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Latest news from trusted sources around the world
Trump’s revolutionary sense of time is changing politics
The US president doesn’t think in terms of long-term strategy but rather in terms of deadlines
IEA to Release Oil Reserves as Iran War Chokes Supply
The IEA agreed to discharge 400 million barrels from emergency oil reserves, the largest-ever release, as governments seek to contain a price spike driven by …
Ardagh CDS Holders Set for 66% Payout After Settlement Auction
Holders of Ardagh Group SA’s credit default swaps are set for a payout worth 66% of face value following a debt restructuring that saw unsecured …
Met will call for new laws unless tech groups do more to …
London police chief wants handset providers such as Apple to offer ‘concrete commitments’ by June
JPMorgan marking down loan portfolios of private credit groups
Devaluation of collateral will limit credit to firms that have become top lenders to higher-risk companies
Salesforce’s $25 Billion Debt Sale Draws Weak Demand on AI Worry
Salesforce Inc. saw lukewarm appetite for its $25 billion bond sale amid concerns over its debt-funded share buyback and broader worries about software companies’ exposure …
Thai Cargo Ship Hit in Strait of Hormuz; Three Crew Missing
A Thai-flagged cargo vessel was struck in the Strait of Hormuz on Wednesday shortly after departing from the United Arab Emirates, as regional tensions continue …
FirstFT: Companies rush to sell debt as war fears ease
Also in today’s newsletter: JPMorgan clamps down on lending to private credit groups and Oracle reassures over AI spending
CVC’s Rob Lucas Says Firm’s Next Buyout Fund Could Set Record
CVC Capital Partners Plc’s next flagship fund could be bigger than its predecessor — still the largest pool of capital ever raised for buyouts — …
Oil and the Dollar (and Maybe China) Are the Only Trades That …
US role as crude producer bolsters the greenback, while China is more insulated from oil surge than expected.
US airlines face $11bn fuel hit from Iran conflict
American carriers’ decision not to hedge future purchases has left them exposed to sharp swings in oil prices
Embarrassing Iran U-turn for the right, but Starmer’s problem is worse
Despite a change of heart from Reform and the Conservatives, the Middle East war is much more difficult for the government
IEA preparing record release of oil reserves
Plan underlines fears for the global economy from energy shock triggered by the Middle East war
First tranche of Mandelson papers to be released
Documents could cause embarrassment for Keir Starmer’s government
Billionaire Alex Gerko funds telescope showing ‘cartography of the universe’
Founder of XTX Markets and science enthusiast is spending tens of millions of dollars on project in Chile
World Races to Protect Oil Flows After Iran War Hits Exports
World governments stepped up efforts to calm energy markets as the US and Israel’s war on Iran chokes off a critical supply waterway, with missile …
ECB Hike Potentially Closer Than Thought on Iran War, Kazimir Says
The Iran war and its impact on inflation risk forcing the European Central Bank to raise interest rates sooner than anticipated, according to Governing Council …
Harmony Gold Produces First Copper as Firm Widens Metal Mix
Harmony Gold Mining Co. announced its maiden copper output during the first fiscal half as the firm expands into the metal that’s key to the …
Japan 5-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Japan’s five-year government bond auction drew stronger demand than its 12-month average on receding expectations of a possible rate hike by the Bank of Japan …
Why Is China Embracing OpenClaw?
JPMorgan Asset Management Portfolio Manager Oliver Cox and Bloomberg Intelligence Senior Analyst Robert Lea discuss how China’s embrace of the open-source OpenClaw program is sparking …
Iran war lifts K-defence company offering cheap Patriot rival
LIG Nex1’s Cheongung-II success in real-war situation set to foster demand for Korean security tech
Oil-poor Asian countries push 4-day weeks and car pooling
Governments push to cut oil use as concerns mount about economic impact of disruption to supplies from Middle East
Nintendo Shares Soar 10% as Surprise Hit Pokémon Game Lifts Mood
Nintendo Co. shares gained as much as 10.5% in their steepest climb since April as the surprise success of its new Pokémon game helped offset …
Trump says India’s Reliance will back first new US oil refinery in …
US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices
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