World News Feed
Latest news from trusted sources around the world
Bank of Japan holds rates with hawkish guidance
New forecasts show the central bank to be more confident about activity and inflation
BP puts its UK North Sea business up for sale
Decision to market assets comes after talks with Ithaca Energy
European Stocks Trim Monthly Gain as Novo Nordisk and UMG Slump
European shares erased Friday’s gains, as Novo Nordisk A/S slumped after a failed drug study and Universal Music Group NV sank to a record low …
European Gas Prices Poised for Biggest Monthly Gain Since March
European natural gas prices are poised for their biggest monthly gain since March as the war in the Middle East continues to disrupt global energy …
Swiggy, Eternal Stocks Surge as Zepto’s India IPO Hits Roadblock
Shares of the main competitors to Indian rapid-commerce firm Zepto Ltd. are set for their best month in years after the loss-making company’s planned initial …
BOJ Holds Rate Steady And Upgrades View on Economy
The Bank of Japan kept its policy settings unchanged and nudged its economic growth forecast higher, signaling confidence that the economy remains on track for …
China’s factory activity falls for first time in five months
Official data also shows sharp decline in non-manufacturing activity in July
PBOC’s Weaker Daily Fixing to Temper Yuan Gains, Analysts Say
China’s central bank set the yuan’s fixing at a weaker-than-expected level, a move that some analysts said may indicate a desire to slow the pace …
Asian Stocks Post Biggest Gain in Four Months on AI Optimism
Asian stocks posted their biggest gain in nearly four months as investors piled into chipmakers, after blockbuster earnings from major tech firms reinforced optimism over …
Asian stocks rebound and yen jumps on signs of intervention
Kospi soars as SK Hynix and Samsung regain ground after days of heavy selling
Big Tech AI spending spree tops $1tn
Google, Amazon, Microsoft and Meta have vastly increased their investments since the AI boom began in 2023
HSBC sells $25bn Australia loan book to Blackstone
Mortgage transfer is latest step in global overhaul of Europe’s biggest lender
Hindustan Unilever results show inflation biting in Indian economy
Also in this newsletter: musical chairs in quick commerce
Yen Swings in Choppy Trading as Intervention Rally Sputters
The yen swung between gains and losses after its intervention-driven rally stalled on Friday as the Bank of Japan kept interest rates steady and Governor …
Stock Run Wavers as Bonds Stay Volatile After Fed: Markets Wrap
Wall Street traders sent stocks wavering as a rally in chipmakers waned while further losses in bonds showed the market is struggling to process the …
Latest Oil Market News and Analysis for July 31
Oil climbed as traders wrestled with threats to supply from the Persian Gulf to the Black Sea, leading some traders to layer on risk ahead …
Spain’s migrant crisis triggers Italian call for EU travel restrictions
Mass arrivals in North African enclave of Ceuta heap further pressure on embattled Prime Minister Pedro Sánchez
Labour readmits veteran MP Diane Abbott after disciplinary process
Scottish MP Joani Reid also returns to party just a fortnight into Andy Burnham’s new premiership
Apple forecasts slower growth as AI build-out strains tech supply chains
Smartphone revenue rose more than a fifth as rivals struggle
Burnham to give mayors share of income tax from 2028
New prime minister accelerates former chancellor Rachel Reeves’ efforts to move power away from Westminster
Amazon increases AI infrastructure spending to $220bn this year
Seattle-based group had in April expected to spend $200bn in 2026
Amazon Tops Estimates | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Emily Graffeo, Carol Massar and Tim Stenovec. …
Coinbase Posts Loss as Revenue Drops for Another Quarter
Coinbase Global Inc. reported a third consecutive quarterly decline in revenue, showing once again how a cooling crypto market can pressure even one of the …
Reddit Projects Strong Sales, But No New AI Deals
Reddit Inc. projected revenue in the current quarter revenue that beat Wall Street estimates, but shares fell after the social media company failed to announce …
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