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Latest news from trusted sources around the world

Three Ships Appear to Exit Hormuz by New Oman Coast Route
Economy Bloomberg
Three Ships Appear to Exit Hormuz by New Oman Coast Route

Three tankers broadcasting Omani ownership appear to have navigated the Strait of Hormuz by hugging their home country’s coastline, indicating a different route to a …

Economy Financial Times
City grandee Ian Cheshire favourite to be named Ofcom chair

Former Kingfisher boss vying for key internet and broadcast regulation role with politicians Margaret Hodge and Jeremy Wright

Heathrow Airport Unit Is Eying Its Latest Bond Sale in Canada
Economy Bloomberg
Heathrow Airport Unit Is Eying Its Latest Bond Sale in Canada

A unit of Heathrow Airport is looking to raise around C$500 million ($359 million) through a bond sale in Canada, according to people familiar with …

Logan Says Iran War Could Pull Fed Policy in Opposite Directions
Economy Bloomberg
Logan Says Iran War Could Pull Fed Policy in Opposite Directions

Federal Reserve Bank of Dallas President Lorie Logan says the war in Iran is raising risks of both higher inflation and weakness in the labor …

A Bottle of Wine Shows the Slow-Motion Impact of Trump’s Tariffs
Economy Bloomberg
A Bottle of Wine Shows the Slow-Motion Impact of Trump’s Tariffs

A pricey bottle of wine shows that despite the best efforts of vintners, importers and distributors to minimize the impact of Trump's tariffs, consumers are …

Economy Financial Times
Tesla reports weaker than expected 6% rise in global deliveries

Slow first-quarter demand left carmaker with more than 50,000 unsold units at start of year

Bloomberg Surveillance 4/2/2026
Economy Bloomberg
Bloomberg Surveillance 4/2/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better …

Economy Financial Times
Blue Owl struck by $5.4bn of redemption requests

Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund

Economy Financial Times
Italian football chief quits after World Cup humiliation

Azzurri fail to make third consecutive men’s World Cup after loss to Bosnia and Herzegovina

Economy Financial Times
Can Starmer get his government back on track? You asked, we answered

The FT’s Stephen Bush, Miranda Green and Robert Shrimsley replied to reader questions

Economy Financial Times
Microsoft launches ‘mid-class’ AI model as compute limits bite

Tech giant’s AI chief says it will have the resources to build frontier systems later this year

Trump Under Pressure as Oil Surges on Fears of Prolonged War
Economy Bloomberg
Trump Under Pressure as Oil Surges on Fears of Prolonged War

US President Donald Trump is coming under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets, …

Economy Financial Times
Much ado about marshmallows

Good news, it’s s’more VAT nonsense

War Angst Is Causing Stock Selloffs Heading Into Weekends
Economy Bloomberg
War Angst Is Causing Stock Selloffs Heading Into Weekends

Investors are curbing risk on Thursdays and Fridays.

Goldman Sachs Says Breadth of Equity Market Returns Looks 'Robust'
Economy Bloomberg
Goldman Sachs Says Breadth of Equity Market Returns Looks 'Robust'

Shoqat Bunglawala, head of multi-asset solutions at Goldman Sachs, discusses portfolio diversification, tail-risk protection and why he's still "constructive over the medium term" in spite …

BlackRock Bets German Bonds Will Be Hammered by Inflation Surge
Economy Bloomberg
BlackRock Bets German Bonds Will Be Hammered by Inflation Surge

BlackRock Inc. has added to bearish positions on German bonds, betting that a “pretty large inflation uptick” across Europe will push borrowing costs back above …

Economy Financial Times
‘End of an era’ as ECB’s emergency pandemic stimulus unwinds

Nearly €3tn of excess liquidity will have drained from financial system by 2027, according to ECB estimates

How Swap Markets Are Struggling to Gauge Rates as Iran War Fuels Volatility
Economy Bloomberg
How Swap Markets Are Struggling to Gauge Rates as Iran War Fuels …

The Iran war has clouded the outlook for inflation and economic growth across the globe and, in turn, where interest rates might be heading.

Hedge Funds Walloped by a Month of Turmoil Sparked by War
Economy Bloomberg
Hedge Funds Walloped by a Month of Turmoil Sparked by War

Some of the world’s biggest hedge funds known for delivering steady returns lost money in March as the war in the Middle East roiled markets …

Economy Financial Times
The UK’s unpleasant energy exposure

The vulnerability stems from history and geography rather than failed policies

First LNG Tanker Exits Strait of Hormuz Along Omani Coast
Economy Bloomberg
First LNG Tanker Exits Strait of Hormuz Along Omani Coast

A liquefied natural gas tanker has exited the Strait of Hormuz hugging the Omani coastline, becoming the first such vessel to pass through the waterway …

Economy Financial Times
Pakistan and Afghanistan hold peace talks in China

First face-to-face contact since December comes after tensions erupted into open conflict

Economy Financial Times
India’s central bank makes it harder to short the rupee

Currency rises after RBI blocks non-deliverable derivatives in the onshore market

Economy Financial Times
World’s top energy traders wrongfooted in early days of Iran war

Oil traders that normally thrive on volatility caught out by scale of crisis as energy shock unfurled

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