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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Vulture funds circle private equity

Distressed-debt funds see a potential bonanza in the downturn in private credit

Economy Financial Times
Gulf states consider new pipelines to avoid Strait of Hormuz

Conflict prompts countries to revisit plans that replicate Saudi Arabia’s East-West pipeline despite huge cost and complexity

Economy Financial Times
From Lockheed to start-ups, arms makers jostle for Iran war orders

Middle East conflict holds out promise to bring another windfall for defence groups as governments restock arsenals

Japan 10-Year Sovereign Bond Sale Sees Weakest Demand Since May
Economy Bloomberg
Japan 10-Year Sovereign Bond Sale Sees Weakest Demand Since May

Japan’s 10-year government bond auction saw the weakest demand since May after a renewed rise in oil prices fueled inflation worries and damped investor appetite.

Trump Threatens to Escalate War in Iran Even As End Is "Close”
Economy Bloomberg
Trump Threatens to Escalate War in Iran Even As End Is "Close”

President Donald Trump says the war in Iran is “very close” to completion, even as the US plans to continue attacks within the next two …

India Trading Ban Rocks $149 Billion-a-Day Offshore Rupee Market
Economy Bloomberg
India Trading Ban Rocks $149 Billion-a-Day Offshore Rupee Market

India banned its banks from offering the most popular instrument for trading the rupee offshore, threatening to squeeze a $149 billion-a-day market in an extreme …

Stocks Pare Losses, Oil Eases on Hormuz Report: Markets Wrap
Economy Bloomberg
Stocks Pare Losses, Oil Eases on Hormuz Report: Markets Wrap

Stocks pared earlier losses and oil prices retreated from their highs on a report that Iran is drafting a protocol with Oman to monitor traffic …

Oil Jumps and Diesel Tops $200 as Trump Threatens Escalation
Economy Bloomberg
Oil Jumps and Diesel Tops $200 as Trump Threatens Escalation

Oil rallied after US President Donald Trump vowed an escalation in the war in Iran over the coming weeks, a move that could prolong disruptions …

Danny Funt Details 'Whole New Ballgame' of Online Sports Gambling in 'Everybody Loses'
Economy Bloomberg
Danny Funt Details 'Whole New Ballgame' of Online Sports Gambling in 'Everybody …

Danny Funt, author of 'Everybody Loses: The Tumultuous Rise of American Sports Gambling,' said that online sports betting is a 'whole new ballgame' as the …

War 'Uncertainty' is More Challenging Playbook Than Downturn, Says Rebecca Homkes
Economy Bloomberg
War 'Uncertainty' is More Challenging Playbook Than Downturn, Says Rebecca Homkes

Rebecca Homkes, lecturer at the London Business School and faculty at Duke Corporate Executive Education, discussed the uncertainty and volatility in the economic landscape as …

Fmr. Boston Fed Pres.: Expect 'Reasonably Good' Jobs Data Friday
Economy Bloomberg
Fmr. Boston Fed Pres.: Expect 'Reasonably Good' Jobs Data Friday

Former Boston Federal Reserve President Eric Rosengren discusses the impending jobs report due Friday, saying he expects 'Reasonably good' jobs numbers. He talks with Katie …

Economy Financial Times
FirstFT: Chinese government bonds resilient amid global debt sell-off

Also in today’s newsletter: SpaceX kicks off largest IPO process in history, and Saudi Arabia bridles at Trump’s handling of Iran war

Fmr. US Saudi Arabia Ambassador on What's Next for Iran
Economy Bloomberg
Fmr. US Saudi Arabia Ambassador on What's Next for Iran

Center for Strategic & International Studies Senior Adviser Michael Ratney discusses the situation in the Middle East and previews President Trump's expected Wednesday night address. …

Economy Financial Times
SpaceX filing kicks off largest IPO process in history

Confidential submission to US regulator sets up summer listing

Economy Financial Times
UAE curbs entry by Iranian nationals

Gulf state imposes restrictions after facing attacks from Islamic republic

Economy Financial Times
Saudi Arabia bridles at Trump’s way of waging war

Nearly five weeks after US and Israel attacked Iran, Washington’s Gulf ally frets about the damage

Economy Financial Times
LNG powerhouse Australia leans on export strength to weather energy shock

World’s third-largest supplier hopes Asia trade will offer leverage for much-needed fuel and diesel supplies

‘English Is Not a Threat’: Canadian CEO Takes On Quebec Politics
Economy Bloomberg
‘English Is Not a Threat’: Canadian CEO Takes On Quebec Politics

Canadian entrepreneur Andrew Lutfy was upbeat after his fast-fashion retailer, Groupe Dynamite Inc., reported excellent results. But before digging into the financial details with analysts, …

Economy Financial Times
US Supreme Court signals doubts over Trump’s citizenship crackdown

President attends proceedings as justices consider one of their most consequential cases

SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals
Economy Bloomberg
SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals

SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company …

Economy Financial Times
Iran war shock is intensifying risks to financial system, says BoE

Central bank warns conflict likely to hit economic growth as Keir Starmer insists UK ‘well placed’ to weather crisis

Economy Financial Times
US secures rare earths supply as part of $565mn loan to Brazil …

Investment chief at US International Development Finance Corporation says agreement includes offtake controls

Rupee Rises Most Since 2013 as RBI Ramps Up Currency Controls
Economy Bloomberg
Rupee Rises Most Since 2013 as RBI Ramps Up Currency Controls

The Indian rupee posted its biggest gain in more than 12 years after authorities intensified their crackdown on speculation against a weaker exchange rate, extending …

Economy Financial Times
Shutting Hormuz is a template for China in Taiwan

Beijing will seek to replicate Tehran’s playbook in the Taiwan Strait — and the global economic impact could be even worse

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