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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Barry Diller launches $18bn takeover offer for MGM Resorts

Casino resort group’s shares jump 13% after media veteran’s company People Inc makes take-private bid

Activist Toms Capital Ramps Up Campaign at Voya Financial
Economy Bloomberg
Activist Toms Capital Ramps Up Campaign at Voya Financial

Insurance company Voya Financial Inc. is facing increased pressure from activist investor Toms Capital Investment Management to take M&A action and make changes.

Economy Financial Times
US and Iran launch fresh strikes as peace efforts continue

Washington and Tehran are still trying to formalise a ceasefire

Economy Financial Times
Hungarian PM to remove president and other ‘Orbán puppets’ from office

Péter Magyar to use parliamentary majority against predecessor’s appointees

Atalian Creditors Agree to Take Over Firm in Debt Restructuring
Economy Bloomberg
Atalian Creditors Agree to Take Over Firm in Debt Restructuring

A group of bondholders of La Financiere Atalian SAS is set to take control of the French company as part of a debt restructuring.

Economy Financial Times
Chinese firms’ market share gains driven by subsidies, says OECD

Companies in China benefit from eight times more state support on average than rich-world rivals, report claims

Pakistan Inflation Hits Two-Year High on Energy Costs
Economy Bloomberg
Pakistan Inflation Hits Two-Year High on Energy Costs

Pakistan’s inflation accelerated to a two-year high as conflict in the Middle East drove up energy import costs.

Economy Financial Times
UK house prices fall in May amid Iran turmoil

Higher mortgage rates blamed for Nationwide index’s first monthly decline this year

Economy Financial Times
Young Britons pay the price of Labour’s choices

‘Spaghetti soup’ of agencies and policy-driven pressures on business aggravate difficulty of gaining entry-level work

Zambia Creditor Group Challenges $1.36 Billion Bond Buyback
Economy Bloomberg
Zambia Creditor Group Challenges $1.36 Billion Bond Buyback

A group of holders of Zambia’s dollar bonds maturing 2053 is opposing the government’s tender to buy back the securities, saying it was conducted without …

ECB Says Consumer Price Expectations Ease But Stay Elevated
Economy Bloomberg
ECB Says Consumer Price Expectations Ease But Stay Elevated

Euro-area consumers’ expectations for inflation in three years fell slightly in April, offering some relief to the European Central Bank, though policymakers are still likely …

France Boards Another Tanker Tied to Russian Oil Trade
Economy Bloomberg
France Boards Another Tanker Tied to Russian Oil Trade

France’s navy boarded another oil tanker on the high seas after it sailed from Russia, the latest move in a global crackdown on shadow-fleet vessels …

Emerging Currencies Snap Winning Streak as Peace Deal in Doubt
Economy Bloomberg
Emerging Currencies Snap Winning Streak as Peace Deal in Doubt

Emerging-market currencies snapped an eight-day winning streak on Monday as hopes faded for an imminent peace deal, even though President Donald Trump tried to calm …

A Strategic Debacle, But Stocks Keep Winning
Economy Bloomberg
A Strategic Debacle, But Stocks Keep Winning

A lot is riding on whether inflation from the Iran war can stay manageable.

Copper Gains With US Tariffs Deadline Less Than a Month Away
Economy Bloomberg
Copper Gains With US Tariffs Deadline Less Than a Month Away

Copper advanced in New York and London to kick off a crucial month that should deliver more clarity on the Trump administration’s plans for levies …

Aussie Risks More Losses Versus Kiwi on Rate View, Analysts Say
Economy Bloomberg
Aussie Risks More Losses Versus Kiwi on Rate View, Analysts Say

The Australian dollar may have further scope to fall against the kiwi as traders unwind bearish positions in New Zealand’s currency following a hawkish shift …

LG Electronics Shares Jump Over 300% in 2026 on Physical AI Push
Economy Bloomberg
LG Electronics Shares Jump Over 300% in 2026 on Physical AI Push

LG Electronics Inc. shares have quadrupled this year as investors applaud the venerable Korean appliance maker’s shift into robotics.

Economy Financial Times
SoftBank overtakes Toyota to become Japan’s largest company

Demand for AI stocks powers tech giant’s shares as it takes top spot by market capitalisation

Economy Financial Times
Singapore tries to keep Asia’s oil flowing

City-state is conduit for big share of regional energy cargoes

Economy Financial Times
Populist to face outgoing president’s candidate in Colombian run-off election

Conservative Abelardo de la Espriella won most votes against leftist senator Iván Cepeda in close poll

Economy Financial Times
Jay Powell warns Federal Reserve is undergoing ‘stress test’

Former chair says Donald Trump’s attempts to fire central bankers undermine the rule of law

Economy Financial Times
Berkshire buys homebuilder Taylor Morrison for $8.5bn in Abel’s first big deal

First substantial acquisition under new CEO is bet on eventual recovery in property sector

Stocks Rise on Trump’s Iran Remarks, AI Optimism: Markets Wrap
Economy Bloomberg
Stocks Rise on Trump’s Iran Remarks, AI Optimism: Markets Wrap

A rebound on Wall Street drove stocks to all-time highs as President Donald Trump said talks with Iran are continuing at a rapid pace, with …

Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal
Economy Bloomberg
Oil Rises From Six-Week Low Amid Uncertainty Over US-Iran Deal

Oil rose from a six-week low amid persistent uncertainty about an interim US-Iran peace deal.

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