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Latest news from trusted sources around the world

Economy Financial Times
Trump abruptly postpones AI order after White House infighting

President refuses to approve order hours before planned signing due to fears US innovators will lose out to China

Lone Star Weighs Sale of Lender IKB After Nearly 20 Years
Economy Bloomberg
Lone Star Weighs Sale of Lender IKB After Nearly 20 Years

Buyout firm Lone Star Funds is in the early stages of exploring a sale of IKB Deutsche Industriebank AG nearly two decades after investing in …

Economy Financial Times
TfL voices concern over robotaxis as ministers invite bids

Officials say more work is needed to show self-driving vehicles will bring ‘net benefit on safety’

Economy Financial Times
Closing tax loophole for oil groups will fund cost of living package, …

Chancellor sets out sweeping package of measures aimed at helping businesses and families

Economy Financial Times
Trump’s egregious deal with his own justice department

Anti-lawfare fund could offer payouts to president’s allies and Capitol rioters

SpaceX Challenges AI Rivals for Control of $26.5 Trillion Market
Economy Bloomberg
SpaceX Challenges AI Rivals for Control of $26.5 Trillion Market

SpaceX is marketing itself to IPO investors as an artificial intelligence play targeting a $26.5 trillion potential market opportunity, positioning itself to wrest business from …

Trump Advisor Predicts Gas Price Drop
Economy Bloomberg
Trump Advisor Predicts Gas Price Drop

Jarrod Agen, Executive Director of National Energy Dominance Council and President Trump's energy advisor joined Bloomberg Open Interest to talk about how gas prices will …

For Bitcoin ETF Holders, a Market Recovery Is a Reason to Sell
Economy Bloomberg
For Bitcoin ETF Holders, a Market Recovery Is a Reason to Sell

Bitcoin’s bad stretch of ETF outflows has exposed an uncomfortable dynamic in the crypto market’s structure: the price level that should draw buyers back in …

Economy Financial Times
AJ Bell boss warns of Isa reform ‘black hole’

Investment site says proposed rules could deter first-time investors

Economy Financial Times
Turkish court removes leader of opposition

The country’s stocks fall 6% on move that could hobble President Recep Tayyip Erdoğan’s main rival

Economy Financial Times
Six takeaways from Musk’s 200,000-word planetary vision

Elon Musk’s rockets-to-AI conglomerate lays out its ambitions

Economy Financial Times
Turkey passes tax amnesty as war strains economy

Package of incentives is designed to support struggling exporters and lure foreign companies

Economy Financial Times
Senators seek to curb US Treasury’s ability to fund foreign allies

Bipartisan bill aims to restrict Scott Bessent’s use of $219bn Exchange Stabilization Fund

Economy Financial Times
Post Office replaces Fujitsu after Horizon scandal

Accenture and OneView Commerce win £500mn contracts to run and create alternative to notorious IT system

Deere Shares Tumble With Farmers Facing ‘Ongoing Challenges’
Economy Bloomberg
Deere Shares Tumble With Farmers Facing ‘Ongoing Challenges’

Deere & Co. shares fell sharply as farm machinery sales stayed sluggish, raising questions on when the agriculture economy will start getting better.

Codelco Copper Overstatement Implies Output Sank to 27-Year Low
Economy Bloomberg
Codelco Copper Overstatement Implies Output Sank to 27-Year Low

Codelco’s overstatement of copper production in December implies that last year’s annual output fell to the lowest level since 1998, eroding the Chilean company’s claims …

War Weighs on Global Growth With Inflation Worries Intensifying
Economy Bloomberg
War Weighs on Global Growth With Inflation Worries Intensifying

The global economy is showing signs of waning momentum and mounting inflation pressures during its third month of a war-induced energy crunch.

Euro-Zone Growth Is Buckling Under Weight of War Impact, EU Says
Economy Bloomberg
Euro-Zone Growth Is Buckling Under Weight of War Impact, EU Says

The euro area will slow markedly while suffering the fastest inflation since 2023 as it succumbs to the energy-cost surge from the Iran war, according …

Economy Financial Times
Greens consider helping Labour’s Andy Burnham in Makerfield by-election

Some in Zack Polanski’s party are wary of being blamed for splitting progressive vote in north-west constituency

Economy Financial Times
Net migration to UK falls to lowest level since 2021

Drop to 171,000 in 2025 comes as government tightens restrictions on work visas

Economy Financial Times
Back-door ERM is a really bad idea

The UK’s price of issuing euro-denominated debt would be a surrender of monetary policy sovereignty

Economy Financial Times
UK business activity fell for first time in more than a year …

PMI figures reflect domestic political uncertainty adding to fallout from the Middle East war

Iran War Spurs Bear Scenarios for Asia FX, Bonds
Economy Bloomberg
Iran War Spurs Bear Scenarios for Asia FX, Bonds

The Iran war is piling pressure on emerging Asian markets, pushing some currencies and bond yields toward levels once considered unlikely.

India Mulls All Options, Including Rate Hike, as Rupee Slumps
Economy Bloomberg
India Mulls All Options, Including Rate Hike, as Rupee Slumps

The Reserve Bank of India is considering all of its available options to stabilize the rupee, including an interest rate hike, more currency swaps and …

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