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Latest news from trusted sources around the world

Iran Conflict Could Boost LNG Trade Through the Panama Canal
Economy Bloomberg
Iran Conflict Could Boost LNG Trade Through the Panama Canal

The ongoing conflict in Iran could lead to an increase in traffic at the Panama canal from Asian energy buyers seeking alternative LNG sources, canal …

Ventilation and Filtration System Firm Madison Air Files for IPO
Economy Bloomberg
Ventilation and Filtration System Firm Madison Air Files for IPO

Madison Air Solutions Corp., a provider of ventilation and filtration systems, filed for an initial public offering Monday.

Economy Financial Times
Anthropic sues the Pentagon over being declared a ‘supply chain risk’

Start-up accuses Trump administration of ‘seeking to destroy’ its economic value in dispute over military use of AI

Economy Financial Times
Goldman pitches hedge funds on strategies to bet against corporate loans

Fears that AI advances will upend the software industry have driven demand for new ways to place wagers

Economy Financial Times
Concert promoter Live Nation settles US monopoly case over ticket sales

Justice department alleged company illegally dominates market and uses ‘exclusionary conduct’ to control venues

Economy Financial Times
The rise of Mojtaba Khamenei

Iran’s new supreme leader has been shaped by decades-long ties with the powerful and hardline Revolutionary Guards

Air New Zealand Suspends Guidance as Jet Fuel Fluctuates
Economy Bloomberg
Air New Zealand Suspends Guidance as Jet Fuel Fluctuates

Air New Zealand suspended its earnings guidance as wildly fluctuating jet fuel prices mean the assumptions it made less than two weeks ago are no …

Economy Financial Times
US reaches agreement to end prosecution of Turkey’s Halkbank

Justice department cites Ankara’s help in negotiating for release of hostages held by Hamas and a ceasefire with Israel

Economy Financial Times
G7 ‘stands ready’ to release emergency oil reserves

Finance ministers pledge ‘necessary measures’ to tackle surging crude prices but stop short of immediate deal

Mexico Trade Consulations Favor Tweaking USMCA Over Major Revamp
Economy Bloomberg
Mexico Trade Consulations Favor Tweaking USMCA Over Major Revamp

The US-Mexico-Canada free trade deal shouldn’t undergo a major renegotiation but instead be improved and strengthened, according to consultations with key economic sectors overseen by …

Seema Shah Sees Disconnect Between Markets and Fundamentals
Economy Bloomberg
Seema Shah Sees Disconnect Between Markets and Fundamentals

"There's a fair amount of complacency within the market," Seema Shah, Principal Asset Management chief global strategist, says on "Bloomberg Open Interest." (Source: Bloomberg)

Economy Financial Times
British aircraft carrier will not be sent to Middle East, say officials

Move follows Trump’s criticism of Starmer for supposedly wanting to join Iran war after it had already been ‘won’

Economy Financial Times
Investors bet central banks will respond to oil shock with rate rises

Iran war expected to derail rate-cut plans as policymakers learn lessons from inflation caused by Ukraine invasion

G-7 Ready to Release Oil Stockpiles If Needed to Help Supply
Economy Bloomberg
G-7 Ready to Release Oil Stockpiles If Needed to Help Supply

Group of Seven finance ministers said they were ready to take any steps needed to support global energy supply, including releasing strategic oil reserves — …

Portugal Football League Eyes Selling Stake in Media Rights
Economy Bloomberg
Portugal Football League Eyes Selling Stake in Media Rights

Liga Portugal has appointed Oakvale Capital to advise on a potential stake sale in the unit managing the company’s broadcasting and commercial rights in the …

Economy Financial Times
Gilt market slump deepens as traders bet on BoE rate rise

UK government bond market under renewed pressure as oil surpasses $100 a barrel

Economy Financial Times
FirstFT: G7 ministers hold emergency oil meeting

Also in today’s newsletter: the discovery of a ‘narco-ledger’ in Mexico and has China ended poverty?

Iran Names Khamenei’s Son as New Supreme Leader
Economy Bloomberg
Iran Names Khamenei’s Son as New Supreme Leader

Iran has named the son of the late Ayatollah Ali Khamenei as its new supreme leader. As he steps into his father’s shoes, he faces …

Economy Financial Times
UK should not back a war that boosts Putin

Rising energy prices inadvertently strengthen Russia and weaken incumbent European governments

Economy Financial Times
Nigel Farage takes stake in bitcoin company run by Kwasi Kwarteng

Reform UK leader invests £215,000 in Stack Bitcoin

Economy Financial Times
Virgin Media O2 owner eyes broadband deals to take on BT Openreach

Telefónica’s Marc Murtra vows to ‘help’ UK subsidiary better compete with Openreach network

Stagflation Trades Sweep Markets as Trump Signals Widening War
Economy Bloomberg
Stagflation Trades Sweep Markets as Trump Signals Widening War

Traders’ hopes for a quick resolution to the conflict in the Middle East are fading.

Economy Financial Times
A whirlwind guide to Washington’s Library of Congress

Author and journalist George Pendle loves the bombast of the world’s largest library. He takes us behind the scenes

Economy Financial Times
China’s growth target is a global problem

Beijing’s export offensive could be more destabilising than Trump’s tariffs

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