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Latest news from trusted sources around the world

Economy Financial Times
US and Iran exchange renewed fire as tensions rise over stalled peace …

Centcom says Tehran launched ‘several’ ballistic missiles at Kuwait and Bahrain

Gold Slips as Middle East Tensions Keep Inflation Risks Elevated
Economy Bloomberg
Gold Slips as Middle East Tensions Keep Inflation Risks Elevated

Gold declined as renewed clashes in the Middle East cast doubt over a US-Iran peace deal, keeping energy prices elevated and inflation concerns high.

Economy Financial Times
Palantir should not have ‘significant role’ in UK public data systems, MPs …

Technology committee calls on government to trigger break clause in flashpoint NHS contract

Economy Financial Times
Premier League clubs could face legal action over sponsorship deals with crypto …

UK regulator focuses on teams with partnerships with digital assets companies that are not authorised to operate in Britain

Economy Financial Times
Minister condemns riots after UK rightwing leaders call for ‘rage’ over student …

Home Secretary says violent scenes in Southampton ‘completely unacceptable’ after Nigel Farage urges probe into police handling of case

Economy Financial Times
Cliffwater’s flagship private credit fund redemption requests hit 17%

Fund with net assets of $31bn aimed at retail investors limits withdrawals in latest sign of exodus from sector

Stocks Decline as US-Iran Clashes Drive Oil Higher: Markets Wrap
Economy Bloomberg
Stocks Decline as US-Iran Clashes Drive Oil Higher: Markets Wrap

A renewed advance in oil sent stocks lower as bond yields rose on concern that an escalation of hostilities between the US and Iran will …

Economy Financial Times
Trump appoints real estate heir Bill Pulte as national intelligence chief

Housing industry executive and staunch ally of the president to take up role in acting capacity

SpaceX to Plan Setting IPO Terms as Soon as Wednesday
Economy Bloomberg
SpaceX to Plan Setting IPO Terms as Soon as Wednesday

SpaceX is planning to set the terms of its initial public offering as early as Wednesday afternoon, according to people familiar with the matter, ahead …

GameStop Posted Its Highest Profit Ever By Selling Action Figures and Cards
Economy Bloomberg
GameStop Posted Its Highest Profit Ever By Selling Action Figures and Cards

GameStop Corp. shares climbed as much as 13% in after-hours trading after the video-game retailer reported a record quarterly profit driven by its collectibles business.

Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron
Economy Bloomberg
Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron

Ed Zitron, CEO at EZ Primary Research, said that the risk of balancing the equity market on record public offerings for AI companies that have …

Economy Financial Times
Chinese investors fear missing out on SpaceX IPO after crackdown

Beijing warns brokers about overseas share sales amid fears of capital flight

QXO Gets Better Terms on Buyout Debt After Strong Demand
Economy Bloomberg
QXO Gets Better Terms on Buyout Debt After Strong Demand

QXO Building Products Inc. saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild Corp., which attracted more than …

Economy Financial Times
Trump signs watered-down AI vetting order after Maga infighting

President’s directive will allow the US government to gain early access to cutting-edge models

Economy Financial Times
Kyle included ‘more positive language’ in AI speech after Mandelson advice

Documents raise questions since the advisory firm co-founded by Labour veteran represented big AI companies

Venezuela Moves to Open Power Sector to Private Investment
Economy Bloomberg
Venezuela Moves to Open Power Sector to Private Investment

Venezuela’s National Assembly debated a reform that would open the country’s electricity sector to private investment, allowing companies to generate, distribute and sell power under …

Economy Financial Times
Seven states sue US for paying $1bn to make Total exit wind …

New York leads lawsuit challenging Trump administration’s effort to make French company reinvest in fossil fuels

Economy Financial Times
Anthropic to expand Mythos access to more than 15 countries

About 150 organisations will be given advanced cyber security model following requests from around the world

Economy Financial Times
Goldman’s David Solomon sees ‘more greed than fear’ on Wall Street

Comments underscore bullish outlook that helped push S&P 500 to records on half of all trading days last month

Bitcoin’s Inflation-Hedging Promise in Tatters After Plunge
Economy Bloomberg
Bitcoin’s Inflation-Hedging Promise in Tatters After Plunge

Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that …

HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat | Stock Movers
Economy Bloomberg
HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat | …

On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, …

How the 1987 Crash Changed the Life of Centerbridge's Jeff Aronson
Economy Bloomberg
How the 1987 Crash Changed the Life of Centerbridge's Jeff Aronson

Jeff Aronson was working as a lawyer at LF Rothschild when the 1987 stock market crash put the firm out of business. In this conversation …

Chipmakers Outperform Software Stocks by Most on Record
Economy Bloomberg
Chipmakers Outperform Software Stocks by Most on Record

Semiconductor stocks rallied on Tuesday while software fell, with the gap between the two sub-sectors of the tech industry the widest on record.

Economy Bloomberg
Blue Owl Tech Private Credit Fund Is Selling $300 Million Bonds

A private credit fund managed by Blue Owl Capital Inc. is looking to sell $300 million of investment-grade bonds, according to a person familiar with …

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