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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Foreign investors’ exit from India at record high

Also in this newsletter, all that glitters is gold

Japan Reserves Data Likely Too Early to Show Intervention
Economy Bloomberg
Japan Reserves Data Likely Too Early to Show Intervention

Japan’s foreign currency reserves at the end of April were largely unchanged from the previous month, likely an indication that recent currency intervention in the …

Economy Financial Times
Starmer makes last-ditch bid to save his premiership

UK prime minister prepares for crucial cabinet meeting as mood turns ‘pretty ugly’ in Labour Party

Chip Stocks Sink as Inflation Woes Boost US Yields: Markets Wrap
Economy Bloomberg
Chip Stocks Sink as Inflation Woes Boost US Yields: Markets Wrap

A selloff in high-flying chipmakers drove stocks lower, with the market also falling alongside bonds after inflation data showed the impacts of energy disruptions stemming …

Economy Financial Times
FirstFT: Donald Trump to press Xi Jinping on China’s support for Iran …

Also in today’s newsletter: Modi calls on Indians to tighten belts, and Shein accuses Temu of ‘industrial-scale’ copyright violations

Ackman’s Pershing Seeks to Toss Suit Over Howard Hughes Deal
Economy Bloomberg
Ackman’s Pershing Seeks to Toss Suit Over Howard Hughes Deal

Pershing Square sought to toss what it called a “facially defective” shareholder lawsuit accusing founder Bill Ackman of bullying Howard Hughes Holdings Inc. directors into …

Another Record Setting Day for US Equities | Closing Bell
Economy Bloomberg
Another Record Setting Day for US Equities | Closing Bell

Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. …

Economy Financial Times
Three cabinet ministers urge Keir Starmer to consider his position

PM faces intense pressure after more than 70 MPs call on him to quit following dire election results

Central Banks in Wait-and-See Mode: Kochugovindan
Economy Bloomberg
Central Banks in Wait-and-See Mode: Kochugovindan

Aberdeen Senior Research Economist Sree Kochugovindan, says inflation expectations remain anchored for now and monetary policy remains on hold for the BOE, ECB and the …

Economy Financial Times
US considers suspending fuel tax as Iran war pushes up prices

Republican Senator Josh Hawley introduces legislation after Donald Trump backs move

Economy Financial Times
South African leader Cyril Ramaphosa vows to fight impeachment attempts

Revival of ‘Phala Phala’ scandal threatens turbulence for president’s ANC and ruling coalition

Economy Financial Times
Nadella says the attempt to remove Altman from OpenAI was ‘amateur city’

Microsoft chief explains his decision to back AI lab’s boss in 2023 coup attempt during testimony in Elon Musk’s lawsuit

Hims’ Pivot to Branded Obesity Drugs Comes With Rising Costs
Economy Bloomberg
Hims’ Pivot to Branded Obesity Drugs Comes With Rising Costs

Hims & Hers Health Inc. reported a first-quarter loss and sales that missed Wall Street estimates as it faces higher costs associated with its strategic …

Economy Financial Times
Three cruise ship evacuees test positive for hantavirus

French passenger from MV Hondius in ‘intensive care’ while US and Spanish citizens are also infected

Economy Financial Times
Zelenskyy’s former chief of staff targeted in major corruption probe

Ukrainian authorities serve Andriy Yermak with an official notice that he is a suspect in $100mn graft scandal

Radio Station Owner Spanish Broadcasting Files Bankruptcy
Economy Bloomberg
Radio Station Owner Spanish Broadcasting Files Bankruptcy

Radio station owner Spanish Broadcasting System Inc. filed for bankruptcy on Monday after announcing plans to hand ownership to noteholders in exchange for restructuring the …

Economy Bloomberg
SEC Moves to End ‘Gag Rule’ Criticized by Musk and Cuban

The White House is reviewing a plan for the Securities and Exchange Commission to end its decades-old policy that lets companies and people settle enforcement …

Economy Financial Times
Saudi Aramco warns fuel stocks heading for ‘critically low levels’

Amin Nasser warns depletion of gasoline and jet fuel inventories is ‘rapidly accelerating’ due to Hormuz closure

Bond CEO: Private Jet Demand Set to Surge
Economy Bloomberg
Bond CEO: Private Jet Demand Set to Surge

Bill Papariella, CEO of the private jet company Bond joined Bloomberg Open Interest to explain why the rich are about to fly even more, and …

Starz CEO: Niche Hits Drive Growth
Economy Bloomberg
Starz CEO: Niche Hits Drive Growth

Starz CEO Jeffrey Hirsch breaks down how hits like Outlander are powering the company’s post-spinoff strategy. By targeting loyal niche audiences, leveraging big platforms like …

Flex CEO Bets Big On AI
Economy Bloomberg
Flex CEO Bets Big On AI

Flex CEO Revathi Advaithi joined Bloomberg Open Interest to explain why she is leaving the top job to lead Flex’s AI infrastructure spinoff, a $6.5 …

Economy Financial Times
Trump says Iran’s response to peace proposal ‘unacceptable’

Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz

Economy Financial Times
Transcript of an interview with Luis de Guindos

Transcript from an interview with the vice-president of the European Central Bank

Economy Financial Times
Fomo is a poor motivation for EU tech policy

Europe’s large public sectors are a powerful tool to build a market for native tech

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