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Latest news from trusted sources around the world

Pakistan Secures $3 Billion in Saudi Funding to Bolster Reserves
Economy Bloomberg
Pakistan Secures $3 Billion in Saudi Funding to Bolster Reserves

Pakistan said it secured $3 billion in financial support from Saudi Arabia, helping to bolster its foreign exchange reserves and offset a loan repayment the …

Iraq-Bound Tanker Attempts Hormuz Crossing Into Persian Gulf
Economy Bloomberg
Iraq-Bound Tanker Attempts Hormuz Crossing Into Persian Gulf

An Iraq-bound supertanker that aborted a weekend attempt to cross the Strait of Hormuz into the Persian Gulf is now sailing through the waterway, a …

Economy Financial Times
Maine becomes first US state to pass data centre construction ban

Closely watched legislation could provide a blueprint for others considering moratoriums

Economy Financial Times
Kirkland & Ellis set to poach top Wachtell distressed-debt lawyer

Firm offers Joshua Feltman a guaranteed pay package of $80mn over three years

Economy Financial Times
Trump floats new US-Iran talks within days

US president says meetings could happen this week in Islamabad but further discussions will take place in Europe

Economy Financial Times
Pastries, but not kebabs, fall foul of UK junk food advertising ban

Watchdog bans Lidl pastry advertisement while items from kebab chain are cleared

Economy Financial Times
UK’s Help to Buy housing scheme mainly benefited higher earners, says think …

Report by IFS says policy did little to increase affordability for those on lower incomes

Gold Declines as Traders Assess Renewed Push for US-Iran Talks
Economy Bloomberg
Gold Declines as Traders Assess Renewed Push for US-Iran Talks

Gold slipped as traders assessed fragile optimism for a negotiated settlement to the war in the Middle East, despite the near-total blockade of energy shipments …

US Stocks Hold Near All-Time High on Peace Hopes: Markets Wrap
Economy Bloomberg
US Stocks Hold Near All-Time High on Peace Hopes: Markets Wrap

US stocks are holding firm near an all-time high following a rally driven by optimism around a potential peace deal in the Middle East, with …

Oil Holds Loss on Prospect of Fresh Peace Talks With Hormuz Shut
Economy Bloomberg
Oil Holds Loss on Prospect of Fresh Peace Talks With Hormuz Shut

Oil held onto a sharp drop from the week’s highs as the US and Iran seek further talks to end a war that has brought …

Hormuz Closure Sets Clock Ticking for Asia’s Rice Farmers
Economy Bloomberg
Hormuz Closure Sets Clock Ticking for Asia’s Rice Farmers

The war in Iran is threatening Asia’s rice harvest. Today on the Big Take Asia: What this means for the region’s tables, economies and politics.

Kyle Kuzma: I'm Bullish on the NBA's Future
Economy Bloomberg
Kyle Kuzma: I'm Bullish on the NBA's Future

NBA Champion & Entrepreneur Kyle Kuzma discusses joining Sierra Racing Club as team co-owner, E1 racing, and why he's bullish on the NBA's future. He …

Commerzbank CEO at Odds With Unicredit Over Valuation
Economy Bloomberg
Commerzbank CEO at Odds With Unicredit Over Valuation

Commerzbank CEO Bettina Orlopp says that she has had some talks with UniCredit SpA about a deal after the Italian bank announced a takeover bid …

Economy Financial Times
The ‘deep fried’ stocks more expensive than Nvidia

Indonesian regulators investigating ‘broad range of potential market misconduct’

Economy Financial Times
Lebanon and Israel hold first direct talks in decades as fighting continues

No major breakthrough as envoys from two countries meet in Washington to discuss conflict and its links to the Iran war

Economy Financial Times
Milei’s inflation fight stalls in Argentina

The final stretch of reining in price increases is likely to be difficult, warn economists

Economy Financial Times
Fix to critical UK jobs data faces further delays

ONS is privately warning that it will not iron out problems in its ‘transformed’ labour force survey before 2027

TD, BMO to Act as Market Makers for New Credit Futures Contract
Economy Bloomberg
TD, BMO to Act as Market Makers for New Credit Futures Contract

TD Securities and BMO Capital Markets are acting as liquidity providers for a new Canadian bank credit futures contract, according to the Montreal Exchange.

Economy Bloomberg
Rolls-Royce Launches Ultra-Exclusive Project

Rolls-Royce’s CEO Chris Brownridge reveals how a $5M ultra-limited car is really about something deeper than wealth: exclusive experiences, extreme personalization, and a new era …

Economy Financial Times
PCE inflation set to hit 3.4% in March

We ran the latest CPI and PPI data through our new nowcasting model to predict the upcoming PCE numbers

Economy Financial Times
Iran war is ‘a folly’, says Rachel Reeves

Chancellor ‘very frustrated and angry’ with Trump over conflict and its impact on UK economy

Economy Financial Times
Israel poised to seize Hizbollah’s ‘capital of liberation’

Twenty-six years ago a Lebanese militant leader stood in Bint Jbeil to hail a landmark Israeli retreat. Now the IDF is set to take the …

Economy Financial Times
UK regulator bans unauthorised Martin Lewis ads for car finance claims

Conclusive Financial’s promotions boasted of high compensation figures and used images without permission

Lagarde Says Early ECB Exit No Option With Clouds on Horizon
Economy Bloomberg
Lagarde Says Early ECB Exit No Option With Clouds on Horizon

President Christine Lagarde said an early exit from the European Central Bank isn’t currently an option for her in the face of the economic crisis …

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