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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Trump’s threats give EU pause for thought ahead of US trade deal …

Also in this newsletter: Compromise in Italo-Swiss fight over Alpine fire tragedy costs

Economy Financial Times
Slovakia classes hospitals as Nato defence spending to hit 2% target

Barring wartime use, two new medical facilities are designed to treat civilians

Economy Financial Times
Solar panel prices rise after China clampdown on producer competition

Rebound may spell end of the era of ever-cheaper cells after a price war that stoked huge losses among biggest producers

Star Sports Jumps 204% as Hong Kong Debut Frenzy Extends
Economy Bloomberg
Star Sports Jumps 204% as Hong Kong Debut Frenzy Extends

Shares of Star Sports Medicine Co., a maker of medical devices, surged as much as 204% in their Hong Kong trading debut on Tuesday, extending …

Copper Rises as Traders Assess Whether US-Iran Truce Can Hold
Economy Bloomberg
Copper Rises as Traders Assess Whether US-Iran Truce Can Hold

Copper rose slightly along with most risk assets, as traders monitor whether a fragile ceasefire in the Middle East can hold after the US and …

Economy Financial Times
US and Iran exchange fire as Hormuz crisis reignites

Oil holds on to gains as Tehran targets UAE and American forces hit Iranian fast boats

Economy Financial Times
Middle East war hits the Indian economy

Also in this newsletter, car sales at record highs

Economy Financial Times
Musk and SEC propose to settle Twitter lawsuit for just $1.5mn

US regulator claimed billionaire waiting too long to disclose his stake in the social media platform

Economy Financial Times
Australia becomes a trade deal champion to counter Trump and China

Facing hostility from its two largest trading partners, Canberra embarked on a drive to diversify

Gold Edges Higher on Dip Buying While Inflation Risks Still Loom
Economy Bloomberg
Gold Edges Higher on Dip Buying While Inflation Risks Still Loom

Gold edged higher on signs dip buyers stepped into the market after a flare-up in hostilities in the Middle East pushed down prices by 2% …

Regis to Buy Vault Minerals to Form $7.7 Billion Gold Miner
Economy Bloomberg
Regis to Buy Vault Minerals to Form $7.7 Billion Gold Miner

Australian gold miner Regis Resources Ltd. has agreed to buy Vault Minerals Ltd. in an all-share transaction that they said values the combined entity at …

Stocks Bounce and Oil Slips as Mideast Truce Holds: Markets Wrap
Economy Bloomberg
Stocks Bounce and Oil Slips as Mideast Truce Holds: Markets Wrap

US stock futures rebounded and oil prices eased as the ceasefire in the Middle East appeared to hold. Traders are also taking comfort that robust …

Oil Slips After Clashes Around Hormuz Strain Fragile Truce
Economy Bloomberg
Oil Slips After Clashes Around Hormuz Strain Fragile Truce

Oil dipped after Monday’s jump, as traders tracked the increasingly fragile four-week ceasefire in the Middle East following fresh clashes between the US and Iran.

Economy Financial Times
Citigroup sets new rewards structure for banking and wealth referrals

Employees will be paid directly for generating business instead of sharing revenue between the group’s units

State Street CEO: ETFs Have 'Exploded'
Economy Bloomberg
State Street CEO: ETFs Have 'Exploded'

State Street Chairman and CEO Ron O'Hanley discusses the company's strategic approach to the exploding ETF market, 'episodic' M&A, and the impacts of geopolitical risks …

Westpac Profit Misses Estimates as CEO Flags Mideast Risks
Economy Bloomberg
Westpac Profit Misses Estimates as CEO Flags Mideast Risks

Westpac Banking Corp.’s first-half profit missed expectations as Chief Executive Officer Anthony Miller flagged worries about the impact of the Middle East war on customers.

Investor Michael Burry Says He Exited Entire GameStop Position
Economy Bloomberg
Investor Michael Burry Says He Exited Entire GameStop Position

Famed investor Michael Burry sold his entire position in GameStop Corp. after the gaming retailer made an offer to buy e-commerce company eBay Inc. for …

Apollo-Owned Auto Supplier Tenneco Is Said to Tap Banks for IPO
Economy Bloomberg
Apollo-Owned Auto Supplier Tenneco Is Said to Tap Banks for IPO

Tenneco Inc. has picked banks to lead its initial public offering, according to people familiar with the matter, as the automotive supplier advances a public …

Economy Financial Times
OpenAI president defends his motives over for-profit coversion and $30bn stake

Lawsuit brought by Elon Musk accuses start-up’s executives of selling out its charitable mission for personal gain

Economy Financial Times
Rheinmetall’s first-quarter revenues fail to meet expectations

German company’s shares under pressure over profitability concerns and questions about the future of warfare

Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case
Economy Bloomberg
Musk Agrees to Pay $1.5 Million Over SEC Twitter Stake Case

Elon Musk agreed to pay $1.5 million to settle Securities and Exchange Commission allegations that he cheated Twitter shareholders in 2022 by failing to properly …

Economy Financial Times
Iran warns US Navy over Strait of Homuz as UAE intercepts missiles

Oil jumps to $114 as tensions flare up in Middle East

Economy Financial Times
Modi’s BJP wins historic landslide in key Indian state

Hindu nationalist party topples West Bengal’s leftwing chief minister after 15 years in power

Economy Financial Times
Trump family crypto venture sues major backer for defamation

World Liberty Financial accusation against Justin Sun comes after he sues firm over alleged fraud

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