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Latest news from trusted sources around the world

Jamie Dimon on Bond Market, Inflation and Equities
Economy Bloomberg
Jamie Dimon on Bond Market, Inflation and Equities

CEO of JPMorgan Chase Jamie Dimon speaks exclusively with Bloomberg's Haslinda Amin about the rout in bond markets, the risk of heightened inflation, and why …

Goldman Says Global Oil Stockpiles Falling at Record Pace
Economy Bloomberg
Goldman Says Global Oil Stockpiles Falling at Record Pace

Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags …

Economy Financial Times
Samsung reaches last-minute deal to avert strike over AI riches

Work stoppage had threatened to disrupt Korean economy and global artificial intelligence boom

Economy Bloomberg
Samsung Reaches Tentative Deal With Union

South Korean stocks rallied after Samsung Electronics Co. reached a tentative deal with its labor union, defusing the threat of an imminent strike at the …

Economy Financial Times
From bitter coffee to all-terrain vehicles: Putin and Xi’s business dividend

Close diplomatic relations between Beijing and Moscow are matched by growing mutual commercial exchanges

Economy Financial Times
Modi prepares Indians for economic shock after ‘decade of disasters’

Fuel prices rise as prime minister says he can no longer shield citizens from impact of Iran war and other global events

Economy Financial Times
Nvidia lifts dividend as investors fret about growth prospects

Shares in the world’s most valuable company dip despite better than expected revenue and forecasts

Economy Financial Times
Anthropic on track for first profitable quarter

AI lab set to hit milestone ahead of competitors OpenAI and xAI

Gracias’ Valor Stands to Make Billions Off SpaceX IPO
Economy Bloomberg
Gracias’ Valor Stands to Make Billions Off SpaceX IPO

Antonio Gracias, the founder of Valor Equity Partners and a longtime Elon Musk ally, controls a 4% economic stake in SpaceX through various funds, the …

US Stocks Steady as Traders Await Hormuz Progress: Markets Wrap
Economy Bloomberg
US Stocks Steady as Traders Await Hormuz Progress: Markets Wrap

US equities held gains while oil fell and bonds ticked higher as traders waited to see whether hopes of a peace deal in the Middle …

Scion Group & Ares Management Team Up to Buy $910M in Student Housing
Economy Bloomberg
Scion Group & Ares Management Team Up to Buy $910M in Student …

Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of …

Economy Financial Times
Reeves cuts food tariffs and children’s bus fares in cost of living …

UK chancellor to announce wide-ranging package intended to win back voters

Economy Financial Times
Musk’s SpaceX sets out plans for biggest IPO in history

Satellite and AI company to list on Nasdaq under symbol SPCX

Economy Financial Times
FirstFT: Nvidia reports better than expected revenue and forecasts in Q1 earnings

Also in today’s newsletter: OpenAI’s IPO could come as early as this week and Xi warns of ‘the law of the jungle’ to Putin

Codelco Eyes $2 Billion Gain From Unifying Copper Mines in Chile
Economy Bloomberg
Codelco Eyes $2 Billion Gain From Unifying Copper Mines in Chile

Codelco is seeking a combined $2 billion in cost savings and additional revenue by integrating the operations of three copper mines as the state-owned Chilean …

SpaceX Files for IPO on Nasdaq Under SPCX Symbol
Economy Bloomberg
SpaceX Files for IPO on Nasdaq Under SPCX Symbol

Elon Musk's SpaceX has filed papers to go public on the Nasdaq under the symbol SPCX. SpaceX is targeting as much as $75 billion in …

Economy Financial Times
SpaceX is all ’trucked up

But Elon Musk is not giving himself mates’ rates

SpaceX Files for IPO Showing $4.28 Billion Quarterly Loss
Economy Bloomberg
SpaceX Files for IPO Showing $4.28 Billion Quarterly Loss

SpaceX filed publicly for its initial public offering, revealing billions in losses and the super-voting share plan allowing Elon Musk to keep the rocket, satellite …

Moody’s Cuts Mexico Credit Rating to One Notch Above Junk
Economy Bloomberg
Moody’s Cuts Mexico Credit Rating to One Notch Above Junk

Moody’s Ratings cut Mexico’s credit score to the lowest tier of investment grade, citing the country’s weakening fiscal position and stoking concern Latin America’s second-largest …

US Seeks Energy Export Boost to India as Rubio Visits Delhi
Economy Bloomberg
US Seeks Energy Export Boost to India as Rubio Visits Delhi

The Trump administration wants to boost energy exports to India, the US ambassador in New Delhi said on Wednesday, ahead of a multi-day visit by …

Economy Financial Times
Reeves rethinks food price cap after supermarket backlash

Treasury’s effort to get UK retailers to agree on voluntary price controls struggles to find support

A 220% Bond Rally Snaps as Venezuela Euphoria Gets Reality Check
Economy Bloomberg
A 220% Bond Rally Snaps as Venezuela Euphoria Gets Reality Check

To the investors who had snapped up Venezuela’s defaulted bonds at beaten-down prices, it was the moment they were waiting for: Acting President Delcy Rodriguez’s …

Putin Leaves Beijing With Little Progress on Key Gas Pipeline
Economy Bloomberg
Putin Leaves Beijing With Little Progress on Key Gas Pipeline

Russian President Vladimir Putin left Beijing with no sign of a breakthrough on a natural gas pipeline project with the potential to reshape global energy …

Economy Financial Times
Three supertankers attempt Strait of Hormuz crossing

Vessels bound for China and South Korea are carrying 6mn barrels of crude oil

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