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Latest news from trusted sources around the world

Economy Financial Times
Tesco warns Middle East war clouding outlook

Chief Ken Murphy says situation is ‘very volatile’ as UK’s largest supermarket reports another year of market share gains

Economy Bloomberg
China's First-Quarter Economic Growth Tops Estimates

China’s economic growth rebounded more than expected in the first quarter of 2026. Bloomberg's Stephen Engle has the details. (Source: Bloomberg)

Dollar’s Real Competition Is Decades Away, Franklin’s Desai Says
Economy Bloomberg
Dollar’s Real Competition Is Decades Away, Franklin’s Desai Says

The dollar’s dominance has been the subject of much scrutiny but Franklin Templeton sees the greenback remaining the currency of choice.

Japan’s Nikkei 225 Set for Record Close, Erasing Iran War Losses
Economy Bloomberg
Japan’s Nikkei 225 Set for Record Close, Erasing Iran War Losses

Japan’s Nikkei 225 Stock Average is headed for a record high close that would erase its losses from the Iran war on optimism the new …

Economy Financial Times
China’s first-quarter GDP grows 5%, driven by industrial output

Exports and fiscal stimulus offset a still weak domestic economy

China’s Economy Rides Out War as Growth Unexpectedly Hits 5%
Economy Bloomberg
China’s Economy Rides Out War as Growth Unexpectedly Hits 5%

China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillovers so far from the war in Iran but revealing few signs …

Economy Financial Times
Saudi Arabia’s PIF on verge of cutting support for LIV Golf

Sovereign wealth fund reconsiders backing for lossmaking golf tour as Iran war prompts investment rethink

Malaysia Plans Using Tycoon Amin’s New Migrant Worker System
Economy Bloomberg
Malaysia Plans Using Tycoon Amin’s New Migrant Worker System

Malaysia is planning to adopt a new foreign worker recruitment system developed by Bestinet Sdn., the company founded by labor tycoon Aminul Islam, according to …

Economy Financial Times
Thomson Reuters faces growing pressure over US immigration work

Shareholders challenge work for ICE after ex-employee sues legal database provider

China’s Record Forex Demand Poses Headwind for Yuan Rally
Economy Bloomberg
China’s Record Forex Demand Poses Headwind for Yuan Rally

China’s purchases of foreign exchange surged to a record high in March, to pay for both imports and overseas investments, a shift that is likely …

Economy Financial Times
China to drive a weight-loss drug price war

The active ingredient semaglutide is starting to lose patent protection and China can produce GLP-1 related treatments at scale

Economy Financial Times
Goldman president warns private credit funds are not marketed properly

John Waldron says vehicles lack ‘clarity that this is really not a liquid product’

TSMC Bolsters Tech Rally as US Stocks Extend Highs: Markets Wrap
Economy Bloomberg
TSMC Bolsters Tech Rally as US Stocks Extend Highs: Markets Wrap

US stocks set new highs as an upbeat forecast from Taiwan Semiconductor Manufacturing Co. added fuel to technology shares amid rising optimism that the US …

Economy Financial Times
Two arrested after London’s second antisemitic arson attack in weeks

Suspects wearing balaclavas threw a brick and bottles believed to contain petrol into Finchley synagogue

Ford’s Top EV Executive Departs in Sweeping Reorganization
Economy Bloomberg
Ford’s Top EV Executive Departs in Sweeping Reorganization

Ford Motor Co.’s top electric vehicle executive — whose arrival at the automaker was heralded as a “watershed moment” — is leaving the company as …

Economy Financial Times
S&P 500 hits record high as markets surge back from Iran shock

Investors turn attention to strong Wall Street earnings and bet on swift end to the conflict

Economy Financial Times
Goldman traders wrongfooted as Iran war upended interest rate expectations

Wall Street bank’s rates desk was key driver behind unexpected drop in fixed-income revenue

Economy Financial Times
US jury finds Live Nation monopolised concert ticketing markets

Trial will enter new phase to determine penalties for the company after an earlier settlement avoided its break-up

Economy Financial Times
UK business urges more action on energy bills as ministers set out …

Lobby groups say Iran war shock calls for government support for broad range of companies

Blue Owl Surges Most Since 2022 Amid Banks’ Private Credit Calm
Economy Bloomberg
Blue Owl Surges Most Since 2022 Amid Banks’ Private Credit Calm

Shares of Blue Owl Capital Inc. posted their biggest two-day gain since November 2022, as risk-on sentiment fueled a rally in stocks and Wall Street …

Iran War Highlights Risks In The Chemical Supply Chain
Economy Bloomberg
Iran War Highlights Risks In The Chemical Supply Chain

John Roberts, Mizuho Managing Director joins to discuss the supply chains in the global chemicals market continue to cause disruptions, a a volatile new cycle …

Economy Bloomberg
New Zealand Urges A Quick Resolution to The Iran War

A group of Western finance ministers, said the Iran war has caused a regrettable loss of life and warned that a prolonged conflict risks derailing …

AI Pivot Pushes Bitcoin Miners Toward a 70% Revenue Milestone
Economy Bloomberg
AI Pivot Pushes Bitcoin Miners Toward a 70% Revenue Milestone

The companies that built billion-dollar businesses mining Bitcoin are on track to generate most of their revenue from artificial intelligence by the end of the …

Nagel Says ECB Between Baseline and Adverse Outcomes on Iran
Economy Bloomberg
Nagel Says ECB Between Baseline and Adverse Outcomes on Iran

The euro-zone economy has shifted beyond the European Central Bank’s base case and toward a more painful outcome due to the Iran war, according to …

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