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Latest news from trusted sources around the world

IMF Warns Demand for Angola’s Bonds to Cool If Iran War Drags On
Economy Bloomberg
IMF Warns Demand for Angola’s Bonds to Cool If Iran War Drags …

The International Monetary Fund said demand for Angola’s bonds will wane if the Iran war continues, putting pressure on inflation and the southern African nation’s …

Economy Financial Times
Kalshi valuation quadruples to $22bn in less than a year

Platform raises $1bn in fundraise led by Philippe Laffont’s investment firm Coatue

Economy Financial Times
FT quiz: the week in news

Ten topical questions to test your news nous

Economy Financial Times
China hands two former defence ministers suspended death sentences

Punishment underlines severity of Xi Jinping’s sweeping purge of powerful military

I Squared, Blackstone Eye €2.5 Billion Stroeer Buyout
Economy Bloomberg
I Squared, Blackstone Eye €2.5 Billion Stroeer Buyout

I Squared and Blackstone Inc. are edging closer to making a bid for Stroeer SE & Co. that could value the German media group at …

Merz Slams UniCredit for Destroying Trust In Commerzbank Bid
Economy Bloomberg
Merz Slams UniCredit for Destroying Trust In Commerzbank Bid

Chancellor Friedrich Merz reinforced his criticism of UniCredit SpA’s bid for Commerzbank AG, saying the Italian lender was destroying trust as it attempts to take …

BASF Coatings’ €3.9 Billion Debt Deal Lures Threefold Demand
Economy Bloomberg
BASF Coatings’ €3.9 Billion Debt Deal Lures Threefold Demand

A debt package for the auto paint and finishing division of European chemicals firm BASF SE drew demand of over three times the deal’s size, …

Fed’s Collins Agreed With FOMC Dissenters Over Statement
Economy Bloomberg
Fed’s Collins Agreed With FOMC Dissenters Over Statement

Federal Reserve Bank of Boston President Susan Collins said she agreed with colleagues who dissented at last week’s monetary policy gathering over wording in the …

Economy Financial Times
FirstFT: US fuel exports surge as pump prices rise

Also in today’s newsletter: virus-hit ship sails for the Canary Islands, and Wall Street’s salacious lawsuit

Economy Financial Times
Trump is his own worst enemy

Previous US presidents have been undone by oil price shocks, but rarely ones of their own making

Economy Financial Times
How the oilman’s president boosted a green transition

Donald Trump’s Iran war has made fossil fuels expensive and unreliable

US Yields at 5% Tug Traders Between Dip-Buying Greed and Fear
Economy Bloomberg
US Yields at 5% Tug Traders Between Dip-Buying Greed and Fear

In some circles on Wall Street, the hottest debate isn’t about a tech-stock bubble or $100 oil as the new norm. It’s whether 30-year Treasury …

Vestas CEO on Demand, European Energy Security
Economy Bloomberg
Vestas CEO on Demand, European Energy Security

Vestas beat analysts estimates for profits in the first quarter of the year, as demand for wind turbines increased. CEO Henrik Andersen joined Bloomberg's The …

Kalshi Does No Better Than Experts on Key Jobs Forecasting Test
Economy Bloomberg
Kalshi Does No Better Than Experts on Key Jobs Forecasting Test

Prediction markets have promised traders more accurate, real-time forecasts on crucial economic data releases.

Economy Financial Times
ECB should keep its options open for June meeting, says departing French …

François Villeroy de Galhau warns policymakers to focus on ‘second-round effects’ of energy shock

Economy Financial Times
Norway’s central bank raises interest rates amid impact of Iran conflict

Norges Bank says situation in Middle East is ‘still causing substantial uncertainty about the economic outlook’

Economy Financial Times
Solomon Islands ousts PM who sought to balance China and west

Political upheaval in Pacific island battleground threatens to derail Australia security deal

Vodacom Kenya Unit Posts Record Profit, Cuts Ethiopia Losses
Economy Bloomberg
Vodacom Kenya Unit Posts Record Profit, Cuts Ethiopia Losses

East African telecommunications operator Safaricom Plc’s annual profit jumped 67%, beating expectations, after its unit in populous Ethiopia narrowed its loss.

Dry-Bulk Shipping Rates Hit Two-Year High on Capesize Demand
Economy Bloomberg
Dry-Bulk Shipping Rates Hit Two-Year High on Capesize Demand

A key measure of bulk-shipping rates jumped to the highest level since December 2023, driven by rising demand for Capesize vessels along with tightening supply …

China Asks Banks to Pause New Loans to US-Sanctioned Refiners
Economy Bloomberg
China Asks Banks to Pause New Loans to US-Sanctioned Refiners

China’s financial regulator has advised the country’s largest banks to temporarily suspend new loans to five refiners recently sanctioned by the US over their ties …

LME Sees Hong Kong Sheds Swelling to Hundreds of Thousands Tons
Economy Bloomberg
LME Sees Hong Kong Sheds Swelling to Hundreds of Thousands Tons

The London Metal Exchange is ready to expand its suite of approved warehouses in Hong Kong after licensing the first last year, according to Chief …

Economy Financial Times
Middle East crisis day 68 as it happened: Iran says it is …

Trump says US military campaign will end if Iran ‘agrees to give what has been agreed to’

Economy Financial Times
‘Plastic shock’ hits Asia as Iran oil crisis strangles supplies

Shortage of petrochemical inputs drives up prices of packaging for food and medical products

Surveillance Firm Hawkeye 360 Raises $416 Million in IPO
Economy Bloomberg
Surveillance Firm Hawkeye 360 Raises $416 Million in IPO

Hawkeye 360 Inc., a provider of satellite-based signals intelligence for US government agencies, raised $416 million in a US initial public offering priced at the …

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