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Latest news from trusted sources around the world

Economy Bloomberg
Iran War Drives Stagflation Risks: Citi

The Iran conflict is raising the prospect of stagflation and is "a pretty bad mix for markets," according to Jim McCormick, Chief Global Macro Strategist …

India’s Boldest Currency Move in Years Fails to Hold Rupee Gains
Economy Bloomberg
India’s Boldest Currency Move in Years Fails to Hold Rupee Gains

India’s most dramatic step in more than a decade to curb speculation in the foreign-exchange market delivered only fleeting gains, with an initial jump in …

Economy Bloomberg
Citi's McCormick Sees Steeper Yield Curve Globally

Jim McCormick, Head of Macro Strategy at Citi, says the Iran war poses a significant challenge for global central banks. He expects less monetary tightening …

Economy Bloomberg
Hua Medicine on Earnings, Business Expansion Plans

Chinese biotech firm Hua Medicine sees robust growth in 2026 after reporting a 93% jump in full-year revenue. Speaking exclusively to Bloomberg's "The China Show," …

HK IPO Revival Hits Snags, Raising Stakes for Big Deals
Economy Bloomberg
HK IPO Revival Hits Snags, Raising Stakes for Big Deals

Hong Kong’s relentless surge in share sales over the past year is beginning to encounter headwinds, potentially slowing deal momentum and raising the stakes for …

Gold Finds Footing Near $4,500 as Iran War Enters Fifth Week
Economy Bloomberg
Gold Finds Footing Near $4,500 as Iran War Enters Fifth Week

Gold gained for a second day, as dip-buyers supported prices while the market awaited clarity on the duration of the Middle East conflict.

Oil Gains as Iran War Escalates With Houthi Attacks on Israel
Economy Bloomberg
Oil Gains as Iran War Escalates With Houthi Attacks on Israel

Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears the widening …

Economy Financial Times
Israel blocks Catholic cardinal from Holy Sepulchre on Palm Sunday

France, Italy, Poland and Canada condemn Israeli police for cutting off access to site in the run-up to Easter

Economy Financial Times
FirstFT: Middle East war escalates as diplomacy proves fruitless

Also in today’s newsletter: South Korea weighs new inheritance tax rules, and Indian conglomerate Vedanta to split in five

Economy Financial Times
Avoid energy protectionism, UK chancellor will tell G7 allies

Partners urged to ‘act together’ and not ‘weaken collective resilience’ as nations grapple with Strait of Hormuz closure

Are Australia’s Low Fuel Reserves Cause for Concern?
Economy Bloomberg
Are Australia’s Low Fuel Reserves Cause for Concern?

Despite being a major energy exporter, Australia relies heavily on imported refined fuel to power transport, agriculture and other parts of its economy, leaving it …

Economy Financial Times
Distressed-debt funds target private credit downturn as ‘greatest opportunity’ since 2008

Investors anticipate money-making bonanza as sector comes under strain

Economy Financial Times
Switzerland’s wine-making president pushes to restrict imports

Effort to boost local producers draws ire from foreign rivals and domestic merchants

Investor Unease Builds Entering War’s Fifth Week: Markets Wrap
Economy Bloomberg
Investor Unease Builds Entering War’s Fifth Week: Markets Wrap

A record month for crude, stocks in or near correction territory, bonds under pressure and a growing sense that there are few tools to shield …

Apollo Pushes to Open a Second Headquarters in Florida or Texas
Economy Bloomberg
Apollo Pushes to Open a Second Headquarters in Florida or Texas

Apollo Global Management Inc. is looking to open a second US headquarters and is considering basing it in south Florida or Texas, the company said …

JPMorgan, Pimco Say Bond Market Is Misjudging Slowdown Risk
Economy Bloomberg
JPMorgan, Pimco Say Bond Market Is Misjudging Slowdown Risk

Some of Wall Street’s biggest bond-fund managers say financial markets are underestimating the risk that the US war in Iran will cause a sharp slowdown …

Economy Financial Times
$270mn American E-3 Sentry warplane damaged in Iranian attack

Tehran accuses Washington of seeking talks while secretly preparing to invade

New Florida State Rep talks "staying disciplined on the issues"
Economy Bloomberg
New Florida State Rep talks "staying disciplined on the issues"

Florida's newest Statehouse Representative, Democrat Emily Gregory joins Bloomberg This Weekend and talks to David Gura and Christina Ruffini about flipping her seat blue and …

Young, Slotkin: "Our hope is that it will restore trust in the decision making here in Congress"
Economy Bloomberg
Young, Slotkin: "Our hope is that it will restore trust in the …

Republican Senator Todd Young and Democratic Senator Elissa Slotkin talk about their bipartisan effort to bring transparency to prediction-market betting in Washington. Watch their interview …

Economy Financial Times
EU offers UK ‘emergency brake’ on numbers for new youth mobility scheme

Concession to ‘manage flows’ of young people falls short of Britain’s demand for an upfront cap

NASA Prepares for Artemis II Mission
Economy Bloomberg
NASA Prepares for Artemis II Mission

For the first time in over 50 years, NASA is preparing to send astronauts back to the moon. Bloomberg Technology Co-host Ed Ludlow joins David …

Conflict Overshadows CPAC
Economy Bloomberg
Conflict Overshadows CPAC

Bloomberg News White House Correspondent Jeff Mason reports from the CPAC conference held at the Gaylord Hotel in Texas. He joins David Gura and Christina …

Philippine Refiner Petron Buys Russian Crude, Eyes More If Iran War Persists
Economy Bloomberg
Philippine Refiner Petron Buys Russian Crude, Eyes More If Iran War Persists

Petron Corp., the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for …

Economy Financial Times
The Reform UK youth wing driving the party’s reach on campus

To gain momentum, young supporters are trying to appeal to students from across the right

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