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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
EU weighs adding carbon costs to outbound flights

Proposal likely to trigger backlash from airline industry and the US

Economy Financial Times
The best exhibitions to see in London this weekend

The FT’s critics recommend the most compelling 2026 shows, from Henry Moore and Cecily Brown to Tracey Emin to Zurbarán

Nvidia, Chipmakers Lift Stocks as Advance Defies War Jitters
Economy Bloomberg
Nvidia, Chipmakers Lift Stocks as Advance Defies War Jitters

US equities resumed their advanced midmorning Monday, as strong earnings reports spurred bullish Wall Street strategists to raise their targets on the S&P 500 this …

PBOC Warns on Imported Inflation, Focuses on Policy Transmission
Economy Bloomberg
PBOC Warns on Imported Inflation, Focuses on Policy Transmission

China’s central bank has warned on the risks of imported inflation from higher oil prices stemming from the war in Iran, offering no hint of …

Why Modi Wants Indians to Pause Gold Buying
Economy Bloomberg
Why Modi Wants Indians to Pause Gold Buying

India’s love for gold may be going on pause. PM Narendra Modi is urging citizens to avoid buying gold for a year as the ongoing …

Dream Finders Homes Offers $704 Million to Buy Rival Beazer
Economy Bloomberg
Dream Finders Homes Offers $704 Million to Buy Rival Beazer

Dream Finders Homes Inc. submitted a $704 million offer to acquire rival homebuilder Beazer Homes USA Inc., which rejected the bid as too low.

RRJ, Pimco Invest in HK Developer PCPD’s $500 Million Bond Sale
Economy Bloomberg
RRJ, Pimco Invest in HK Developer PCPD’s $500 Million Bond Sale

RRJ Capital and Pacific Investment Management Co. are among investors in a $500 million bond offering from Hong Kong billionaire Richard Li’s Pacific Century Premium …

EON Set to Acquire Ovo to Create UK Energy Supply Giant
Economy Bloomberg
EON Set to Acquire Ovo to Create UK Energy Supply Giant

EON SE announced it would acquire Ovo Energy Ltd, potentially creating one of the largest energy providers in the UK, according to a statement.

Economy Financial Times
The Labour shift hastening Starmer’s fall

Catherine West’s leadership challenge comes as support for Angela Rayner softens among party’s soft left

Economy Financial Times
Modi calls on Indians to tighten their belts amid Gulf crisis

PM asks citizens to work from home, limit gold purchases and stop travelling abroad to conserve foreign exchange

Economy Financial Times
US jobs: two in a row

Plus, how to protect central bank independence

Emerging-Market Stocks Set for Record High on Technology Rally
Economy Bloomberg
Emerging-Market Stocks Set for Record High on Technology Rally

Emerging-market equities rose, with artificial intelligence-related stocks keeping the benchmark buoyant as stalled peace talks between the US and Iran pushed up oil prices. Most …

China April Auto Sales Drop as War Hits Demand for Gasoline Cars
Economy Bloomberg
China April Auto Sales Drop as War Hits Demand for Gasoline Cars

China’s car sales fell 21.5% in April after deliveries of gasoline vehicles plunged due to the Iran oil shock, and electric car demand wasn’t strong …

Economy Financial Times
China fixes currency at 3-year high ahead of Trump-Xi meeting

Data meanwhile shows deflationary pressures easing in world’s second-largest economy

Floundering Rupee May Keep Indian Equities on a Tight Leash
Economy Bloomberg
Floundering Rupee May Keep Indian Equities on a Tight Leash

Monex Europe expects the rupee to hit 98 per dollar by year-end.

JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom
Economy Bloomberg
JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom

JPMorgan Chase & Co. raised its targets for South Korean stocks for the second time in less than a month, citing improvement in the semiconductor …

China’s Factory Inflation Hits Post-Covid High After Cost Shock
Economy Bloomberg
China’s Factory Inflation Hits Post-Covid High After Cost Shock

China’s factory prices grew at the fastest pace since the pandemic four years ago as the fallout from the Iran war sharply raises costs and …

Economy Financial Times
India’s cricket cash machine faces a slower run rate

The commercial pitch has become tougher for teams amid less competition for streaming rights and an advertising crackdown

Economy Financial Times
UK government unit targets £99bn of investment from Australian pension funds

Plan will ‘deliver long-term economic growth while boosting our already strong trade relationship’, says minister

Economy Financial Times
Trump to press China’s Xi about Iran war at summit

US president arrives in Beijing on Wednesday for his second in-person meeting with Chinese leader

Gold Falls as Trump Rejection of Iran Offer Fans Inflation Fears
Economy Bloomberg
Gold Falls as Trump Rejection of Iran Offer Fans Inflation Fears

Gold fell as President Donald Trump’s rejection of Iran’s latest peace offer to end the war in the Middle East fanned inflation fears.

Asian Stocks Rise Led by Tech, Oil Climbs on Iran: Markets Wrap
Economy Bloomberg
Asian Stocks Rise Led by Tech, Oil Climbs on Iran: Markets Wrap

Asian stocks rose as traders boosted bets on the AI trade, brushing aside Middle East tensions even after President Donald Trump’s rejection of Iran’s latest …

Oil Climbs as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer
Economy Bloomberg
Oil Climbs as Hormuz Stays Shut After Trump Rebuffs Iran’s Offer

Oil rose after US President Donald Trump rejected Iran’s response to his latest peace proposal, prolonging the effective closure of the crucial Strait of Hormuz.

Economy Financial Times
FirstFT: Trump calls Iran’s response to peace proposal ‘unacceptable’

Also in today’s newsletter: evacuation of hantavirus-hit cruise ship begins, and Germany revises push to buy US Tomahawks

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