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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
South Africa says France withdrew G7 invitation under US pressure

Trump administration has mounted sustained campaign against Pretoria

Bitcoin Faces $14 Billion Options Expiry While Middle East Turmoil Mounts
Economy Bloomberg
Bitcoin Faces $14 Billion Options Expiry While Middle East Turmoil Mounts

Bitcoin’s largest options expiry of the year is colliding with geopolitical volatility that shows no sign of letting up with make or break peace talks …

Pernod Ricard Weighs Deal for Jack Daniel’s Maker Brown-Forman
Economy Bloomberg
Pernod Ricard Weighs Deal for Jack Daniel’s Maker Brown-Forman

Pernod Ricard SA is exploring a potential acquisition of Brown-Forman Corp., the owner of Jack Daniel’s whiskey, as alcoholic drink companies look at ways to …

Economy Financial Times
Apple to source parts made in US by Japanese supplier for first …

TDK to produce advanced sensors for smartphone cameras in reshoring push

Wall Street Groups Urge Judge to Toss Optimum Antitrust Suit
Economy Bloomberg
Wall Street Groups Urge Judge to Toss Optimum Antitrust Suit

Wall Street trade groups lined up behind Apollo Global Management and other firms seeking dismissal of a lawsuit by Optimum Communications Inc. accusing lenders of …

Lego Billionaires’ Family Office Hit by Poor Investment Returns
Economy Bloomberg
Lego Billionaires’ Family Office Hit by Poor Investment Returns

Profits dropped at the family office of the billionaire owners of Lego last year after disappointing returns in its investment arm offset a standout year …

Economy Financial Times
Donald Trump’s policy swings are creating instability, energy chiefs say

Industry that benefited from president’s cuts to regulation and green policy is wary of unpredictability

Private Credit Funds Trap $5 Billion as Investors Rush for Exit
Economy Bloomberg
Private Credit Funds Trap $5 Billion as Investors Rush for Exit

A wave of redemption requests across the private credit industry has left more than $4.6 billion of investor capital trapped behind withdrawal limits, with more …

Economy Financial Times
European missile champion reports surging interest from Gulf as Iran strikes continue

MBDA plans 40% rise in production this year to meet soaring demand

Economy Financial Times
NS&I boss forced out after payments withheld from bereaved families

Minister blames ‘tracing’ issues at state-owned savings bank for blunder affecting up to 37,500 savers

Economy Financial Times
Should Sweden finally adopt the euro?

The case against membership of the single currency looks much less clear-cut than it did in the 1990s

How Atlanta Plans to Rebuild Its Downtown
Economy Bloomberg
How Atlanta Plans to Rebuild Its Downtown

Downtown Atlanta once stood at the center of the city’s cultural and economic life. After decades of decline, a $5 billion redevelopment project called Centennial …

US Stocks Drop as Trump’s Message to Iran Stirs Doubts on Deal
Economy Bloomberg
US Stocks Drop as Trump’s Message to Iran Stirs Doubts on Deal

US stocks traded lower on Thursday, as an exchange between President Donald Trump and Iran on reaching a ceasefire heightened uncertainty over a deal.

Economy Financial Times
UK faces biggest hit to growth from Middle East war, OECD warns

Outlook underscores economy’s exposure to conflict through reliance on energy imports

Economy Financial Times
OpenAI puts erotic chatbot plans on hold ‘indefinitely’

Decision follows staff and investor concerns about sexual AI content

Economy Financial Times
US inflation will surge to 4.2% on energy shock, warns OECD

High prices and disrupted supply chains forecast to hurt businesses and consumers in major economies

Economy Financial Times
Next warns Middle East war could push up prices

UK fashion retailer has already accounted for £15mn of additional costs from higher fuel and air freight charges

Economy Financial Times
Equitable and Corebridge in talks to create $22bn life insurance giant

Plans come as private capital groups have hitched their growth to managing assets held by US insurers

H&M Sales Fall Short of Expectations
Economy Bloomberg
H&M Sales Fall Short of Expectations

H&M first-quarter sales fell short of expectations in a period plagued by weak consumption and large currency effects. Bloomberg Opinion columnist Andrea Felsted weighs in …

Norway Signals First-Half Hike on Rising Concern Over Prices
Economy Bloomberg
Norway Signals First-Half Hike on Rising Concern Over Prices

Norway’s central bank opened the door to an interest-rate hike this year and even discussed an immediate move to tame inflation, prompting analysts to scrap …

Next Warns It Will Raise Prices If Middle East War Persists
Economy Bloomberg
Next Warns It Will Raise Prices If Middle East War Persists

Next Plc said the conflict in the Middle East will add £15 million ($20 million) of costs and warned it will raise prices if the …

H&M Reports a Weak Start to the Year as Sales Disappoint
Economy Bloomberg
H&M Reports a Weak Start to the Year as Sales Disappoint

Swedish fast-fashion retailer Hennes & Mauritz AB’s first-quarter sales fell short of expectations in a period plagued by weak consumption and large currency effects.

World’s Top Oil Exporter to Reduce Asia Sales as War Bites
Economy Bloomberg
World’s Top Oil Exporter to Reduce Asia Sales as War Bites

Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the …

Philippines Receives Russian Oil After US Sanctions Waiver
Economy Bloomberg
Philippines Receives Russian Oil After US Sanctions Waiver

Philippine refiner Petron Corp. has received a shipment of Russian oil, according to its chief executive officer, after the US issued a waiver allowing the …

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