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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Trump warns he could rip up trade deal with UK

Threat comes as tensions rise between Washington and London over Iran war

Morgan Stanley Offers More Bonds After Strong Earnings
Economy Bloomberg
Morgan Stanley Offers More Bonds After Strong Earnings

Morgan Stanley kicked off an investment-grade bond sale Wednesday, hours after the bank reported its equity traders had a record quarter.

Economy Financial Times
Rheinmetall wins €300mn drone order from German armed forces

Deal comes after CEO belittles Ukraine drone industry by comparing it to playing with ‘Legos’

Economy Financial Times
Iran is America’s Suez crisis — and just as ridiculous

The parallels with Britain’s disastrous Middle East adventure in the 1950s are impossible to resist

Economy Financial Times
Rate setters face ‘double danger’ from Iran war and tariffs, Fed official …

Chicago Federal Reserve president Austan Goolsbee says public may ‘misinterpret’ price rises as persistent

S&P 500 on Pace for Record Close as Ceasefire Rally Continues
Economy Bloomberg
S&P 500 on Pace for Record Close as Ceasefire Rally Continues

Stocks extended their gains, putting the S&P 500 Index on track to close at its first record since January, as investors piled into equities on …

JPMorgan Raises $10 Billion From High-Grade Bond Sale
Economy Bloomberg
JPMorgan Raises $10 Billion From High-Grade Bond Sale

JPMorgan Chase & Co. raised $10 billion from an investment-grade bond sale, matching a separate deal on Wednesday from fellow Wall Street firm Morgan Stanley.

Economy Financial Times
FirstFT: China shares satellite technology with Iran

Also in today’s newsletter: Trump’s ‘banana republic’ rhetoric and OpenAI’s new cyber security model

Economy Financial Times
UK Treasury refuses to loosen fiscal rules for defence

Government fights off claims of ‘complacency’ from former Nato chief George Robertson

India’s Trade Gap Narrows as Middle East Conflict Hits Shipments
Economy Bloomberg
India’s Trade Gap Narrows as Middle East Conflict Hits Shipments

India’s trade deficit narrowed in March as supply disruptions in the war-hit Middle East weighed on shipments.

Wall Street Goes Bottom Fishing in Beaten-Down Software Stocks
Economy Bloomberg
Wall Street Goes Bottom Fishing in Beaten-Down Software Stocks

Wall Street has gotten repeatedly burned calling a bottom in software stocks, which have been hit hard by fears that artificial intelligence will make the …

Economy Financial Times
European airports warn new border system causes up to three-hour delays

Operators in 15 countries report disruption as new EU electronic entry/exit system fully comes into force

Economy Financial Times
Grim truths from the Southport killings inquiry

Examining another tragedy may yield lessons for prevention

Economy Financial Times
Hermès shares tumble 10% on weak sales as Iran war hits luxury …

Birkin bag maker falls short of forecasts, capping tough first quarter for sector

Trump Hints at War’s End as Hormuz Standoff Chokes Oil Flows
Economy Bloomberg
Trump Hints at War’s End as Hormuz Standoff Chokes Oil Flows

US President Donald Trump played down the prospect of renewed fighting in the war with Iran, even as questions remain over Tehran’s nuclear program and …

Economy Financial Times
Middle East war halves regional car sales at Nissan and Stellantis

Estimates are clearest indication yet of Iran conflict’s impact on automotive sector

S. Korea’s Naver Prices First Euro Bond Amid AI Push
Economy Bloomberg
S. Korea’s Naver Prices First Euro Bond Amid AI Push

South Korean platform giant Naver Corp. has sold a combined $1.1 billion of green international bonds, including its inaugural euro-denominated bond, as the company continues …

Japan’s Asahi Kasei Says Seeking Alternative Sources of Naphtha
Economy Bloomberg
Japan’s Asahi Kasei Says Seeking Alternative Sources of Naphtha

Japanese chemicals maker Asahi Kasei Corp. says it’s working to diversify sources of naphtha as the war in the Middle East curbs supplies.

HSBC’s Liu: Seen Some Flows Into Asia on Mideast Conflict
Economy Bloomberg
HSBC’s Liu: Seen Some Flows Into Asia on Mideast Conflict

Ida Liu, CEO at HSBC Private Bank, says clients are looking at Asia amid the conflict in the Middle East, but flows have been "very …

Pakistan Secures $3 Billion in Saudi Funding to Bolster Reserves
Economy Bloomberg
Pakistan Secures $3 Billion in Saudi Funding to Bolster Reserves

Pakistan said it secured $3 billion in financial support from Saudi Arabia, helping to bolster its foreign exchange reserves and offset a loan repayment the …

Iraq-Bound Tanker Attempts Hormuz Crossing Into Persian Gulf
Economy Bloomberg
Iraq-Bound Tanker Attempts Hormuz Crossing Into Persian Gulf

An Iraq-bound supertanker that aborted a weekend attempt to cross the Strait of Hormuz into the Persian Gulf is now sailing through the waterway, a …

Economy Financial Times
Maine becomes first US state to pass data centre construction ban

Closely watched legislation could provide a blueprint for others considering moratoriums

Economy Financial Times
Kirkland & Ellis set to poach top Wachtell distressed-debt lawyer

Firm offers Joshua Feltman a guaranteed pay package of $80mn over three years

Economy Financial Times
Trump floats new US-Iran talks within days

US president says meetings could happen this week in Islamabad but further discussions will take place in Europe

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