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Latest news from trusted sources around the world

Labor Market ‘Stable, With a Lot of Volatility,’ Economist Roth Says
Economy Bloomberg
Labor Market ‘Stable, With a Lot of Volatility,’ Economist Roth Says

Stephanie Roth, chief economist at Wolfe Research, reacts to the US March jobs report that saw the unemployment rate fall to 4.3% as hiring beat …

US Bonds Fall as Strong Jobs Data Undermines Fed Cut Outlook
Economy Bloomberg
US Bonds Fall as Strong Jobs Data Undermines Fed Cut Outlook

Bond traders ended the week betting that the Federal Reserve will keep interest rates steady this year, on signs of a stabilizing US labor market …

Oil Market Stress Threatens Shortages in Asia, Europe
Economy Bloomberg
Oil Market Stress Threatens Shortages in Asia, Europe

Paul Sankey, president at Sankey Research, explains the factors causing physical stress in the global oil market and breaks down the difference in pricing between …

Russia’s Oil Revenues Halved in March Before Iran War Boost
Economy Bloomberg
Russia’s Oil Revenues Halved in March Before Iran War Boost

Russia’s oil tax revenue in March dropped by nearly half compared to a year earlier, highlighting the Kremlin’s financial strain just before the Middle East …

Songyee Yoon on Power of Compounding
Economy Bloomberg
Songyee Yoon on Power of Compounding

Barry speaks with Songyee Yoon, founder and managing partner of Principal Venture Partners. They discuss her venture firm's focus on AI-native companies, and understanding technological …

Economy Financial Times
The rebirth of the all-American diner

The classic eatery has been reinvented – but the coffee is still bottomless

Italy Deficit at 3.1% Breaches EU Ceiling in Setback for Meloni
Economy Bloomberg
Italy Deficit at 3.1% Breaches EU Ceiling in Setback for Meloni

Italy’s deficit breached the European Union’s ceiling last year in the biggest fiscal setback for Prime Minister Giorgia Meloni’s government since she took office in …

Economy Financial Times
Corbynistas flock to Zack Polanski’s Green Party

Allies of the former Labour leader are being drawn by ‘eco-populist’ pivot to the left

UAE Gas Plant, Kuwait Oil Refinery Hit in Latest Iran Attacks
Economy Bloomberg
UAE Gas Plant, Kuwait Oil Refinery Hit in Latest Iran Attacks

Abu Dhabi suspended operations at the United Arab Emirates’ largest natural gas processing facility following an attack that sparked a fire, hours after strikes hit …

Iran Strikes Gulf Energy Sites as Trump Warns of Further Attacks
Economy Bloomberg
Iran Strikes Gulf Energy Sites as Trump Warns of Further Attacks

Iran targeted more sites in Arab Gulf states overnight and into Friday, hours after US President Donald Trump issued fresh threats against Iranian infrastructure to …

Middle East Conflict Weighs on Global Food Prices, FAO Says
Economy Bloomberg
Middle East Conflict Weighs on Global Food Prices, FAO Says

Global food prices rose in March, driven by higher energy prices and an increase in freight costs linked to war in the Middle East.

France Weighs Targeted Fuel Aid as Iran War Pushes Up Costs
Economy Bloomberg
France Weighs Targeted Fuel Aid as Iran War Pushes Up Costs

French Prime Minister Sebastien Lecornu has asked ministers to prepare measures to help individuals who depend on cars after fuel prices surged on the Iran …

Meloni Visits Gulf to Bolster Energy Ties to War-Hit States
Economy Bloomberg
Meloni Visits Gulf to Bolster Energy Ties to War-Hit States

Italian Prime Minister Giorgia Meloni flew to Saudi Arabia on a surprise two-day visit to the Gulf, with plans to meet leaders including Crown Prince …

French and Japanese-Owned Ships Make First Hormuz Crossings
Economy Bloomberg
French and Japanese-Owned Ships Make First Hormuz Crossings

A French container ship and a Japanese-owned tanker have crossed the Strait of Hormuz, in what appear to be the first such transits since the …

Economy Financial Times
FirstFT: Brussels warns of ‘long-lasting’ energy shock

Also in today’s newsletter: Hormuz talks and US banks in Paris

Economy Financial Times
The art of the deal eludes Trump in Iran

The US president’s playbook is leaving him with few good options to end the war that he started more than a month ago

Economy Financial Times
Trust fund battle shows the limits of the UK’s retail investing culture

If policymakers really want an active retail investing culture, they should remove the frictions

Economy Financial Times
Preventive wars have weakened America

Resorting to force when there is time for diplomacy is needlessly destabilising and tends to end in failure

Economy Financial Times
How Nelson Peltz chalked up another corporate break-up at Unilever

‘Unbelievably pushy’ activist investor backed $66bn carve-out of century-old food business

Economy Financial Times
Venezuela’s Rodríguez erases images of past leaders

US-backed interim president replaces slogans, colours and faces of Chavismo movement as she consolidates power

Economy Financial Times
‘Epic’ cyclone Narelle spreads damage and disrupts mines and gas

Skies turned blood red in Western Australia ahead of tropical system that travelled for more than 6,500km

Economy Financial Times
In Tehran, neighbours wonder where the next bombs will land

Residents are left guessing which regime target might live alongside them as strikes rain down on Iran’s capital

Indonesia Flags Tightly Held Companies in Effort to Satisfy MSCI
Economy Bloomberg
Indonesia Flags Tightly Held Companies in Effort to Satisfy MSCI

Indonesia took fresh steps to provide more stock market transparency by naming a clutch of companies including tycoon-linked PT Barito Renewables Energy and PT Dian …

Indonesian Finance Minister Purbaya on Growth, Stability
Economy Bloomberg
Indonesian Finance Minister Purbaya on Growth, Stability

Indonesia will hold off raising subsidized fuel prices despite ongoing oil shocks from the Iran war, with Finance Minister Purbaya Yudhi Sadewa warning any hike …

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