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Latest news from trusted sources around the world

Economy Financial Times
Trump and Netanyahu’s paths diverge

Also in today’s newsletter, president booed at Knicks-Spurs game and will Trump abandon Taiwan?

BP CEO Shakes Up Structure in Push Back to Oil and Gas
Economy Bloomberg
BP CEO Shakes Up Structure in Push Back to Oil and Gas

New BP Plc Chief Executive Officer Meg O’Neill reorganized the energy giant’s leadership and reporting structures in an overhaul that cements the company’s focus on …

Economy Financial Times
Warsh’s narrow path to success as Fed chair

His first rate-setting meeting sets the direction of travel for a potentially turbulent term in office

Markets Prepare for Arrival of Musk’s AI-Infused Space Conglomerate
Economy Bloomberg
Markets Prepare for Arrival of Musk’s AI-Infused Space Conglomerate

Markets prepare to welcome Elon Musk’s multiplanetary, AI-infused version of General Electric.

Economy Financial Times
FirstFT: SpaceX investors asked to buy Musk’s ‘moonshots’

Also in today’s newsletter: Europe launches new fighter jet and Trump booed at Knicks game

StoneX Plans to Deepen India Presence Beyond First Trading Desk
Economy Bloomberg
StoneX Plans to Deepen India Presence Beyond First Trading Desk

StoneX Group Inc. plans to expand into base metals and agricultural commodities after setting up its first precious metals trading desk in India in June, …

ECB 'At a Minimum' Is Going to Hike Twice, BNP Paribas Says
Economy Bloomberg
ECB 'At a Minimum' Is Going to Hike Twice, BNP Paribas Says

Sam Lynton-Brown, head of global macro strategy at BNP Paribas, speaks on Blomberg Television about the outlook for Federal Reserve and European Central Bank policy. …

China’s Trade Imbalance With EU Swells as Imports Slip Again
Economy Bloomberg
China’s Trade Imbalance With EU Swells as Imports Slip Again

China’s imports from the European Union dropped for the first time in three months, again swelling a trade imbalance that’s put it on a collision …

Economy Financial Times
So long Tate & Lyle, stock market trivia titan

Sweetest goodbye or sticky situation?

Economy Financial Times
Oil market defies predictions of summer supply crunch

Crude prices stay below $100 a barrel as China’s import cuts help eke out global stockpiles

Intesa’s Messina Braces for Bidding War Over Monte Paschi
Economy Bloomberg
Intesa’s Messina Braces for Bidding War Over Monte Paschi

Intesa Sanpaolo SpA Chief Executive Officer Carlo Messina signaled he’s prepared to address any counterbids for Banca Monte dei Paschi di Siena SpA, after unveiling …

Economy Financial Times
Will Starmer fight or fold?

No 10 tries to gauge support for PM as failing to secure backers would be embarrassing and suggest he can’t govern

Economy Financial Times
Trading app drives change in Egypt’s investment culture

Thndr co-founder says 2023 financial crisis a pivotal moment for retail investor customer base that has grown beyond his ‘wildest dreams’

Economy Financial Times
Max Beckmann’s granddaughter on living with his paintings — and the artist’s …

Denounced by the Nazis, his nightmarish pictures straddle a singularly dark era — yet, set against our current moment, they feel ever more haunting

Economy Financial Times
‘Picks and shovels’ companies profit from data centre scramble

Caterpillar and Hochtief among the once-staid industrial stocks lifted by the AI boom

Economy Financial Times
‘Age of electricity’ lights the path for Sun King’s solar success

Company’s off-grid energy infrastructure is used by more than 50mn customers across sub-Saharan Africa

Economy Financial Times
Nigeria’s big food businesses prosper through insecurity and economic shock

BUA Foods boss says company defied cost-of-living crisis because ‘everybody must eat’

Apple's Siri AI Has Upper Edge vs Rivals, IDC Says
Economy Bloomberg
Apple's Siri AI Has Upper Edge vs Rivals, IDC Says

IDC Senior Research Director Nabila Popal says Apple's Siri AI holds two key advantages over other AI models: its access to personal contacts and strong …

Indonesia’s Five-Year Bond Yield Climbs to Highest Since 2020
Economy Bloomberg
Indonesia’s Five-Year Bond Yield Climbs to Highest Since 2020

Indonesia’s five-year bond yield climbed to the highest level in more than six years as a debt market selloff deepened.

China Coking Coal Slides After Report on Push to Maintain Output
Economy Bloomberg
China Coking Coal Slides After Report on Push to Maintain Output

Chinese coking coal futures extended declines following a local media report that authorities in Shaanxi asked miners to maintain output, after a deadly accident in …

Asian Stocks Recover After AI Selloff, Oil Slips: Markets Wrap
Economy Bloomberg
Asian Stocks Recover After AI Selloff, Oil Slips: Markets Wrap

Asian stocks rebounded after their biggest drop since March as tensions in the Middle East eased and a selloff in artificial intelligence shares abated. Crude …

NYNJ FIFA Chief on How Fans Can Get to MetLife Stadium for the Games
Economy Bloomberg
NYNJ FIFA Chief on How Fans Can Get to MetLife Stadium for …

Alex Lasry, Chief Executive Officer of the NYNJ Host Committee for the FIFA World Cup 2026, says the region is ready for the tournament and …

Economy Bloomberg
Test Your ETF Knowledge In Our IQ Test

Bloomberg's Joel Weber puts Scarlet Fu, Katie Greifeld, and Eric Balchunas to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test." …

OpenAI Filed Confidentially for IPO as Rivals Race to Market
Economy Bloomberg
OpenAI Filed Confidentially for IPO as Rivals Race to Market

OpenAI, the maker of ChatGPT, filed confidentially for an IPO, joining artificial intelligence rivals in tapping public markets to fund ambitious growth plans.

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