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Latest news from trusted sources around the world

Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown
Economy Bloomberg
Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown

Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year, after a record-breaking rally pushed the sovereign wealth …

‘The Jig Is Up’: 70% Crash Marks Quick End to Avis Short Squeeze
Economy Bloomberg
‘The Jig Is Up’: 70% Crash Marks Quick End to Avis Short …

The speculative mania around Avis Budget Group Inc. erupted quickly. It collapsed even faster.

Economy Financial Times
Trump tracker: the latest data on US tariffs, trade and economy

Follow the latest impact of tariffs amid the president’s ongoing trade war

Economy Financial Times
P&G warns of $1bn hit from Iran war after failing to hedge …

US consumer goods group says it may raise prices as conflict drives up costs of fuel and packaging

DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed
Economy Bloomberg
DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed

The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, …

Economy Financial Times
Intel shares surge on AI boom to surpass dotcom bubble high

CEO says US chipmaker has made ‘fundamental’ changes after year-long turnaround

Economy Financial Times
The golden age of arbitrage has begun

The law of one price is in retreat — with major consequences for profits, inflation and innovation

Economy Financial Times
Asian refineries slash output as Iran crisis chokes crude supplies

Production crunch threatens to worsen regional shortages of jet fuel and diesel

Economy Financial Times
Russian oilman tried to buy golf course on railway to British nuclear …

Purchase of Lake District club collapsed this week after government officials and the FT raised questions over strategic location

Intel Plans Multi-Billion Dollar Bond Sale Tied to Apollo Deal
Economy Bloomberg
Intel Plans Multi-Billion Dollar Bond Sale Tied to Apollo Deal

Intel Corp. is readying a multi-billion dollar bond sale to finance the repurchase of half of a plant in Ireland that it had previously sold …

ECB Moves to Smooth Digital Euro Rollout With Standards Deals
Economy Bloomberg
ECB Moves to Smooth Digital Euro Rollout With Standards Deals

The European Central Bank moved to minimize adoption costs and encourage early coordination among those involved in its digital euro project, part of efforts to …

Repsol, BP Accused of Market Abuse by Spanish Fuel Firm Rival
Economy Bloomberg
Repsol, BP Accused of Market Abuse by Spanish Fuel Firm Rival

Repsol SA, BP Plc and slate of other oil firms have been accused of abusing market dominance and anti-competitive practices in a complaint filed by …

Global Bonds Set for Worst Week in a Month as US-Iran Risks Rise
Economy Bloomberg
Global Bonds Set for Worst Week in a Month as US-Iran Risks …

Global bond markets are heading for their worst week in a month as investors grow increasingly uneasy about a stalemate between the US and Iran.

China Allows Global Funds to Trade Government Bond Futures
Economy Bloomberg
China Allows Global Funds to Trade Government Bond Futures

China is allowing foreign investors to participate in government bond futures trading starting Friday, in a landmark step toward opening up its debt market to …

Economy Financial Times
Polish PM questions whether US is ‘loyal’ to Europe’s defence

Donald Tusk says EU should bolster its own Article 42.7 mutual defence clause

Economy Financial Times
Marte Mei van Haaster – the supermodel pioneering sustainable design

Meet the Dutch 33-year-old making phytoremediation more fashionable

Economy Financial Times
Lack of political direction from No 10 has created a vacuum

A growing number of Labour MPs are starting to offer their own visions

Economy Financial Times
Inside designer Bill Bensley’s fantastical Chiang Mai home

In northern Thailand, the creative and his horticulturist husband have let their aesthetic run wild

Economy Financial Times
British retail sales rose 0.7% in March as motorists stocked up on …

Better than expected figure underlines impact of Middle East conflict

China Puts Export Curbs on First EU Firms Over Taiwan Arms Sales
Economy Bloomberg
China Puts Export Curbs on First EU Firms Over Taiwan Arms Sales

China added seven European entities to its export control list over their involvement in arms sales to Taiwan, marking the first time Beijing has deployed …

China Hit Brakes on Fiscal Stimulus as Economy Holds Up Amid War
Economy Bloomberg
China Hit Brakes on Fiscal Stimulus as Economy Holds Up Amid War

China pulled back on fiscal spending in March as the economy rebounded at the start of the year despite disruptions caused by the war in …

Economy Bloomberg
The Dark Side of Pokémon’s Multibillion-Dollar Card Boom

Pokémon cards are now worth serious money. Rare cards can sell for millions and the global trading cards market is projected to hit $23.5 billion …

Economy Bloomberg
Nomura's Wang on Asia Market Outlook

Julia Wang, North Asia CIO of Nomura International Wealth Management, says she "sees risk of high oil price for longer" and discusses her investment strategies …

Economy Bloomberg
Hyundai Motor Triples Down on China Market

Despite ongoing headwinds from supply‑chain disruptions, Hyundai Motor CEO José Muñoz expects China to account for 9% of the company’s global sales by 2030. He …

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