Times
Singapore to launch gold clearing system in bid to become precious metals …

City-state seeks to shake up trade dominated by London, New York and Switzerland

CSIS' Cahill on US-Iran Deal Impact on Energy
Economy Bloomberg
CSIS' Cahill on US-Iran Deal Impact on Energy

Ben Cahill, non-resident senior associate for the Energy Security and Climate Change Program at CSIS, says even though the US and Iran were able to …

'Proud Moment for Pakistan': Finance Minister on US-Iran Agreement
Economy Bloomberg
'Proud Moment for Pakistan': Finance Minister on US-Iran Agreement

Pakistani Finance Minister Muhammad Aurangzeb speaks with Bloomberg Television about the "critical role" his country has played in facilitating an interim agreement between the US …

Pakistan Says It's in 'Very Good Place on Fiscal Side'
Economy Bloomberg
Pakistan Says It's in 'Very Good Place on Fiscal Side'

Pakistan Finance Minister Muhammad Aurangzeb believes the country is in a 'very good place on the fiscal side'. He speaks with Paul Allen on "Insight …

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