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Latest news from trusted sources around the world

Former Secretary of State Antony Blinken on Iran
Economy Bloomberg
Former Secretary of State Antony Blinken on Iran

Former Secretary of State Antony Blinken says an off-ramp with Iran will be governed by two factors: munitions and markets. In an interview with Bloomberg’s …

State Street Investment CEO on Market Reaction to Iran
Economy Bloomberg
State Street Investment CEO on Market Reaction to Iran

Yie-Hsin Hung, president and CEO at State Street Investment, says market reaction so far to the war with Iran “is not unexpected” as she sees …

Marsh CEO Says Shippers Are Focused on Protecting People
Economy Bloomberg
Marsh CEO Says Shippers Are Focused on Protecting People

John Doyle, President and CEO of Marsh, a global risk advisory and insurance firm, talks about challenges shippers face in the Strait of Hormuz. He …

Economy Financial Times
Three arrested in Police Federation corruption investigation

Officers from the City of London Police execute warrants in Wales, Somerset, London and Surrey

Economy Financial Times
Gulf states in race to secure more US interceptors

Washington’s allies in region burn through defensive munitions as they fend off Iranian barrages

Goldman-Led Buyout Loan for DuPont Unit Struggles to Find Buyers
Economy Bloomberg
Goldman-Led Buyout Loan for DuPont Unit Struggles to Find Buyers

Risky debt sales are getting tougher. The latest evidence of that is the loan offering tied to chemical maker Arclin Inc.’s acquisition of DuPont de …

Economy Financial Times
What is Trump’s plan in Iran? You asked, Gideon Rachman answered

The FT’s chief foreign affairs columnist replied to reader questions

Economy Financial Times
Labour MP’s partner among 3 arrested in UK on suspicion of spying …

London’s Metropolitan Police said officers had searched addresses in London, Wales and East Kilbride

Economy Financial Times
Gulf insurance costs soar 12-fold despite Trump guarantee

Shipowners quoted millions of dollars in premium as brokers grapple with risk

Economy Financial Times
Iran war upends popular trades

Wall Street stocks have played catch-up with peers as investors sell this year’s winners

US Stocks Rebound as Jobs, Services Data Outweigh Iran Concerns
Economy Bloomberg
US Stocks Rebound as Jobs, Services Data Outweigh Iran Concerns

Stocks climbed at midday Wednesday as oil prices slipped and traders seized on better-than-expected labor market data and an expansion in services activity, upbeat data …

Banco Master Owner Arrested for Allegedly Obstructing Probe
Economy Bloomberg
Banco Master Owner Arrested for Allegedly Obstructing Probe

Brazil Supreme Court Justice André Mendonça ordered the arrest of Banco Master SA owner Daniel Vorcaro, citing the risk that he would meddle in investigations …

EDP CEO: Energy Shock From War Fueling Clean Power Demand
Economy Bloomberg
EDP CEO: Energy Shock From War Fueling Clean Power Demand

Portuguese utility EDP CEO Miguel Stilwell de Andrade joins Bloomberg TV to discuss how the war in the Middle East is boosting demand for renewables, …

Economy Financial Times
Dassault warns Franco-German jet project is ‘dead’ if Airbus refuses to co-operate

Chief executive Éric Trappier blames German arm of Airbus for blocking progress

Economy Financial Times
Ali Khamenei’s son Mojtaba emerges as a leading candidate for supreme leader …

Regime loyalists promote idea of succession after killing of Ayatollah by Israel and US

Economy Financial Times
Fitch lowers outlook for Indonesia on ‘erosion’ of credibility

Rating agency cites growing risks from President Prabowo Subianto’s economic and fiscal policies

S. Africa Treasury: Can Weather Shocks Like Iran War
Economy Bloomberg
S. Africa Treasury: Can Weather Shocks Like Iran War

South Africa says it's built a buffer strong enough to withstand global shocks like the Iran war. Treasury officials say it would take a very …

Ghana Inflation Boosts Rate-Cut Hopes as War Clouds Outlook
Economy Bloomberg
Ghana Inflation Boosts Rate-Cut Hopes as War Clouds Outlook

Ghana’s inflation rate fell to a near three-decade low in February, bolstering expectations for a fifth straight rate cut even as conflict in the Middle …

Economy Financial Times
Luigi Lovaglio set to be ousted as Monte dei Paschi chief

Incumbent left off list of candidates for new board ahead of his current term ending next month

European Gas Slips on Report Iran Is Ready to Discuss Ending War
Economy Bloomberg
European Gas Slips on Report Iran Is Ready to Discuss Ending War

European natural gas halted its biggest rally in four years after a report that Iran is ready to discuss ending the conflict that has rattled …

Economy Financial Times
UK energy bills: businesses and households face new price shock

British gas and electricity markets are more sensitive to disruptions to supplies from Middle East

Economy Financial Times
Private capital’s stress test

As groups watch their shares plunge, they’ve been forced to explain their portfolios and prove their assets’ worth

Economy Financial Times
UK bets £40mn on frontier AI research lab in push for tech …

New state-backed body seeks AI breakthroughs in science, healthcare and transport

Economy Financial Times
Maritime and ports businesses push for global shipping climate deal

Almost 90 international groups back ‘certainty’ on carbon levy opposed by US

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