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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
India’s Modi celebrates a return to dominance

BJP’s landslide election in West Bengal shows the prime minister’s ability to appeal to voters across the country

Economy Financial Times
Spirit’s demise spurs finger-pointing as rivals survey remains

Trump and Democrats seek to avoid economic and political fallout for first major corporate casualty of the Iran war

Alphabet’s Record Canadian Debt Deal Weighs on Bond Spreads
Economy Bloomberg
Alphabet’s Record Canadian Debt Deal Weighs on Bond Spreads

Alphabet Inc.’s C$8.5 billion ($6.24 billion) bond deal is driving corporate and provincial spreads wider in Canada as investors’ enthusiasm for the hyperscaler’s debt tests …

US Utility Threatens to Quit Power Grids on Data Center Rift
Economy Bloomberg
US Utility Threatens to Quit Power Grids on Data Center Rift

American Electric Power Co., one of the largest US utilities, is threatening to remove itself from two of the country’s biggest electricity grids over the …

Goldman's Snider Sees 'Yellow Flags' in Equities
Economy Bloomberg
Goldman's Snider Sees 'Yellow Flags' in Equities

Ben Snider, chief US equities strategist at Goldman Sachs Group Inc., says only a small number of stocks are driving the market to new highs. …

Economy Financial Times
KKR at 50: ‘It used to be easy in the old days’

As the original private equity barbarian reaches milestone, the FT interviews its founders and their successors

Economy Financial Times
Coinbase to cut 14% of staff over impact of AI and volatile …

Crypto exchange’s CEO says technology is speeding up its processes, meaning fewer employees are needed

Economy Financial Times
UK long-term borrowing costs hit highest level since 1998

Yields on 30-year gilts hit 28-year high on expectations BoE will raise rates two or three times to counter inflation threat

Economy Financial Times
Romanian PM loses confidence vote as Socialists team up with far right

Ilie Bolojan tried to push through austerity measures to rein in EU’s highest deficit

Economy Financial Times
Fragile US-Iran ceasefire on even shakier ground after latest strikes

Also in today’s newsletter, how America’s small businesses are being left out of the Trump tariff refunds

ECB’s Lagarde Urges Europe to Cut Reliance on Energy Imports
Economy Bloomberg
ECB’s Lagarde Urges Europe to Cut Reliance on Energy Imports

European Central Bank President Christine Lagarde said soaring energy costs due to the Iran war should act as a wake-up call for Europe to reduce …

US Stocks Rise With Eyes on Fragile Iran Ceasefire, AMD Results
Economy Bloomberg
US Stocks Rise With Eyes on Fragile Iran Ceasefire, AMD Results

US stocks were on track to set a record high on Tuesday as the US-Iran ceasefire appeared to hold after clashes in the Strait of …

India’s RBI Mulls New Move Using Foreign Bonds to Prop Up Rupee
Economy Bloomberg
India’s RBI Mulls New Move Using Foreign Bonds to Prop Up Rupee

India’s central bank is weighing a plan for state lenders to sell foreign-currency bonds, mulling a tool last used nearly three decades ago to draw …

EM Stocks Hold Near Record as Traders Cling to Fragile Truce
Economy Bloomberg
EM Stocks Hold Near Record as Traders Cling to Fragile Truce

Currencies from the developing world pared losses and stocks held near record highs as fears of an escalation in the Middle East conflict eased, while …

Singapore’s Marina One Office Complex Said to Attract CapitaLand, Hongkong Land
Economy Bloomberg
Singapore’s Marina One Office Complex Said to Attract CapitaLand, Hongkong Land

CapitaLand Group Pte and Hongkong Land Holdings Ltd. are among possible bidders for the Marina One high-rise complex in Singapore’s central business district, according to …

Sadler Accused Bankers of Botching Block Trade as He Sold Stock
Economy Bloomberg
Sadler Accused Bankers of Botching Block Trade as He Sold Stock

Segantii Capital Management founder Simon Sadler accused bankers of mishandling a block trade in fashion retailer Esprit Holdings Ltd. as his own firm was shorting …

Economy Financial Times
FirstFT: Consumers to face more pain, company executives warn

Also in today’s newsletter: HSBC reports lower profits and Australia raises interest rates

Economy Financial Times
Zelenskyy calls Putin’s ceasefire appeal ‘cynical’ as strikes continue

Russia and Ukraine trade rival proposals to pause fighting ahead of second world war anniversary events

Debt Crisis Brews in Brazil as 8 Million Firms Miss Payments
Economy Bloomberg
Debt Crisis Brews in Brazil as 8 Million Firms Miss Payments

Take a glance at the stock market, and all appears well in the Brazilian economy. The Ibovespa has soared more than any other major index …

Economy Financial Times
Anti-racism movement is not ‘muted’ — it has been left to shrink

Instead of asking more from depleted groups, Westminster should focus on how to rebuild and better resource them

Economy Financial Times
Vodafone to take full control of UK mobile operator in £4.3bn deal

CK Hutchison’s decision to sell 49% stake is latest in series of Hong Kong conglomerate’s asset disposals

Japan Has Two More Windows for Yen Intervention by IMF Rules
Economy Bloomberg
Japan Has Two More Windows for Yen Intervention by IMF Rules

Japan can conduct only two more sessions of three-day interventions by November if it wants to maintain its status of having a freely floating exchange …

Economy Financial Times
Australia bucks global trend and raises interest rates

Central bank cites higher fuel prices as result of Iran war as it unveils third increase this year

Alphabet Returns to Euro Debt Market for Latest AI Megabond Deal
Economy Bloomberg
Alphabet Returns to Euro Debt Market for Latest AI Megabond Deal

Alphabet Inc. needs to borrow heavily to fund investments in artificial intelligence, and it’s increasingly tapping every market to do so.

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