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Latest news from trusted sources around the world
Bill Ackman’s Pershing offers to buy Universal Music in €55bn deal
Proposed transaction would combine world’s largest music group with a blank-cheque company
Musk struggles to crack the Indian market
More diplomacy by entrepreneur might be needed amid regulatory challenges and domestic competition to his businesses
China’s new trade front with the world — services
The country is rapidly moving up the global ranks as an exporter of knowledge-intensive products
Oil Slumps, Stocks Jump on US-Iran Ceasefire Plan: Markets Wrap
Oil fell the most in almost six years and stocks surged after the US and Iran agreed to a two-week ceasefire, giving markets a respite …
Gold Climbs After Trump Agrees to a Two-Week Ceasefire in Iran
Gold rose after US President Donald Trump and Iran agreed to a two-week ceasefire to finalize talks on ending the war that’s upended global markets.
Oil Slumps Below $100 as US, Iran Agree to Two-Week Ceasefire
Oil plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in …
Private Credit Experiencing 'Growing Pains,' SLR Capital Partners' Co-CEO Gross
Michael Gross, Co-Founder of SLR Capital Partners said pressure on business development companies are part of private credit's "growing pains." JPMorgan Chase & Co. is …
Pakistan calls on Donald Trump to extend deadline for Iran talks
US President had earlier warned ‘whole civilization will die’ if deal is not struck by 8pm ET
Toilet Paper Facility Fire Risks Disruption to US Market
A fire at a Kimberly-Clark distribution center in Ontario, California, that houses paper products could potentially lead to disruptions in a market that serves around …
First Brands Judge Delays Sale of 12 Brands to Allow Late Bid
Bankrupt auto-parts maker First Brands Group must give a last-minute bidder a chance to buy some of its most-recognizable brands, a federal judge ruled Tuesday.
Oncoclinicas Mulls Seeking Emergency Protection From Creditors in Brazil
Oncoclinicas do Brasil Servicos Medicos SA is considering seeking emergency protection from creditors as financial pressures mount, according to people familiar with the matter.
One in eight British residents has left UAE since Iran war, data …
Departures from Gulf state raise concerns among school operators banking on growth in student numbers
Italian government poised to replace Leonardo’s CEO who oversaw order surge
Move comes as Roberto Cingolani’s three-year term at defence group expires next month
Unions prepare for UK public sector pay push as inflation bites
With the Iran war set to fuel price growth, worker representatives consider ways to secure higher wages
Bill Ackman strikes a chord with Universal bid
But financier needs the backing of Vincent Bolloré and his Vivendi media group
UK signals it will not let US use British bases to attack …
Downing Street reiterates that Iran conflict ‘isn’t our war’
Colombia Oil Workers Drop Strike Threat After Ecopetrol CEO Exit
Colombia’s largest oil workers union dropped a strike threat after Ecopetrol SA’s chief executive officer was removed following a board decision.
Why an airport water-art display may spark US airline consolidation
JetBlue’s viability as a standalone entity hinges on a plethora of factors it has little control over
Treasuries Fall Ahead of Auction as Iran War Stokes Oil Gains
Treasuries fell amid mounting oil prices in the run-up to US President Donald Trump’s late-Tuesday deadline for Iran to agree to terms for ending American …
The war to break Iran’s economy
Iranians fear Trump’s threats against “whole civilization” are part of an onslaught on fabric of nation
Hedge funds make record bets against European stocks
Short positions rise sharply as traders eye economic fallout from Iran war
IMF warns of emerging markets’ exposure to ‘flighty’ hedge funds
Non-bank lenders rapidly reduce holdings of EM debt during shocks such as the Iran war, analysis suggests
FirstRand to Exit UK as Car-Loan Bill Hit £750 Million
FirstRand Ltd. plans to exit its UK motor-finance business after saying it will raise a provision to cover compensation for clients over claims they were …
Emerging Markets Extend Rebound as Traders Weigh Ceasefire Odds
Emerging-market stocks and currencies extended gains for a third day, as traders pinned hopes on the possibility of a ceasefire in the Middle East and …
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