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Latest news from trusted sources around the world

Trump Rues State of Iran Talks, Says Prefers Not to Strike
Economy Bloomberg
Trump Rues State of Iran Talks, Says Prefers Not to Strike

President Donald Trump expressed displeasure with the current state of negotiations with Iran but stopped short of threatening fresh military action in the nine-week conflict …

Is This a Stock Market Melt-Up? Here Are Ways to Tell
Economy Bloomberg
Is This a Stock Market Melt-Up? Here Are Ways to Tell

The stock market is on a tear again, with high-flying technology stocks propelling the S&P 500 Index toward fresh records and luring swaths of momentum-chasing …

Economy Financial Times
Berkshire cash pile climbs to $380bn as stock sales streak hits 14th …

Greg Abel to address shareholders at first gathering since he succeeded Warren Buffett

Golden Tempo Takes Kentucky Derby, Makes History for Female Trainer
Economy Bloomberg
Golden Tempo Takes Kentucky Derby, Makes History for Female Trainer

LOUISVILLE, Ky. (AP) — After being asked all week about the possibility of becoming the first woman to train a Kentucky Derby winner, Cherie DeVaux …

Berkshire Hathaway’s Cash Surges in Abel’s First Quarter as CEO
Economy Bloomberg
Berkshire Hathaway’s Cash Surges in Abel’s First Quarter as CEO

Berkshire Hathaway Inc.’s cash pile soared to its highest level ever and operating earnings jumped in Greg Abel’s first quarter as chief executive officer.

Economy Financial Times
Canada’s diamond industry begins a long goodbye

The closure of Rio Tinto’s Diavik mine is the beginning of the end for a lifeline of the remote Northwest Territories

Oil Tanker Pricing Feud Embroils Centuries-Old London Market
Economy Bloomberg
Oil Tanker Pricing Feud Embroils Centuries-Old London Market

A legal claim from one of the world’s largest oil traders is throwing a spotlight on an arcane but critical corner of global finance — …

Economy Financial Times
US should ‘finish the job’ if Iran does not yield, says Lindsey …

The veteran senator is one of the most hawkish Republicans with influence over the US president

Economy Financial Times
Mexican president caught between Trump and her party

Claudia Sheinbaum risks US leader’s ire with refusal to hand over Sinaloa governor and nine officials on US drugs charges

Economy Financial Times
Q&A: The future of the Federal Reserve

The US central bank is at a pivotal moment in its history

Economy Financial Times
Bringing Ukraine into the EU fold

Officials are none the wiser about how to bring Kyiv into the bloc

Economy Financial Times
US warns Europe of delays to arms shipments as Iran war drains …

Deferred deliveries could include those used in Ukraine’s defence against Russia

Economy Financial Times
EM’s vanishing diversification

AI concentration makes EMs look like DMs

India's Woes Bigger Than Any One Political Figure, Amitav Ghosh Says
Economy Bloomberg
India's Woes Bigger Than Any One Political Figure, Amitav Ghosh Says

"The problem for India goes beyond any one political figure." Amitav Ghosh tells Mishal Husain that India is struggling to find its role in the …

Inside the Booming Market for Dinosaur Fossils
Economy Bloomberg
Inside the Booming Market for Dinosaur Fossils

Why fossils are selling for millions to wealthy collectors.

Economy Bloomberg
Odd Lots: Inside a Booming Market for Dinosaur Fossils (Podcast)

Two years ago, Citadel’s Ken Griffin paid almost $45 million or a stegosaurus skeleton, making it the most expensive fossil ever sold at auction. So …

Economy Financial Times
Spirit Airlines winds down operations after bailout talks founder

Trump said US would only proceed with rescue for bankrupt budget carrier ‘if it’s a good deal’

Spirit Ends Operations After White House Bailout Collapses
Economy Bloomberg
Spirit Ends Operations After White House Bailout Collapses

Spirit Aviation Holdings Inc. is winding down operations after the troubled US discount carrier buckled under the weight of surging fuel prices and a government …

India-Linked Tanker Laden With Cooking Fuel Attempts Hormuz Exit
Economy Bloomberg
India-Linked Tanker Laden With Cooking Fuel Attempts Hormuz Exit

An India-linked supertanker laden with liquefied petroleum gas is attempting to transit the Strait of Hormuz, a rare crossing that underscores the country’s struggle to …

Economy Financial Times
The physical world strikes back

The Iran war is a reminder that geographic facts rather than digital tech shape our lives

Economy Financial Times
Theatre investing could benefit from a venture capital mindset

But an enticing backdrop can’t hide the fact that the risks are real and sizeable

Economy Financial Times
Wall Street traders post triple the gains of European rivals

Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings

Economy Financial Times
Top donors split over UK museums charging foreign tourists

Free admission to the 15 national museums and galleries began in 2001

Economy Financial Times
Meta stock might look cheap if it weren’t for Mark Zuckerberg

Not only is the Facebook boss spinning a lot of plates, but his worldview is not like that of a typical chief executive

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