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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
Hedge Fund Founder Wins £1.6 Million After Ex-Employee’s Abusive Discrimination Case

Claims of discrimination and harassment made against hedge fund founder Davide Leone were vexatious and had no reasonable prospect of success from the outset, a …

India’s Gold Demand Slows to a Trickle on Tighter Trade Rules
Economy Bloomberg
India’s Gold Demand Slows to a Trickle on Tighter Trade Rules

India’s gold imports are slowing to a trickle as banks and bullion traders grapple with new restrictions aimed at shoring up a weak rupee battered …

Adani Group Revives Plan to Seek $1 Billion With Dollar Bond
Economy Bloomberg
Adani Group Revives Plan to Seek $1 Billion With Dollar Bond

Indian conglomerate Adani Group is reviving plans to seek about $1 billion through a US-listed dollar-denominated bond, according to people familiar with the matter, a …

Economy Financial Times
Schroders looks to exit China mutual funds business after just three years

London-listed group is set to be taken over by US-headquartered asset manager Nuveen in £10bn deal

Economy Financial Times
Gilts and sterling fall as traders brace for Burnham to challenge Starmer

Greater Manchester mayor is lightning rod for concerns over possible loosening of UK’s self-imposed borrowing limits

Economy Financial Times
Yemen prisoner swap boosts Saudi effort to contain Houthis

Biggest deal of its kind in 11 years signals Riyadh is stepping up push to keep rebels out of Iran war

Economy Financial Times
No good outcomes for Starmer

Andy Burnham’s entrance into the Labour leadership race has left Keir Starmer in a lose-lose-lose position

Economy Financial Times
Labour set to approve Andy Burnham’s by-election run

Move would clear one obstacle from Greater Manchester mayor’s path to Downing Street

Emerging Stocks Fall the Most Since March as Oil Jumps
Economy Bloomberg
Emerging Stocks Fall the Most Since March as Oil Jumps

Emerging-market stocks declined after two consecutive sessions of gains, pressured by rising oil prices and higher bond yields.

RBI Lifts Bond-Trading Target for Primary Dealers by 48%
Economy Bloomberg
RBI Lifts Bond-Trading Target for Primary Dealers by 48%

The Reserve Bank of India raised trading targets for the country’s bond market makers in a bid to boost liquidity, driving a surge in activity …

Trump and Xi Begin Second Day of Talks
Economy Bloomberg
Trump and Xi Begin Second Day of Talks

Donald Trump met Xi Jinping in Beijing’s leadership compound on Friday, kickstarting a second day of talks. (Source: Bloomberg)

Xi Sending Strong Signal on Taiwan, China Adviser Says
Economy Bloomberg
Xi Sending Strong Signal on Taiwan, China Adviser Says

Fudan University's Wu Xinbo, an adviser to China's Foreign Ministry, says President Xi Jinping's statement on Taiwan during a summit with President Donald Trump was …

Chinese Steel Mill Profitability at Highest Level Since August
Economy Bloomberg
Chinese Steel Mill Profitability at Highest Level Since August

China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement …

Global Bond Selloff Worsens as Rising Oil Prices Spook Investors
Economy Bloomberg
Global Bond Selloff Worsens as Rising Oil Prices Spook Investors

Government bond markets tumbled around the world, sending yields surging from Japan to the US on intensifying fears that the war-driven price shock will force …

Economy Financial Times
Gulf conflict puts focus on local luxury buyers

Uncertainty over when tourists will return to markets such as the UAE means brands are targeting value over volume

Economy Financial Times
Obscure Japanese stock measure widens on global hunt for AI winners

Record gulf between Tokyo’s Nikkei 225 and Topix reflects major influx of foreign capital, analysts say

Economy Financial Times
Is it time to worry about India’s foreign exchange reserves?

Also in this newsletter: government to invest $4bn in coal gasification

Gautam Adani to Settle With SEC, Nears End of US Legal Woes
Economy Bloomberg
Gautam Adani to Settle With SEC, Nears End of US Legal Woes

Gautam Adani is on the cusp of ending a series of legal threats in the US, paving the way for Asia’s richest man to ramp …

Oil Heads for Weekly Gain With Iran War Negotiations at Impasse
Economy Bloomberg
Oil Heads for Weekly Gain With Iran War Negotiations at Impasse

Oil headed for a weekly gain as the crucial Strait of Hormuz remains effectively closed, with efforts to end the war in limbo and disruptions …

Stocks Post Worst Day Since March as Bonds Get Hit: Markets Wrap
Economy Bloomberg
Stocks Post Worst Day Since March as Bonds Get Hit: Markets Wrap

A selloff in global bonds halted a rally in stocks, with concern intensifying that central banks will be forced to tighten policy to keep inflation …

Economy Financial Times
FirstFT: The ‘Taiwan question’ looms over US-China relations

Also in today’s newsletter: US authorities prepare to end Adani fraud cases, and private equity cools on India

Economy Financial Times
Starmer appoints new health secretary

PM conducts mini reshuffle of his team after Wes Streeting’s resignation

Economy Financial Times
Starmer braces for leadership challenge by Burnham

Greater Manchester mayor says he wants to contest a by-election and return to Westminster

Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson
Economy Bloomberg
Private Aviation 'Immunized' from Fuel Cost Spikes, Says Wheels Up's George Mattson

George Mattson, CEO of private aviation company Wheels Up, said that his company is 'immunized' from the impact of fuel cost spikes because they are …

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