World News Feed
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Adani Power Drives Group Shares Rebound as Heat Wave Boosts India Energy …
Adani group companies are closing in on a combined market value of $200 billion.
The world’s biggest EV maker weans itself off supply-chain finance
Borrowings soar as BYD bows to Beijing’s pressure on treatment of component suppliers
Memory Chip Frenzy Sends SK Hynix, Micron Into $1 Trillion Club
The breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix Inc. and Micron Technology Inc. above $1 trillion for the …
Gold Declines as Middle East Risks Reinforce Higher Rates Bets
Gold fell for a second day as concerns that continued conflict in the Middle East will prolong inflation and keep borrowing costs elevated outweighed prospects …
Bezos’s Blue Origin secures $468mn in Nasa Moon Base contracts
SpaceX absent from first round of commercial agreements for US space agency’s $20bn project
UK imposes sanctions on crypto exchange tied to billionaire Justin Sun
Foreign Office announces measures against Huobi among several entities it says helped Russia evade economic pressure
Stocks Extend Highs on AI Optimism as Oil Slides: Markets Wrap
The rally in US stocks is set to stretch into a fifth day as optimism around artificial intelligence, lower oil prices and easing bond yields …
Kardigan Files for IPO to Fund Cardiovascular Disease Treatment
Kardigan Inc. filed for a US initial public offering that will help fund three late-stage drugs that target the root cause of cardiovascular diseases.
Iran accuses US of ‘flagrant’ ceasefire violations as back-channel talks continue
Tehran vows to ‘not leave any mischief unanswered’ after the attacks
US Steel Costs Impacted by War, Trade Deals
Sam McKinney, KeyBanc Capital Markets vice president and equity research analyst, said that while US steel mills have mostly hedged rising electricity costs with long …
Jefferies Says Investors Boost ‘Nuclear Exposure’: ESG Investing
Almost two-thirds of fund managers permit some level of “nuclear exposure,” with 34% allowing investments in nuclear weaponry, according to Jefferies Financial Group Inc.’s fourth-annual …
Iran starts to restore internet access after months-long blackout
Move to allow connectivity comes as US strikes Iranian missile launch sites and peace talks continue
Short Seller Left Tells Jury No Law Barred Post-Research Trades
Short seller Andrew Left told jurors at his criminal securities fraud trial that he doesn’t believe there is anything wrong with him profiting from the …
US and Iran: the art of the possible
Stopgap agreement leaves key issues to be decided in later talks
Chipmaker ETF rides AI excitement to quickest $10bn valuation on record
Roundhill Memory ETF, known as DRAM, surges 87% within 50 days of April launch
UK and Europe shatter heat records in ‘mind-boggling’ May
Peak temperature of 35.1C in London breaches previous historical monthly high by more than 2C
Rocket, Satellite Stocks Surge as SpaceX IPO Fuels Euphoria
Space and satellite-related stocks soared Tuesday as investor enthusiasm around the industry intensified.
Israel steps up attacks on Hizbollah
Far-right officials, who fear a US-Iran peace deal could rein in Israel, have called for a ‘high-intensity’ campaign in Lebanon
US strikes Iranian missile sites as peace talks continue
Washington announces ‘self-defence’ operation against targets in southern Iran
UK law firm Pinsent Masons reprimanded by court over AI error
Judge Mark Mullen warns lawyers against outsourcing legal research or reasoning
Top ECB policymakers lay groundwork for June rate rise
Philip Lane and Isabel Schnabel warn higher energy prices are spilling over into wider economy ahead of central bank’s next meeting
Wall Street’s AI Winner Hunt Leads to Seasoning Maker
The beneficiaries of the artificial intelligence buildout are spreading far beyond technology high-flyers. Laura Lau found one in seasoning maker Ajinomoto Co.
ECB says private-credit fuelled AI boom poses risk to financial system
Central bank warns that investors could be exposed to losses if the technology does not meet its potential
Nine countries pull out of Ukraine ammunition coalition
Czech-led initiative aimed at supplying Kyiv with millions of shells has halved since December, says president
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