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Latest news from trusted sources around the world

Economy Financial Times
Reform UK unveils candidate to challenge Andy Burnham in by-election

Plumber who came second in Makerfield in 2024 election will take on Manchester mayor seeking to become Labour leader

Euronext Results Beat on Volatility-Led Trading, Greek Exchange
Economy Bloomberg
Euronext Results Beat on Volatility-Led Trading, Greek Exchange

Euronext NV’s results beat expectations as market volatility boosted trading volumes and the newly acquired Athens stock exchange contributed to revenue.

BPCL Turns to Spot Crude as Iran Conflict Disrupts Term Supplies
Economy Bloomberg
BPCL Turns to Spot Crude as Iran Conflict Disrupts Term Supplies

India’s Bharat Petroleum Corp. Ltd. has largely shifted to making spot crude purchases as the Iran war upends annual arrangements for Middle Eastern barrels, highlighting …

Economy Financial Times
Xi told Trump that Putin might ‘regret’ invasion of Ukraine

US president also suggested they should co-operate with Russian leader against the International Criminal Court

Economy Financial Times
Treasury pushes supermarkets to cap food prices

Retailers furious at government effort aimed at limiting impact of inflation

Economy Financial Times
Bank of Japan to move ahead with a rate increase in June

Read the BoJ’s May forecast from the FT’s Monetary Policy Radar team

Economy Financial Times
Wendy’s is a prime candidate for the Nelson Peltz activist special

One-third drop in the fast-food chain’s share price has created another opportunity for Trian

Shell Wins Investor Backing for Higher Executive Bonuses
Economy Bloomberg
Shell Wins Investor Backing for Higher Executive Bonuses

Shell Plc shareholders approved a new policy that could award larger bonuses to executive directors, moving the company closer to compensation levels at its US …

New York and US Northeast Face Wilting Heat, Power Alert
Economy Bloomberg
New York and US Northeast Face Wilting Heat, Power Alert

New Yorkers are contending with sweltering heat Tuesday as high temperatures threaten to topple regional records and strain energy supplies.

Goldman Sachs Intl. Says Europe Has a 'Huge Opportunity'
Economy Bloomberg
Goldman Sachs Intl. Says Europe Has a 'Huge Opportunity'

Goldman Sachs International co-CEOs Anthony Gutman and Kunal Shah discuss the outlook for Europe's capital markets, risks facing the global economy and the race to …

Trafigura-Backed Terrafame Studies Producing Scandium in Finland
Economy Bloomberg
Trafigura-Backed Terrafame Studies Producing Scandium in Finland

Metals firm Terrafame is studying starting producing scandium, a material used in sectors including defense, from its existing uranium operation in Finland, as Europe seeks …

Fund Managers Boost Stock Allocations by a Record in BofA Poll
Economy Bloomberg
Fund Managers Boost Stock Allocations by a Record in BofA Poll

Fund managers chasing the powerful rally in equities increased their allocations to stocks by the most on record this month, a Bank of America Corp. …

Economy Financial Times
German government launches Uniper privatisation four years after rescue

Berlin to reduce stake in gas importer from 99% to 25% following nationalisation triggered by Ukraine war

Economy Financial Times
Japan and Korea deepen ties as energy crisis escalates

Sanae Takaichi and Lee Jae Myung have proven pragmatic in office as they pursue warmer ties

Citi Says 5.5% May Be Next Focus for 30-Year Treasury Yield
Economy Bloomberg
Citi Says 5.5% May Be Next Focus for 30-Year Treasury Yield

Bond traders are zeroing in on 5.5% as the new “round number” for 30-year US Treasury yields as inflation concerns ripple across markets, according to …

Economy Financial Times
UK job vacancies tumble to five-year low as Middle East conflict hits …

Economic fallout from Iran war rattles employers, figures suggest

Economy Financial Times
Energy price cap to rise less than initially forecast

Analysts at Cornwall Insight predict a 13% increase for July to September

Economy Financial Times
The Labour Party’s attitude to Brexit is like the country’s view of …

Andy Burnham and Keir Starmer are less passionate about rejoining

Formentera Partners on Oil Markets, Iran War Impact
Economy Bloomberg
Formentera Partners on Oil Markets, Iran War Impact

Bryan Sheffield, Managing Partner at Formentera Partners, discusses the impact from the Iran war and outlook for the energy market. He speaks with Paul Allen …

Indonesia Kicks Off Latest Foreign Bond Sale as Pressure Builds
Economy Bloomberg
Indonesia Kicks Off Latest Foreign Bond Sale as Pressure Builds

Indonesia started marketing its latest dollar bond offering Tuesday and flagged that a euro-denominated tranche may follow when London markets open, as the Iran conflict …

MST Marquee Kavonic on Energy Markets
Economy Bloomberg
MST Marquee Kavonic on Energy Markets

Saul Kavonic, Head of Energy Research at MST Marquee, discusses his outlook for energy market prices amid the ongoing conflict in Iran. He speaks with …

Australia Secures Jet Fuel From China as War Strains Supplies
Economy Bloomberg
Australia Secures Jet Fuel From China as War Strains Supplies

Australia has secured additional commodity supplies — bringing in jet fuel from China and urea from Brunei — as the Iran war strains markets.

Allianz’s Zeng on US Rates & Bond Yields
Economy Bloomberg
Allianz’s Zeng on US Rates & Bond Yields

Allianz Fixed Income CIO Jenny Zeng warns bond markets may be somewhat overpricing inflation expectations. Meanwhile, she notes that while Fed hikes remain on the …

Economy Financial Times
Google makes chip push with Blackstone-backed AI cloud group

Investment of $5bn by private capital group set to help bring 500MW of data centre capacity online next year

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