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World News Feed

Latest news from trusted sources around the world

UAE Gas Field Hit, Key Oil Hub Halts as Energy Attacks Intensify
Economy Bloomberg
UAE Gas Field Hit, Key Oil Hub Halts as Energy Attacks Intensify

A large gas field in the United Arab Emirates was set ablaze after a drone strike and a vital oil port was halted again, piling …

Economy Financial Times
Behind Badenoch’s theory that Starmer is courting ‘sectarian’ votes

Tory leader’s misreading of UK public opposition to Tehran stems from her worldview of a ‘clash of civilisations’

Mr Price Defends NKD Retail Deal in EU Amid Investor Concerns
Economy Bloomberg
Mr Price Defends NKD Retail Deal in EU Amid Investor Concerns

Mr Price Group Ltd. shares gained as Chief Executive Officer Mark Blair defended the South African clothing chain’s purchase of the retail business of NKD …

Economy Financial Times
Dubai flights delayed or cancelled after latest drone and missile attacks

Regional travel hubs Doha and Abu Dhabi also severely constrained by fallout from conflict

US Diesel Tops $5 a Gallon as War Disrupts Supply Chains
Economy Bloomberg
US Diesel Tops $5 a Gallon as War Disrupts Supply Chains

US diesel rose above $5 a gallon for the first time since December 2022, the latest sign of surging fuel price pressures menacing the global …

Economy Financial Times
Nvidia’s Huang predicts $1tn in AI chip revenue over 2 years

Chip group’s higher than expected sales forecast fails to boost share price

Economy Financial Times
BNP bets European private credit boom can defy US downturn

​Asset management chief points to continent’s financing needs and more stringent regulation to protect from mis-selling

Economy Financial Times
Oil producers: buy the peace, not the war

Plus, PCE data drama

Economy Financial Times
Europe rules out joining Trump’s Hormuz armada

Also in this newsletter: The Iran war’s cost to combustion engine cars

India’s UTI Pension Fund Pivots to Bonds After Equity Spree
Economy Bloomberg
India’s UTI Pension Fund Pivots to Bonds After Equity Spree

India’s third-largest pension fund is returning to bonds after a year of heavy equity buying, a shift that could bring some relief to the country’s …

Japan’s 20-Year Bond Sale Demand In-Line With 12-Month Average
Economy Bloomberg
Japan’s 20-Year Bond Sale Demand In-Line With 12-Month Average

Japan’s 20-year government bond auction Tuesday saw demand that was in line with the 12-month average, as investor appetite remained steady despite inflation worries fueled …

Goldman Says Oil’s Biggest Shock to Hurt Refined Products Most
Economy Bloomberg
Goldman Says Oil’s Biggest Shock to Hurt Refined Products Most

The largest oil market shock on record triggered by the war in the Middle East is set to have a greater impact on products such …

Economy Financial Times
Australian dollar strengthens ahead of interest rate decision

Fresh wave of inflation could hit economy due to reliance on energy imports

Economy Financial Times
Hundreds feared dead in strike on Kabul hospital

Taliban blames Pakistan for attack that threatens to escalate neighbours’ conflict

Economy Financial Times
IndiGo in turbulent times as CEO quits after operational meltdown

Also in this newsletter: government clears way for Reliance Jio IPO

Economy Financial Times
Donald Trump says he will have the ‘honour’ of ‘taking Cuba in …

US president confirms discussions with communist island nation without sharing details

Morgan Stanley Sees Private Credit Default Rates Reaching 8%
Economy Bloomberg
Morgan Stanley Sees Private Credit Default Rates Reaching 8%

Default rates in direct lending will climb to 8% as advances in artificial intelligence continually disrupt the software industry, according to Morgan Stanley.

Stocks See Cautious Advance With Oil Above $95: Markets Wrap
Economy Bloomberg
Stocks See Cautious Advance With Oil Above $95: Markets Wrap

Wall Street staged a cautious advance, with stocks rising after oil eased from session highs, but remained above levels that could stoke concerns about inflationary …

OrangeTheory Brand Pres. on Longevity, Consumer Trends
Economy Bloomberg
OrangeTheory Brand Pres. on Longevity, Consumer Trends

Orangetheory Fitness Brand President Lauren Cody discusses fitness trends, longevity, and the 'shared accountability' that group settings can help establish in fitness environments. She talks …

Economy Bloomberg
PFL President on Sports Betting, Partnerships, MMA Rise

Professional Fighters League CEO John Martin discusses global expansion opportunities, reaching an 'underserved' MMA community, and potential platform partners. He talks with Romaine Bostick and …

Economy Financial Times
Yale padlock maker axes new CEO before he starts

Fortune Brands staves off proxy battle with asset manager set up by Trian co-founder Ed Garden

Economy Financial Times
US diesel prices soar to almost $5 as Iran war pinches global …

Higher fuel costs will make it more expensive to transport goods and plant crops

Fmr. Minneapolis Fed Pres.: Slower Economic Growth Ahead
Economy Bloomberg
Fmr. Minneapolis Fed Pres.: Slower Economic Growth Ahead

Former Minneapolis Fed President Gary Stern discusses the unlikely chance of a change in policy coming out of the upcoming Fed meeting, and the possibility …

Wall Street’s ‘Tax Alpha’ Trades Are Saving Rich Investors Billions
Economy Bloomberg
Wall Street’s ‘Tax Alpha’ Trades Are Saving Rich Investors Billions

Active managers are in a new gold rush, racing to develop strategies that can help wealthy Americans crush their tax bills.

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