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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Bank of Japan holds rates and raises inflation forecast on Iran war …

Three members dissent as central bank warns growth likely to slow and corporate profits to suffer

Economy Financial Times
World’s biggest battery maker CATL to raise $5bn

Chinese group rides surge in foreign investor interest in renewable energy stocks since outbreak of war in Iran

Economy Financial Times
Foreign Office not consulted ahead of Mandelson appointment

Vote on whether prime minister misled parliament will follow testimony

Economy Financial Times
BP profits more than double as Iran war delivers windfall

Oil major’s quarterly profit beats analysts’ expectations on back of ‘exceptional’ trading performance

Trump Says Iran Wants Hormuz Open in Tussle Over War’s End
Economy Bloomberg
Trump Says Iran Wants Hormuz Open in Tussle Over War’s End

President Donald Trump said Iran has asked the US to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an …

Bank of Japan’s ‘Hawkish Hold’ Strengthens Yen, Strategists Say
Economy Bloomberg
Bank of Japan’s ‘Hawkish Hold’ Strengthens Yen, Strategists Say

Bank of Japan’s decision to hold rates on Tuesday is seen as hawkish and contributed to the yen’s gains against the dollar, strategists say. The …

China’s State Refiners Seek to Resume Fuel Exports After Halt
Economy Bloomberg
China’s State Refiners Seek to Resume Fuel Exports After Halt

China’s state-owned refiners have begun applying for government permits that would allow them to resume fuel exports in May, citing plentiful domestic stockpiles.

Yen Gains After Three BOJ Board Members Dissent From Rate Hold
Economy Bloomberg
Yen Gains After Three BOJ Board Members Dissent From Rate Hold

The yen strengthened against the dollar after the Bank of Japan raised its inflation forecast and three policymakers backed a rate hike.

Economy Financial Times
Reliance’s profit growth dented by global oil upheaval

Also in this newsletter, questions arise over future growth in the Indian Premier League

Economy Financial Times
China blocks Meta’s $2bn purchase of AI group Manus

Regulators had reviewed whether deal violated Beijing’s investment rules

Economy Financial Times
Mexico arrests potential successor to drug kingpin ‘El Mencho’

Navy captures Audías Flores Silva, one of the contenders to lead the powerful Jalisco New Generation Cartel

Economy Financial Times
Rivian CEO’s $403mn pay package dwarfs those of top US car bosses

Founder of electric-truck maker earns about 13 times more than next best-paid American auto executive

Economy Financial Times
Honda and the power of (broken) dreams

A brilliant and adventurist beacon for Japanese industry in the past is now stumbling

Oil Climbs as US Weighs Iran Proposal With Hormuz Still Shut
Economy Bloomberg
Oil Climbs as US Weighs Iran Proposal With Hormuz Still Shut

Oil edged higher as traders weighed the next steps toward peace talks over the Iran war, with the US discussing a proposal from Tehran while …

Tech Drags Stocks Lower as Brent Tops $110 Again: Markets Wrap
Economy Bloomberg
Tech Drags Stocks Lower as Brent Tops $110 Again: Markets Wrap

Technology stocks led equity markets lower as concerns over whether the vast amount of investment in artificial intelligence will pay off resurfaced. Brent rose above …

Economy Financial Times
OpenAI and Microsoft loosen ties in revised AI deal

Companies redraw $135bn alliance as ChatGPT maker seeks greater independence to increase revenues

Economy Financial Times
Britain’s King Charles and Queen Camilla arrive on state visit to the …

UK hopes royals can help mend relationship strained by Iran war

Economy Bloomberg
LifeMD Bone Longevity Lead on Osteoporosis Treatment, Prevention

Dr. Doug Lucas, LifeMD Orthopedic Surgeon and Bone Health & Longevity Clinical Lead, joins Bloomberg Businessweek Daily to discuss bone health for men and women, …

Economy Bloomberg
The Stock Market’s 'Curious Exuberance' Despite the Iran War

On today’s Big Take podcast, Asia equities reporter Winnie Hsu and markets reporter Ruth Carson tell host Sarah Holder why global markets are looking past …

Economy Financial Times
Blue Owl investors shun cut-price exit offer from Boaz Weinstein

Offer from Saba Capital to buy shares of private credit fund at 65 cents on the dollar fails to attract sellers

Economy Financial Times
Alleged shooter charged with attempted assassination of Trump

Cole Allen appears in court as White House blames critics for demonising the president

Economy Financial Times
MPs to vote on whether Starmer should be investigated over Mandelson scandal

Embattled prime minister faces stern test of his authority as key witnesses give evidence to parliamentary committee

Economy Financial Times
Romania’s Social Democrats team up with far right to topple PM

Mainstream party says it will back a vote of no confidence in Ilie Bolojan a week after leaving his coalition government

Mideast Urea Output Slumps With Lack of Fertilizer Ships to Load
Economy Bloomberg
Mideast Urea Output Slumps With Lack of Fertilizer Ships to Load

More than half of the Middle East’s urea output may have been lost since the start of the Iran conflict, which is continuing to disrupt …

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