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Latest news from trusted sources around the world

Air Canada CEO Rebuked by Carney Over English Video on Crash
Economy Bloomberg
Air Canada CEO Rebuked by Carney Over English Video on Crash

Canadian Prime Minister Mark Carney reprimanded Air Canada’s head for issuing a video statement in English only following the tragic runway collision at LaGuardia Airport …

Economy Financial Times
Trump taps Silicon Valley billionaires for policy advice

Appointments to advisory body deepen ties between tech industry and White House

Pentagon Wants to Shift Funds to Interceptors Amid Iran War
Economy Bloomberg
Pentagon Wants to Shift Funds to Interceptors Amid Iran War

The Pentagon wants to shift roughly $1.5 billion in previously approved funding to buy critical missile interceptors from Lockheed Martin Corp. and RTX Corp., according …

Economy Financial Times
Brussels plans carbon price brake as Iran war squeezes industry

Reforms to EU emissions trading system come after pressure from some member states such as Austria and Italy

Economy Financial Times
Overseas donations to UK parties to be capped at £100,000

Move comes after Reform UK received £12mn last year from Thailand-based crypto investor Christopher Harborne

Hedge Fund Boss Builds ‘Ignore Trump’ Strategy in Oil Stocks
Economy Bloomberg
Hedge Fund Boss Builds ‘Ignore Trump’ Strategy in Oil Stocks

Anaconda Invest SA, a boutique hedge fund focused on energy, says it’s decided to disregard statements by US President Donald Trump about the Iran war, …

Economy Financial Times
London police arrest two men over ambulance arson attacks

Met hails significant breakthrough in investigation into antisemitic attack

Hungary Touts Yuan Swap Line as Orban Seeks Chinese Financing
Economy Bloomberg
Hungary Touts Yuan Swap Line as Orban Seeks Chinese Financing

The Hungarian central bank’s swap line with the People’s Bank of China provides a source of stability to the nation’s funding amid market volatility, according …

Fosun Resort Chain Club Med Is Said to Consider Hong Kong for IPO
Economy Bloomberg
Fosun Resort Chain Club Med Is Said to Consider Hong Kong for …

Club Med SAS is considering an initial public offering and is looking at Hong Kong, according to people familiar with the situation.

Turkey is Urging Gulf Arab States Not to Join War Against Iran
Economy Bloomberg
Turkey is Urging Gulf Arab States Not to Join War Against Iran

Turkey is conducting intensive diplomatic efforts to try and prevent Gulf Arab countries from joining the US-Israeli war against Iran, according to people familiar with …

Signs of Jet Fuel Hoarding Emerge in Asia After Iran Oil Shock
Economy Bloomberg
Signs of Jet Fuel Hoarding Emerge in Asia After Iran Oil Shock

Signs are growing that Asian countries are hoarding jet fuel after the Iran war sent oil prices surging, reflecting growing strain on the aviation industry.

Economy Financial Times
Reeves is right to resist universal help on energy bills

UK’s fiscal constraints leave government reliant on blunter, supplier-side support

Economy Financial Times
Lagarde says ECB ready to raise interest rates ‘at any meeting’

Central bank chief says policymakers need time to assess ‘nature, size and persistence’ of inflation surge from Iran war

ECB Won’t Be ‘Paralyzed by Hesitation’ on Iran, Lagarde Says
Economy Bloomberg
ECB Won’t Be ‘Paralyzed by Hesitation’ on Iran, Lagarde Says

The European Central Bank will act decisively and swiftly if the current surge in energy costs risks a broader bout of inflation, though for now …

Economy Financial Times
Stale February inflation data will not have much bearing on BoE

Effects of Iran war will only start to show from March

Economy Financial Times
UK inflation held steady at 3% in February before energy shock

Figure comes as Middle East war has triggered a surge in oil and gas prices

Oil Falls on US Diplomatic Push to End War With Iran
Economy Bloomberg
Oil Falls on US Diplomatic Push to End War With Iran

Oil prices have dropped as the US makes a diplomatic push to try to end the war with Iran. Bloomberg's Rong Wei Neo reports on …

Economy Financial Times
Musk lawyers try to bar Delaware judge over LinkedIn ‘like’ cheering legal …

Quinn Emanuel says judge must recuse herself over post, which judge says she may have liked ‘accidentally’

Indonesia Rupiah Rises Most in Six Months, Stocks Gain in Reopen
Economy Bloomberg
Indonesia Rupiah Rises Most in Six Months, Stocks Gain in Reopen

The Indonesian rupiah and stocks gained as domestic markets reopened after a week-long holiday, buoyed by hopes over the Trump administration’s push to ease Iran …

Economy Financial Times
Democrat wins special election in Mar-a-Lago district

Small-business owner focused campaign on rising costs in Donald Trump’s backyard

Economy Financial Times
Canada and Norway move to capitalise on Iran war oil price surge

Nations position themselves as reliable suppliers in a ‘desperate’ world

Economy Financial Times
Merck nears $6bn biotech deal to boost cancer drug pipeline

Terns Pharma stock has jumped since promising clinical data on its bone and blood cancer treatment last year

Economy Financial Times
Pentagon appears to be ‘punishing’ Anthropic in violation of free speech, judge …

Jurist expresses scepticism about Trump administration’s position and calls defence department’s actions ‘troubling’

Australia Fuel Crunch Expands to Hundreds of Gas Stations
Economy Bloomberg
Australia Fuel Crunch Expands to Hundreds of Gas Stations

Hundreds of service stations across Australia have reported fuel shortfalls, as the war in the Middle East disrupts global supplies.

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