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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Airlines face $100bn hit on jet fuel from Iran energy shock

Industry body warns that profits will be halved by surging energy costs

Sen. Armstrong Advocates for Energy Infrastructure Expansion
Economy Bloomberg
Sen. Armstrong Advocates for Energy Infrastructure Expansion

Senator Alan Armstrong recently resigned as the executive chairman of Williams Companies to replace Markwayne Mullin in the Senate. Armstrong joined David Gura and Christina …

Economy Financial Times
Israel attacks Beirut days after Trump’s showdown with Netanyahu

Limited strikes on Lebanese capital follow US president’s intervention last week forcing Israeli PM to delay major raid

Economy Financial Times
The strange case of who chooses the next Labour prime minister

Around three-quarters of those who can vote in any contest on who succeeds Starmer are not Labour Party members

United Airlines CEO Discusses Industry Challenges
Economy Bloomberg
United Airlines CEO Discusses Industry Challenges

At The International Air Transport Association in Rio De Janeiro, United Airlines CEO Scott Kirby discussed with Co-host of Bloomberg Surveillance Lisa Abramowicz the current …

Economy Financial Times
Ministers told to cut budgets to fund boost to UK defence spending

Keir Starmer locked in eleventh-hour wrangling with departments over how to pay for delayed investment plan

Economy Financial Times
Fifa’s $13bn World Cup cash machine sparks scrutiny of its finances

Football’s governing body expects to earn record revenues from expanded tournament but critics question how money is spent

Stocks Face Rising Risk With Mega AI Deals Ready to Flood Market
Economy Bloomberg
Stocks Face Rising Risk With Mega AI Deals Ready to Flood Market

A flood of new shares from companies looking to fund their artificial intelligence ambitions is raising questions on Wall Street about whether there will be …

OPEC+ Agrees Another Symbolic Quota Increase for July
Economy Bloomberg
OPEC+ Agrees Another Symbolic Quota Increase for July

Major OPEC+ members agreed another modest symbolic increase to their oil output quotas for July, even as a blockage of exports from the Persian Gulf …

Rep. Steube Discusses Concerns Over Acting DNI Head
Economy Bloomberg
Rep. Steube Discusses Concerns Over Acting DNI Head

President Trump has appointed Bill Pulte as the Acting Director of National Intelligence which has mixed reactions from lawmakers on both sides of the aisle. …

US, Iran Appear Far From Peace Deal 100 Days Since War Began
Economy Bloomberg
US, Iran Appear Far From Peace Deal 100 Days Since War Began

The US and Iran appear to be making little progress toward an interim deal to end the war Washington and Israel began 100 days ago, …

Won Rebounds From Weakest Since 2009 on Currency Defense Plan
Economy Bloomberg
Won Rebounds From Weakest Since 2009 on Currency Defense Plan

South Korea’s won bounced back from its recent losses after the authorities said they would take tougher action against speculative trading and market activities that …

Economy Financial Times
British Airways chief says air fares will rise again if fuel costs …

Sean Doyle’s warning comes as jet fuel prices have doubled since Iran war began in February

Fire Erupts on Luxury Yacht Near Singapore's Sentosa Cove
Economy Bloomberg
Fire Erupts on Luxury Yacht Near Singapore's Sentosa Cove

Firefighters attempt to extinguish a fire that broke out on a luxury yacht berthed in Singapore's Sentosa Cove. (Source: Bloomberg)

A Stock Trader’s Guide to the Start of ECB Interest Rate Hikes
Economy Bloomberg
A Stock Trader’s Guide to the Start of ECB Interest Rate Hikes

European stock traders will need to add a further variable to their investment strategies this week: how rising interest rates will affect each corner of …

China Starts Prefabricated Power Hub for Data Centers, CCTV Says
Economy Bloomberg
China Starts Prefabricated Power Hub for Data Centers, CCTV Says

China’s first prefabricated computing power hub has started operations, offering a faster and lower-cost way to build and supply electricity to data centers, according to …

Kosovo Seeks to End Impasse With Snap Election: What to Watch
Economy Bloomberg
Kosovo Seeks to End Impasse With Snap Election: What to Watch

Kosovo goes to the polls for the third time in 18 months Sunday in an attempt to break a political impasse that’s stymied progress toward …

Economy Financial Times
Could Farage’s call for ‘rage’ cost Reform the Makerfield by-election?

Latest polling shows Labour’s Andy Burnham pulling away from the rightwing populists, his main challengers

Economy Financial Times
We are optimising ourselves to death

A tracker might tell you that you got to bed too late, but it doesn’t tell you that you were busy living your life

Economy Financial Times
Expensive oil is making electric vehicles look positively cheap

Petrol retails for £1.58 a litre in the UK, up about 20% since the start of the year

Economy Financial Times
OpenAI plots biggest ChatGPT overhaul since launch

$850bn start-up to recast hit chatbot as a route to higher-margin products before a potential IPO

China’s PBOC Adds Gold Again as Bullion Remains Under Pressure
Economy Bloomberg
China’s PBOC Adds Gold Again as Bullion Remains Under Pressure

China’s central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure.

Malaysian Police Finish Probe Into Ex Anti-Graft Chief, NST Says
Economy Bloomberg
Malaysian Police Finish Probe Into Ex Anti-Graft Chief, NST Says

Malaysian police have completed a probe into two cases involving former anti-graft chief Azam Baki and referred the matter to the Attorney-General’s Chambers, according to …

Economy Financial Times
Tokio Marine boss to use Berkshire deal for global growth drive

Masahiro Koike aims to turn Japanese group into top five global insurer within a decade

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