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Latest news from trusted sources around the world

Economy Financial Times
Hedge fund Elliott likens Iran war to fight against Nazis

In its latest letter to investors the hedge fund backed pre-emptive action against ‘hostile power’

Economy Financial Times
ECB holds interest rates at 2% as inflation rises

Policymakers warn risks to Eurozone economy from Middle East conflict have ‘intensified’

Economy Financial Times
Disney’s skirmish with Trump’s TV watchdog is no joke

The media group cannot easily afford to ditch its profitable linear networks, which limits its ability to defy the FCC

Taiwan's Cheng Li-wun Seeks Trump Meeting After Beijing Trip
Economy Bloomberg
Taiwan's Cheng Li-wun Seeks Trump Meeting After Beijing Trip

Cheng Li-wun discusses her hope to meet President Trump following her Beijing visit, aiming to convey Taiwan's commitment to avoiding conflict and securing lasting cross-strait …

US Stocks Rise on Earnings, on Course for Best Month Since 2020
Economy Bloomberg
US Stocks Rise on Earnings, on Course for Best Month Since 2020

US stocks advanced on Thursday as investors focused on resilient US economic growth and corporate earnings while oil prices fell from a four-year high.

Emerging Stocks See Best Month Since 2022 Amid AI Boom, Oil Fear
Economy Bloomberg
Emerging Stocks See Best Month Since 2022 Amid AI Boom, Oil Fear

Emerging-market equities posted the best month since 2022, fueled by rallies in Asian technology shares on optimism over artificial intelligence demand, even as oil supply …

Meta Looks to Raise as Much as $25 Billion With Jumbo Bond Sale
Economy Bloomberg
Meta Looks to Raise as Much as $25 Billion With Jumbo Bond …

Meta Platforms Inc. is looking to sell between $20 billion and $25 billion of investment-grade bonds on Thursday, according to people with knowledge of the …

Economy Financial Times
FirstFT: Google pulls ahead as Big Tech AI spending targets surge

Also in today’s newsletter: oil passes $125 a barrel, and Russia’s Mali setback

Czech Policymaker Says Hike Likely Next Move But No Need to Rush
Economy Bloomberg
Czech Policymaker Says Hike Likely Next Move But No Need to Rush

A senior Czech central banker downplayed any possibility of imminent monetary tightening in a reaction to a surge in oil prices, though acknowledged an increase …

Manus Becomes Cautionary Tale As China Blocks Meta Deal
Economy Bloomberg
Manus Becomes Cautionary Tale As China Blocks Meta Deal

The AI startup Manus, once a high-profile success story, is turning into a cautionary tale for Chinese entrepreneurs after Beijing authorities ordered Meta to unwind …

Junk Firms Are Locking In Fixed-Rate Deals Before Costs Rise
Economy Bloomberg
Junk Firms Are Locking In Fixed-Rate Deals Before Costs Rise

High-risk borrowers in Europe are taking advantage of cheaper fixed-rate bonds to refinance floating-rate debt, cutting costs and buying protection against the risk of interest …

Economy Financial Times
Google outpaces rivals as Big Tech’s AI spending plans rise to $725bn

Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft

Economy Financial Times
The energy crisis is no excuse for bad subsidies

We know what worked and what failed the last time around

Economy Financial Times
Oil erases gains after surging to $126 on supply fears

Brent crude hit new conflict high as blockade of Strait of Hormuz continues

Economy Financial Times
What to expect in the May local elections

Our guide to how results will unfold on the night

Yen Soars as Japan Intervenes After Issuing ‘Final’ Warning
Economy Bloomberg
Yen Soars as Japan Intervenes After Issuing ‘Final’ Warning

The yen surged more than 2%, for its biggest gain in three years, after Japan intervened in the foreign-exchange market hours after officials delivered a …

Economy Financial Times
Bondi shooting inquiry warns Iran conflict raises risk of antisemitic attacks

Interim report into Australia’s beach massacre calls for review of counterterrorism

Economy Financial Times
DCC rejects £5bn takeover bid from KKR and Energy Capital

FTSE 100 energy group says bid ‘fundamentally undervalues’ its business

Vanke State Backer Books $5.5 Billion Loss, Most in Two Decades
Economy Bloomberg
Vanke State Backer Books $5.5 Billion Loss, Most in Two Decades

China Vanke Co.’s state-owned backer reported its biggest annual loss in two decades, driven largely by its investments in the embattled developer, which has been …

Euro-Zone Growth Slows as Iran War Brings Stagflation Closer
Economy Bloomberg
Euro-Zone Growth Slows as Iran War Brings Stagflation Closer

The euro-area economy unexpectedly slowed at the start of 2026, with soaring energy costs triggered by the Iran war threatening stagflation in the months ahead.

JPX CEO: Stable FX To Attract Global Money
Economy Bloomberg
JPX CEO: Stable FX To Attract Global Money

Hiromi Yamaji, CEO of Japan Exchange Group, says a stable exchange rate is the best way for attracting global money, and discusses his outlook for …

Economy Financial Times
Shipbuilding feels pinch from war-driven paint and lubricant shortage

Supply bottlenecks mark the widening fallout from Iran conflict and its disruption on Middle East oil supplies

Copper Holds Steady as Traders Weigh Risk of Protracted Conflict
Economy Bloomberg
Copper Holds Steady as Traders Weigh Risk of Protracted Conflict

Copper held steady as signs of rising demand in China were offset by growing worries about the possibility of an escalation in the US-Israeli war …

Economy Financial Times
Tech results as it happened: Google, Meta and Microsoft boost AI spending …

Facebook owner’s stock drops 6.5% while Alphabet, Microsoft and Amazon report strong cloud computing growth

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