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Latest news from trusted sources around the world
Starbucks reports sharp sales increase as turnaround gathers pace
Cafés open at least a year record strongest rise since 2023
First Independence Bank CEO: Fed is Doing a 'Fine Job'
First Independence Bank Chairman & CEO and Chair of the American Bankers Association Kenneth Kelly discusses the importance of stability in the banking system and …
Nvidia-Tied Data Center Raises $4.59 Billion From Junk-Bond Sale
A Nevada data center project tied to Nvidia Corp. has raised $4.59 billion from a junk-bond sale, adding to a wave of deals to fund …
Why the US Is Working Less Than Before
The US still works more than most other countries, but that gap is starting to close. Bloomberg Opinion columnist Allison Schrager explains why. (Source: Bloomberg)
Bond Traders Ramp Up Wagers Hedging for 5% Yields as Oil Surges
Traders in the Treasury options market are bracing for long-dated bond yields to surge past 5% as a rally in oil prices continues unabated.
Cancer Drug Developer Erasca Sinks by Record 55% After Patient Death
Erasca Inc. shares plunged 48% Tuesday after the cancer-drug developer said one patient withdrew from its clinical trial and later died after suffering severe side …
Ryanair CEO Is ‘Less Concerned’ Europe Will Run Out of Jet Fuel
Ryanair Holdings Plc Chief Executive Officer Michael O’Leary is “increasingly less concerned” about Europe facing a jet-fuel shortage in the coming months, though summer ticket …
Data Centers Are Moving to Space
AI demand is pushing Earth’s data centers to the brink—so what if we moved them to space? Atomic-6 CEO Trevor Smith joined Bloomberg Open Intere …
JPMorgan’s Dimon Warns Again on Risks of Credit Downturn
JPMorgan Chase & Co.’s Jamie Dimon again cautioned that a credit market downturn could be worse than expected, even after his firm and Wall Street …
What the Grasset affair tells us about modern elites
Protests by authors at the French publishing house are a symptom of the struggle between establishment and insurgents
Oil price climbs above $110 for first time in three weeks
Brent crude rises after White House reiterates ‘red lines’ in negotiations with Tehran
China poised to restart exporting jet fuel, diesel and gasoline
Beijing signals relaxation of export ban imposed at start of Iran conflict
Brighton to build Europe’s first women’s football stadium
New £80mn arena represents a major vote of confidence in growth potential of WSL
UAE to leave Opec in blow to oil cartel
Move underlines long-running frustrations with group over production quotas
Sherwin-Williams Sees Input Costs Rising After Sales Beat
Sherwin-Williams Co. warned rising input costs could weigh on results later this year, after currency tailwinds helped it post stronger-than-expected sales growth in the first …
Emerging Assets Drop as Risk-Off Mood Lifts Dollar Ahead of Fed
Emerging-market currencies and stocks dropped Tuesday as concerns over investments in artificial intelligence and stalled peace talks in the Middle East sparked a flight to …
FirstFT: Oil price rises as US-Iran talks stall
Also in today’s newsletter: Chinese battery maker CATL raises $5bn and US data centre backlash
Oil Shock Starts to Seep Into Earnings and Stock Prices
More bitter surprises may be in store in this week’s flood of results.
US Investor Said to Pay 70% Premium for Benfica Minority Stake
US investor Entrepreneur Equity Partners has agreed to buy a minority stake in Portuguese football club Benfica at a steep premium, according to a person …
Tullow Shares Soar as West African Oil Brings Record Price
Tullow Oil Plc’s shares surged more than 9% after tensions in the Middle East drove its West African crude to a record price.
Maruti Profit Misses on Rising Costs, Supply Constraints
Maruti Suzuki India Ltd. reported fourth-quarter profit that missed analysts’ estimates, with higher costs and supply constraints weighing on margins.
Europe Spent €10 Billion on Iran Energy Shock Aid, Bruegel Says
European Union states have committed over €10 billion ($11.7 billion) to shield consumers and businesses as the Iran war drives up energy prices, according to …
Export restrictions on critical materials up fivefold since 2009, says OECD
Analysis shows rise in trade curbs affecting defence, tech and green energy supply chains
Mandelson scandal is chance for Badenoch to impress in parliament
Tories trail in the polls but their leader has a golden opportunity to skewer Labour
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