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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Israel ratchets up its offensive against Hizbollah in Lebanon

Israeli military intensifies its campaign against the Lebanese militant group

Economy Financial Times
Paxton victory gives Democrats new hope in Texas Senate race

Trump-backed candidate may have limited appeal outside the president’s Maga base

Strait of Hormuz Traffic Fades to a Crawl After Supertankers Exit
Economy Bloomberg
Strait of Hormuz Traffic Fades to a Crawl After Supertankers Exit

Commercial shipping through the Strait of Hormuz dwindled to only a few mostly Iran-linked vessels crossing on Wednesday, underscoring the stop-start nature of traffic through …

Economy Financial Times
Dulux owner AkzoNobel rejects €13bn attempt to gatecrash merger

Shares jump as Nippon Paint and Sherwin-Williams attempt to muscle in on deal between Dutch group and Axalta

Peru Extends Halt on Anchovy Fishing as El Niño Threat Looms
Economy Bloomberg
Peru Extends Halt on Anchovy Fishing as El Niño Threat Looms

Peru has extended a halt on anchovy fishing due to a warming of the Pacific waters off the country’s coast, as the threat of a …

Investors Say It’s Time for Pemex to Tap Global Debt Markets
Economy Bloomberg
Investors Say It’s Time for Pemex to Tap Global Debt Markets

Investors say the time is right for state-owned Petroleos Mexicanos SA to sell global bonds for the first time in more than three years.

Economy Financial Times
Russian banks to arm themselves against Ukrainian drones

New law will allow staff at country’s central bank and Sberbank to carry weapons

Economy Financial Times
OpenAI’s foundation to spend $250mn on research into AI’s impact on economy

First indication of how group will deploy its cash after vowing in March to hand out $1bn over 12 months

Economy Financial Times
Doctors in England to strike for 4 days in June

Walkout over pay by British Medical Association will be 16th in three years

Economy Financial Times
Securitisation could help plug Europe’s funding gap

Deeper capital markets are essential to the continent’s growth

US Stocks Slip as White House Rejects Iran Peace Deal Reports
Economy Bloomberg
US Stocks Slip as White House Rejects Iran Peace Deal Reports

US stocks shuffled between gains and losses on Wednesday, as strategists lifted their S&P 500 year-end targets following a strong earnings season and traders weighed …

Economy Financial Times
FirstFT: Trump’s Board of Peace is stuck in limbo

Also in today’s newsletter: Trump-backed firebrand wins in Texas and BP’s boardroom shake-up

Economy Financial Times
Six countries ask EU to shield heavy industry from carbon costs

Poland, Czech Republic and others call for more emissions permits given global crises and high energy prices

Economy Financial Times
Labour needs a serious intellectual revival

Party’s commitment to ambitious pledges before election narrowed its room for manoeuvre

Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift
Economy Bloomberg
Salesforce Earnings Can Put AI Fears to Bed, Give Stock a Lift

While software stocks rebound from the artificial intelligence-driven wipeout earlier this year, Salesforce Inc. hasn’t really benefited. But its earnings after the close Wednesday could …

Meloni Told by IMF That Italy’s Energy Aid Must Be More Targeted
Economy Bloomberg
Meloni Told by IMF That Italy’s Energy Aid Must Be More Targeted

Italian Prime Minister Giorgia Meloni got told by the International Monetary Fund that her government’s energy aid should target poorer families rather than apply to …

Germany’s Reiche Tells EU to Avoid Harming Exports to China
Economy Bloomberg
Germany’s Reiche Tells EU to Avoid Harming Exports to China

German Economy Minister Katherina Reiche said the European Union should ensure that any measures it applies on Chinese trade don’t harm the bloc’s exports to …

Economy Financial Times
Trump risks triggering financial crisis with Iran war, warns ECB

Vice-president Luis de Guindos says Washington’s volatile trade policies and reduced co-operation also threaten stability

Merz Advisers Slash German Outlook, See Faster Inflation
Economy Bloomberg
Merz Advisers Slash German Outlook, See Faster Inflation

Economic advisers to German Chancellor Friedrich Merz almost halved their forecast for growth this year as the war in the Middle East and US trade …

HK Banks Tighten Scrutiny of Chinese Clients After Curbs
Economy Bloomberg
HK Banks Tighten Scrutiny of Chinese Clients After Curbs

Hong Kong banks are ramping up scrutiny of mainland Chinese clients opening savings and investment accounts, part of a broader push to stem capital flight …

Economy Financial Times
Samsung workers set for $400,000 bonus after deal to share AI profits

Agreement with union ends wrangling over how to share spoils of boom at memory-chip maker

Global Aluminum Rally Could Draw Record Exports From China
Economy Bloomberg
Global Aluminum Rally Could Draw Record Exports From China

The rally in the global aluminum market could spur record outflows from China, where elevated prices are capping consumption.

Japan 40-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Economy Bloomberg
Japan 40-Year Bond Sale Sees Firmer Demand Than 12-Month Average

Japan’s 40-year government bond auction drew stronger demand than its 12-month average, as higher yields attracted investors despite inflation concerns driven by the Middle East …

Economy Financial Times
Trump-backed candidate ousts Republican senator in Texas primary

Decisive victory for controversial attorney-general Ken Paxton shows US president’s enduring hold on Republican Party

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