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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Trump nominates Pimco executive to lead US Treasury’s international affairs

Bond giant’s head of asset allocation tapped to conduct negotiations with organisations such as the G7

Economy Financial Times
Starmer accused of ‘corrosive complacency’ on UK defence by former Nato chief

Lord George Robertson, author of British military review, says premier is not willing to make the necessary investment

Economy Financial Times
Wall Street watchdog says private credit is ‘not a systemic risk’

SEC chief Paul Atkins dismisses concerns about adding unlisted assets to retail portfolios

Nemetschek to Buy Thoma Bravo’s HCSS in €2 Billion-Plus Deal
Economy Bloomberg
Nemetschek to Buy Thoma Bravo’s HCSS in €2 Billion-Plus Deal

Nemetschek SE agreed to acquire construction management software provider Heavy Construction Systems Specialists from Thoma Bravo.

Chevron Expands Its Venezuela Oil Operations Through Asset Swap
Economy Bloomberg
Chevron Expands Its Venezuela Oil Operations Through Asset Swap

Chevron Corp. agreed to an asset swap with Venezuela that will significantly expand its oil operations in the country after remaining there for decades amid …

Milei’s Auction Favors Group With Past China Ties, US Dredger Warns
Economy Bloomberg
Milei’s Auction Favors Group With Past China Ties, US Dredger Warns

A US dredging company is calling out the bid terms of President Javier Milei’s signature concession in Argentina, claiming they’re tilted in favor of a …

China’s Wang Yi Urges Talks to Sustain Fragile Iran-US Ceasefire
Economy Bloomberg
China’s Wang Yi Urges Talks to Sustain Fragile Iran-US Ceasefire

China’s Foreign Minister Wang Yi urged the international community to step up efforts to promote peace talks between Iran and the US, warning that the …

Economy Financial Times
Goldman bond traders take shine off bumper quarter

Equities unit powers bank’s earnings, while fixed income, currencies and commodities business fall well short

Citadel Securities Sees Market Rally as Extreme Risks of War Ebb
Economy Bloomberg
Citadel Securities Sees Market Rally as Extreme Risks of War Ebb

The risk of a worst-case escalation in the Iran conflict is easing, setting the stage for a rally in both stocks and bonds, according to …

Economy Financial Times
Files proving legitimate expenses ‘disappeared’, ex-Opec chief tells court

Diezani Alison-Madueke denies seeking or taking bribes as minister in Nigerian government

Economy Financial Times
US judge dismisses Trump lawsuit against Wall Street Journal

Ruling finds newspaper did not act with malice in report over letter in birthday book for Jeffrey Epstein

Economy Financial Times
Europe’s far right questions merits of Trump ties after Orbán defeat

Alternative for Germany quarrels about Maga after Hungarian election fiasco

Economy Financial Times
Opec production falls more than a quarter as Iran war hits oil …

Output dropped by biggest volume on record in March with closure of Strait of Hormuz hitting producers around the Gulf

Goldman Shares Fall as Bond Trading Miss Outweighs Equity Record
Economy Bloomberg
Goldman Shares Fall as Bond Trading Miss Outweighs Equity Record

Goldman Sachs Group Inc. shares fell after the bank reported a surprise drop in bond-trading revenue, casting a shadow over what was another record quarter …

Ex-Lafarge CEO Jailed Six-Years for Syria Terrorist Payments
Economy Bloomberg
Ex-Lafarge CEO Jailed Six-Years for Syria Terrorist Payments

Lafarge’s former chief executive was jailed for six years and the Holcim Ltd. subsidiary was fined nearly €5.7 million ($6.7 million) after being found guilty …

Dangote Plans Pan-African IPO for Continent’s Biggest Refinery
Economy Bloomberg
Dangote Plans Pan-African IPO for Continent’s Biggest Refinery

Aliko Dangote plans to offer shares in his oil-refining company on multiple African stock exchanges, according to the head of the Nairobi Securities Exchange Plc.

Morgan Stanley Says Earnings Shield S&P 500 From Iran War
Economy Bloomberg
Morgan Stanley Says Earnings Shield S&P 500 From Iran War

Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.

Economy Financial Times
EU ties €35bn fund release to Hungary’s break with Orbán era

Brussels has linked unfreezing of funds to 27 conditions it expects Péter Magyar to deliver on

Economy Financial Times
FirstFT: Oil price surges ahead of Strait of Hormuz blockade

Also in today’s newsletter: Viktor Orbán suffers crushing defeat and Meta develops AI version of Mark Zuckerberg

Economy Financial Times
Oil prices soar above $100 a barrel as hope fades of end …

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Economy Financial Times
Starmer defends fast-tracking EU rules into UK law

Prime minister says mechanism would help cut business costs and bring down prices

Economy Financial Times
Hungarian elections offer lessons for UK’s Labour

Politicians shouldn’t forget they’re ultimately in the consumer services industry

Zambia’s Planned Refinery to Rely on Oil Delivery by Road
Economy Bloomberg
Zambia’s Planned Refinery to Rely on Oil Delivery by Road

Zambia will supply a refinery it’s planning to build and complete before 2028 with crude delivered initially by road, according to the energy ministry.

Economy Financial Times
Von der Leyen aide to lead powerful EU competition directorate

Anthony Whelan appointment signals European Commission’s willingness to use antitrust powers to help businesses scale up

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