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Latest news from trusted sources around the world

Oil Rises on Elusive Peace Deal Outlook, Iran Gunboat Attacks
Economy Bloomberg
Oil Rises on Elusive Peace Deal Outlook, Iran Gunboat Attacks

Oil inched higher as attempts to resolve the seven-week conflict between the US and Iran struggled, and Iranian gunboats opened fire on vessels near the …

Vanguard Scoops Up Treasuries as Iran Conflict Lifts Yields
Economy Bloomberg
Vanguard Scoops Up Treasuries as Iran Conflict Lifts Yields

Vanguard is boosting its holdings of Treasuries, taking advantage of higher yields following the Middle East conflict to lock in rates and hedge against the …

Commodity Traders Reap Profit Bonanza as Iran War Upends Markets
Economy Bloomberg
Commodity Traders Reap Profit Bonanza as Iran War Upends Markets

The world’s biggest energy traders are reaping a fresh profit bonanza as the war in Iran causes unprecedented disruption to oil markets.

Economy Financial Times
JetBlue pressed by US lawmakers over suspected surveillance pricing

Deleted airline post on social media suggested a customer could see better airfare by clearing browser history

Economy Financial Times
Peru elections chief resigns as vote count continues nine days after poll

Piero Corvetto steps down as candidates advancing to presidential run-off in June remain unclear

Economy Financial Times
Trump extends Iran ceasefire until talks conclude

Iran has cast doubt on negotiations and says US has violated the truce

Economy Financial Times
Trading disruption

Reporting from the FT Commodities Global Summit 2026

Economy Financial Times
Warsh sidesteps questions over Trump’s influence on Fed rate policy

Nominee to head US central bank grilled by senators over president’s public calls for cuts

Economy Financial Times
Starmer’s political woes deepen as Mandelson scandal saps his authority

Ministers and Labour MPs appear to be losing sympathy for prime minister

Economy Financial Times
Senators grill Warsh on independence from Trump and personal wealth

Donald Trump’s pick to lead central bank tells lawmakers independence of rate-setters is not ‘particularly threatened’

Crisis y sanciones de Trump limitan las opciones a cubanos que quieren salir de la isla
Economy Bloomberg
Crisis y sanciones de Trump limitan las opciones a cubanos que quieren …

En medio de la campaña de Donald Trump para privar a Cuba de combustible y aislarla políticamente, los cubanos tienen cada vez menos opciones para …

Rising Costs Threaten the Airline Boom
Economy Bloomberg
Rising Costs Threaten the Airline Boom

Airlines are walking a tightrope: strong demand and pricing power on one side, rising fuel and labor costs on the other. TD Cowen analyst Tom …

Economy Financial Times
Downing Street discussed diplomatic role for Starmer aide, says ex-Foreign Office head

Olly Robbins tells MPs he was ‘under strict instruction’ from No 10 not to inform then foreign secretary David Lammy of plan

Economy Financial Times
Apple’s smooth CEO swap is the ultimate corporate status symbol

There are two kinds of companies — those that can do CEO transitions without intense upheaval and those that can’t

Canadian Telecom Rogers Goes Into Tailspin as Price War Heats Up
Economy Bloomberg
Canadian Telecom Rogers Goes Into Tailspin as Price War Heats Up

Rogers Communications Inc. has gone from the top performer among Canada’s three big telecommunications companies to the sector’s biggest drag, as a wireless price war …

MUFG Bank Seeks More Acquisitions After $4.3 Billion India Deal
Economy Bloomberg
MUFG Bank Seeks More Acquisitions After $4.3 Billion India Deal

MUFG Bank Ltd. is looking for opportunities to make further acquisitions or investments in Asia and elsewhere, according to the new head of the lending …

Economy Financial Times
Robbins says Downing St pressured him to approve Mandelson appointment

Sacked head of Foreign Office said there was ‘dismissive attitude’ to security vetting of former ambassador

Economy Financial Times
Oil market has lost a billion barrels due to Iran war, Vitol …

Top energy traders warn of unprecedented hit to global energy supplies

Treasuries Weaken Before Warsh Testifies for Fed Chair Role
Economy Bloomberg
Treasuries Weaken Before Warsh Testifies for Fed Chair Role

Treasuries pared losses as President Donald Trump said he was extending a ceasefire with Iran after peace talks between the countries aimed at ending the …

Economy Financial Times
Kevin Warsh’s closely watched pitch to become next Fed chair

Also in today’s newsletter, the Middle East’s fragile ceasefire deal nears deadline

Baird Capital Raises $450 Million for Private Equity Fund
Economy Bloomberg
Baird Capital Raises $450 Million for Private Equity Fund

The private equity arm of financial services firm Robert W. Baird & Co. has raised $450 million for a fund that will invest in lower …

US Stocks Decline as Investors Mull Warsh Testimony, Iran
Economy Bloomberg
US Stocks Decline as Investors Mull Warsh Testimony, Iran

US stocks traded lower on Tuesday as investors pored over the latest corporate earnings while assessing the updates on the Iran ceasefire talks as well …

Narrow US Stocks Rally Shows Investors Are Cautious
Economy Bloomberg
Narrow US Stocks Rally Shows Investors Are Cautious

Low volume, narrow leadership show some traders are unconvinced

Economy Financial Times
FirstFT: Apple picks Tim Cook’s successor

Also in today’s newsletter: Kevin Warsh’s confirmation hearings begin and rebuilding Gaza

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