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Latest news from trusted sources around the world

Lake Como Club’s Bold Business Play
Economy Bloomberg
Lake Como Club’s Bold Business Play

A small Italian soccer club is rewriting the business of sports—turning Lake Como into a luxury global brand. Como 1907 President Mirwan Suwarso joined Bloomberg …

Leo Pharma Is Said to Add More Banks to Copenhagen IPO Lineup
Economy Bloomberg
Leo Pharma Is Said to Add More Banks to Copenhagen IPO Lineup

Leo Pharma AS has picked more banks to help it prepare for a possible initial public offering in Copenhagen, according to people familiar with the …

Economy Financial Times
Jihadis blockade Malian capital as offensive gathers pace

Bamako targeted as rebels celebrate retreat of Russian paramilitaries from Kidal in the north

Economy Financial Times
Reader callout: Are you part of the UK ‘brain drain’?

Tell us what made you want to leave home turf

Economy Financial Times
Golders Green attack suspect tried to kill another man earlier in the …

45-year-old Essa Suleiman appears charged with attempted murder of two Jewish men this week in north London

Economy Financial Times
Pentagon signs new military AI deals with Nvidia, Microsoft and Amazon

New contracts with tech companies come after clash with Anthropic over Claude use

Economy Financial Times
Republicans and the King’s speech

It was revealing that many GOP lawmakers cheered for the separation of powers

Economy Financial Times
Why the US should refuse the UAE a dollar swap line

The UAE wants a swap line. The US wants to give it. Why?

UK Billionaire’s Family Office Targets More Private Equity Exits
Economy Bloomberg
UK Billionaire’s Family Office Targets More Private Equity Exits

The billionaire UK founder of a home-repair business acquired by Brookfield Asset Management is working to ramp up his family office’s private equity exits, as …

AI Agents Are Becoming Day Traders, But Gains Are Elusive
Economy Bloomberg
AI Agents Are Becoming Day Traders, But Gains Are Elusive

Jake Nesler’s AI trading bot got one big decision right in its first week. It ignored the chase.

Economy Financial Times
My Tunis, by photographer Bachir Tayachi

The creative tours his hometown’s markets, coffee shops and rooftops

Economy Financial Times
Welsh Labour is heading into a perfect storm

Leadership upheaval and dissatisfaction with Westminster are putting pressure on the party

Economy Financial Times
UK house price rise defies economic impact of Iran war

Unexpected increase in April supported by relative strength in household finances

Economy Financial Times
South East Water’s management should be sacked, MPs say

Shareholders in utility group should also ‘take share of blame’ for failures, says parliamentary report

Aluminum Gains as Trump Vows to Maintain Naval Blockade on Iran
Economy Bloomberg
Aluminum Gains as Trump Vows to Maintain Naval Blockade on Iran

Aluminum gained, with traders seeing little prospect of an imminent opening of the Strait of Hormuz that would ease availability of the metal.

Economy Financial Times
US GDP: still ultimately about the consumer

Plus central bank hold ’em

Singapore PM Warns of AI Disruptions, Vows to Support Workers
Economy Bloomberg
Singapore PM Warns of AI Disruptions, Vows to Support Workers

Singapore Prime Minister Lawrence Wong warned of bigger disruptions ahead as the country navigates a more uncertain global environment, from the Iran conflict to the …

Yen Rally Is at Risk of Fading Fast Without More Intervention
Economy Bloomberg
Yen Rally Is at Risk of Fading Fast Without More Intervention

The yen’s intervention-fueled rally is at risk of evaporating quickly, increasing the likelihood that Japan will have to wade back into the market to shore …

Record-Low Spreads on EM Asia High-Grade Debt Show Resilience
Economy Bloomberg
Record-Low Spreads on EM Asia High-Grade Debt Show Resilience

Yield premiums on emerging-market Asian investment-grade dollar bonds have tightened to unprecedented levels amid reduced new issuance and China’s economic resilience despite Iran-war disruptions.

Economy Financial Times
Chinese spy agency warns nation’s young people against dropping out

‘Foreign forces’ blamed for rising number of disaffected youths who are quitting their careers to ‘lie flat’

Economy Financial Times
Huawei’s AI chip sales surge as Nvidia stalls in China

Chinese tech companies place large orders for the Shenzhen-based group’s latest range of AI processors

India’s Heat Exposes a Fragile Grid as Energy Crunch Deepens
Economy Bloomberg
India’s Heat Exposes a Fragile Grid as Energy Crunch Deepens

India is preparing for a blistering summer until monsoon rains arrive in June, with above-normal heat already straining power grids at a time when the …

Gold Notches Second Weekly Loss as US-Iran Talks Hang in Limbo
Economy Bloomberg
Gold Notches Second Weekly Loss as US-Iran Talks Hang in Limbo

Gold steadied as traders digested the latest developments in the standoff between the US and Iran that’s heightened inflation risks and dashed hopes for rate …

S&P 500 Index Futures Rise on Earnings, Yen Gains: Markets Wrap
Economy Bloomberg
S&P 500 Index Futures Rise on Earnings, Yen Gains: Markets Wrap

US equity-index futures advanced, signaling that a rally which pushed Wall Street gauges to record highs on strong megacap tech earnings may have further to …

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