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Latest news from trusted sources around the world

Wall Street Dares to Ask If China’s Property Turnaround Is Close
Economy Bloomberg
Wall Street Dares to Ask If China’s Property Turnaround Is Close

Just months into China’s housing downturn, the nation’s second-biggest developer declared the worst is over. A year later, its chairman backtracked on the call, and …

Economy Financial Times
Why it’s time to change Japan’s constitution

Amending the text would be a sign of the country’s flexibility in an era of uncertainty

Economy Financial Times
Spain to repatriate 150 passengers from cruise hit by rat-borne virus

Hantavirus outbreak has killed three passengers on ship, which is en route to Tenerife

Economy Financial Times
Musk tried to recruit Altman for role at Tesla before falling out …

Testimony from billionaire’s confidante Shivon Zilis reveals wrangling over the future of the AI lab that led to lawsuit

Stocks Hold Gains as Traders Await US-Iran Updates: Markets Wrap
Economy Bloomberg
Stocks Hold Gains as Traders Await US-Iran Updates: Markets Wrap

US stock futures held gains and Brent fell for a third straight day as traders waited for updates on a potential US-Iran peace deal that …

Economy Financial Times
Airbus wins $19bn order in Canada’s biggest ever aircraft deal

AirAsia orders 150 A220-300 airliners in big boost for Canadian manufacturing

China’s Midea Group Raises $2.2 Billion in Convertible Bond Sale
Economy Bloomberg
China’s Midea Group Raises $2.2 Billion in Convertible Bond Sale

Chinese appliance maker Midea Group Co. raised $2.2 billion from the upsized sale of dual-tranche convertible bonds with zero coupon, according to terms of the …

Economy Financial Times
Israel strikes Beirut for first time since ceasefire

Israeli forces have continued to hit targets in the south of the country but had not attacked Lebanese capital since April 8

Economy Financial Times
US prosecutors charge 30 with insider trading on law firm deal materials

Justice department says lawyers from elite Wall Street firms aided scheme with confidential transaction details

Economy Financial Times
Duke of Westminster’s property group to sell properties after losses in US

Grosvenor takes writedowns on North American sites and pledges to reinvest sale proceeds in joint ventures

Guggenheim ‘Leaning Into’ BDCs, Dina DiLorenzo Says
Economy Bloomberg
Guggenheim ‘Leaning Into’ BDCs, Dina DiLorenzo Says

Guggenheim Investments President Dina DiLorenzo says the firm is working to launch a nontraded business development company, calling private credit an “important” asset class. She …

Optimistic About Private Credit Opportunities: Poli
Economy Bloomberg
Optimistic About Private Credit Opportunities: Poli

Danielle Poli, co-portfolio manager, global credit at Oaktree Capital, and Gretchen Lam, CEO of Octagon Credit Investors, join Scarlet Fu on "Bloomberg Deals." The titans …

Fewer Private Credit Managers After Volatility: Lam
Economy Bloomberg
Fewer Private Credit Managers After Volatility: Lam

Gretchen Lam, CEO of Octagon Credit Investors, and Danielle Poli, co-portfolio manager, global credit at Oaktree Capital, join Scarlet Fu on "Bloomberg Deals." (Source: Bloomberg)

GameStop Makes $56B Bid For eBay, M&A Animal Spirits Are Strong At Milken | Bloomberg Deals 5/6/2026
Economy Bloomberg
GameStop Makes $56B Bid For eBay, M&A Animal Spirits Are Strong At …

A weekly, midday program that delivers high-impact, editorially driven coverage of the most important corporate transactions shaping the global market. Today's guests: Searchlight Capital Founding …

Economy Financial Times
CNN founder Ted Turner dies at 87

Flamboyant billionaire created first 24-hour news network in US that transformed media and political landscape

Economy Financial Times
Morgan Stanley to launch spot crypto trading on E*Trade platform

Wall Street bank becomes one of a handful of big lenders to offer service

Economy Financial Times
Landlords and second-home buyers squeezed by stamp duty surcharge

Buyers of additional properties now pay the lion’s share of SDLT in most English local authorities

Where to Invest Now That Moon Race 2.0 Is Here
Economy Bloomberg
Where to Invest Now That Moon Race 2.0 Is Here

As Morgan Stanley analysts put it, “space is back in a big way,” with renewed momentum spanning everything from raw materials and mining to fuel …

OPEC Output Falls to New 36-Year Low on Iran War, Survey Shows
Economy Bloomberg
OPEC Output Falls to New 36-Year Low on Iran War, Survey Shows

OPEC’s crude production fell to a new 36-year low last month as the Iran war continued to choke off exports from the Persian Gulf and …

Economy Financial Times
PayPal, Mastercard and Visa probed over alleged UK antitrust breaches

Move is rare exercise of Financial Conduct Authority’s competition law powers

Economy Financial Times
Can Europe develop an alternative to US Tomahawks?

Initiatives will take a decade to complete but there are some stopgap solutions

US Exports of Oil Products Reach Record on Diesel Demand
Economy Bloomberg
US Exports of Oil Products Reach Record on Diesel Demand

US exports of oil products rose to a record high last week as the nation continues to help make up for disruptions to fuel supplies …

Poland Holds Rates as Iran War Fallout Stokes Inflation
Economy Bloomberg
Poland Holds Rates as Iran War Fallout Stokes Inflation

Poland’s central bank kept interest rates unchanged for a second month as the fallout of the Iran war on energy prices revives long-benign domestic inflation.

European Bond Market Has Record Day as Rates Outlook Worsens
Economy Bloomberg
European Bond Market Has Record Day as Rates Outlook Worsens

Companies flooded Europe’s bond market at a record pace, rushing to lock in funding as central banks warn the Iran conflict could reignite inflation and …

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