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Latest news from trusted sources around the world

Sunshine Silver Mining Rises 11% After $270 Million US IPO
Economy Bloomberg
Sunshine Silver Mining Rises 11% After $270 Million US IPO

Sunshine Silver Mining & Refining Co. shares opened 11% above their IPO price after the mine owner raised $270 million in an upsized US initial …

Economy Financial Times
Betfair targeted gambling addict, court hears in landmark case

Flutter-owned company accused of worsening addiction of Luke Ashton before he took his life

Economy Financial Times
US plans cuts to Nato’s rapid response force

European allies seek clarity over removal of American naval and air assets that can be dispatched if Russia attacks

Economy Financial Times
Israel and Lebanon agree to implement ceasefire

Deal announced by US state department calls for Hizbollah to stop all attacks

AI, Xerox Debt and Canada’s ‘Lost Status’ at Sohn Montreal
Economy Bloomberg
AI, Xerox Debt and Canada’s ‘Lost Status’ at Sohn Montreal

Hedge fund managers and other investors are gathered at a conference in Montreal to pitch the next big thing, and everything from artificial intelligence, biotech …

Economy Financial Times
Russia prunes Armenian rose trade ahead of election

Moscow’s trade restrictions put pressure on western-friendly government in Yerevan

Economy Financial Times
The Gulf states and Ukraine need each other

Countries in Iran’s line of fire need to shore up their drone defences, and Kyiv is in desperate need of funding

Economy Financial Times
Israel and Lebanon agree to implement a US-brokered ceasefire

Also in today’s newsletter, a one-time adviser to the UK’s former PM David Cameron leads California’s race for a new governor

Nasdaq 100 Slides as Broadcom’s Weak Forecast Halts AI Rally
Economy Bloomberg
Nasdaq 100 Slides as Broadcom’s Weak Forecast Halts AI Rally

A selloff in technology stocks pulled US equities lower on Thursday after results from Broadcom Inc. drove an unwind in the artificial-intelligence trade that had …

Economy Financial Times
Americans lead AI data centre backlash, global poll finds

US has lowest support among 15 large economies for infrastructure expansion

Economy Financial Times
Submit your questions: Ten years on, what’s next for Brexit?

Take part in a live Ask an Expert Q&A with the FT’s Europe editor Ben Hall and Peter Foster, the FT’s World trade editor, today …

Economy Financial Times
Disparities between ethnic groups are not always cause for alarm

Different outcomes merit investigation, but we should not assume reducing the gaps is desirable or necessary

Pirelli Denies Short Seller Report on Sales to Russia’s Military
Economy Bloomberg
Pirelli Denies Short Seller Report on Sales to Russia’s Military

Pirelli & Co. SpA denied a report from short seller Grizzly Research LLC that raised concerns about the Italian tire maker’s links to Russia and …

Economy Financial Times
Darren Jones told Mandelson he was ‘so sorry’ he was sacked as …

Chief secretary to PM discussed his own ambitions with the disgraced peer and sniped about colleagues, leaked messages show

Economy Financial Times
Japan’s bonds

Plus, India’s wobble

Asia Steps Up Currency Defense as Korea, Indonesia Vow Action
Economy Bloomberg
Asia Steps Up Currency Defense as Korea, Indonesia Vow Action

Asian authorities are ramping up their currency defense as high energy costs and bets that the Federal Reserve will raise interest rates pressure them.

Economy Financial Times
Hungary lifts 17-month veto on Ukraine’s EU membership bid

Also in this newsletter: Talking tough and acting soft on migration

Sunshine Silver Raises $270 Million in US IPO to Restart Mine
Economy Bloomberg
Sunshine Silver Raises $270 Million in US IPO to Restart Mine

Sunshine Silver Mining & Refining Co. raised $270 million in a US initial public offering that priced at the low end of the marketed range, …

Economy Bloomberg
Asean Head Warns of Food Security Challenge

Asean Secretary- General Kao Kim Hourn says the war in the Middle East is a "wake-up" call for the bloc to work together to ensure …

Won Falls to Lowest Since 2009 Even as Korea Pledges Action
Economy Bloomberg
Won Falls to Lowest Since 2009 Even as Korea Pledges Action

The South Korean won fell to the lowest since 2009 even as the government pledged to curb excessive volatility, underscoring the pressure some Asian currencies …

Indonesian Market Rout Deepens as Prabowo Policy Risks Mount
Economy Bloomberg
Indonesian Market Rout Deepens as Prabowo Policy Risks Mount

Indonesian markets tumbled on Thursday, with the rupiah breaching the key 18,000-per-dollar level and stocks hitting a near six-year low, as mounting policy uncertainty and …

Gold Rises as Dip-Buyers Return After Israel-Lebanon Ceasefire
Economy Bloomberg
Gold Rises as Dip-Buyers Return After Israel-Lebanon Ceasefire

Gold pushed higher after Israel and Lebanon agreed to a conditional ceasefire, a possible step toward resolving the wider Middle East conflict that’s upended global …

Economy Financial Times
Republican-led House deals blow to Trump over Iran war

Lawmakers vote to block president from carrying out more strikes in Middle East without congressional approval

Economy Financial Times
SpaceX pitches investors $1.8tn valuation in historic IPO

Rocket and AI group is seeking to raise up to $86bn in biggest Wall Street debut of all time

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