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Latest news from trusted sources around the world

A2 Milk Lowers Guidance as Formula Supply Disrupted in China
Economy Bloomberg
A2 Milk Lowers Guidance as Formula Supply Disrupted in China

New Zealand infant formula supplier a2 Milk lowered its revenue and earnings guidance, citing supply chain disruptions — partly linked to the Iran war — …

Forint Surges as Orban’s Loss Starts New Era for Hungary-EU Ties
Economy Bloomberg
Forint Surges as Orban’s Loss Starts New Era for Hungary-EU Ties

Hungary’s forint surged after Prime Minister Viktor Orban conceded defeat in Sunday’s election, with the pro-European opposition’s landslide victory expected to help unlock billions of …

Wary Investors Eye Another Escalation in Iran War
Economy Bloomberg
Wary Investors Eye Another Escalation in Iran War

The prospect that the Iran war will reintensify after the failure of peace talks threatens to spark fresh volatility across global markets, after a week …

Economy Financial Times
Hungarian voters turn out in force for biggest test of Orbán era

Election follows bitter campaign that energised both government loyalists and opposition led by Péter Magyar

Economy Financial Times
Inflation and growth set to dominate IMF and World Bank meetings

Plus, Wall Street lenders kick off earnings season, Chinese GDP and European inflation figures

Economy Financial Times
Global economic outlook darkens as policymakers count cost of Iran war

Central bankers and economists prepare to meet in Washington to assess conflict’s damage

Fmr. National Sec. Advisor Bolton on Trump calling for Strait of Hormuz blockade: it "makes sense"
Economy Bloomberg
Fmr. National Sec. Advisor Bolton on Trump calling for Strait of Hormuz …

President Donald Trump said the US would blockade the Strait of Hormuz "effective immediately" following the failed peace talks with Iran in Islamabad. Former National …

Economy Financial Times
Could US pensioners be swallowed by the next credit wave?

Trump wants retirees’ money in private credit, but it’s a bad idea at this stage of the cycle

Author Arthur Shipnuck Talks New Rory McIlroy Book
Economy Bloomberg
Author Arthur Shipnuck Talks New Rory McIlroy Book

Author Alan Shipnuck joins Christina Ruffini and Tim Stenovec on Bloomberg This Weekend to discuss his new biography, 'Rory: The Heartache and Triumph of Golf's …

Training for the Paris Marathon Using ChatGPT
Economy Bloomberg
Training for the Paris Marathon Using ChatGPT

Bloomberg News Senior Editor for US Economics & Government Derek Wallbank used ChatGPT to train for the Paris Marathon. He sits down with Christina Ruffini …

Economy Financial Times
South Africa’s Democratic Alliance elects new leader to take on ANC

Nation’s second-largest party hopes Cape Town mayor Geordin Hill-Lewis can widen its appeal

Iran War Drives Oil Shock
Economy Bloomberg
Iran War Drives Oil Shock

As the conflict in Iran continues, there's growing concern about oil volatility and whether this is the beginning of a true supply disruption. Market Intelligence …

Economy Financial Times
Iran nuclear stand-off hardens after two decades of failed deals

Direct talks this weekend trod a familiar path of tortuous and frustrating diplomacy between Washington and Tehran

Trump Says US to Seal Hormuz Strait, Severing Key Iran Lifeline
Economy Bloomberg
Trump Says US to Seal Hormuz Strait, Severing Key Iran Lifeline

President Donald Trump said the US will blockade the Strait of Hormuz following the failure of peace talks with Iran in Islamabad this weekend, a …

Economy Financial Times
US and Iran fail to reach deal after marathon talks

Negotiations foundered over Tehran’s unwillingness to concede ground on nuclear weapons, says JD Vance

Failure of US-Iran Talks Set to Weigh on Risk Assets Monday
Economy Bloomberg
Failure of US-Iran Talks Set to Weigh on Risk Assets Monday

The US and Iran’s failure to strike a peace deal over the weekend is set to weigh on market sentiment and lift demand for safe …

India Forex Regulator Criticizes Banks’ Rupee Arbitrage Trades
Economy Bloomberg
India Forex Regulator Criticizes Banks’ Rupee Arbitrage Trades

A senior Reserve Bank of India official criticized foreign-exchange market makers for their role in aggravating the rupee’s weakness during the Middle East tensions, as …

Saudi Arabia Says East-West Pipeline Restored to Full Capacity
Economy Bloomberg
Saudi Arabia Says East-West Pipeline Restored to Full Capacity

Saudi Arabia has restored the full pumping capacity of its East-West pipeline to 7 million barrels a day, rehabilitating a vital link for oil exports …

US and Iran Have Failed to Reach an Agreement, JD Vance Says
Economy Bloomberg
US and Iran Have Failed to Reach an Agreement, JD Vance Says

The US and Iran failed to reach an agreement after marathon talks in Pakistan on the weekend, a major setback to finding a lasting resolution …

Economy Financial Times
Fees for seas: a history of taxing waterways

From Ottoman Sultans to Danish kings, Iran’s toll system for Strait of Hormuz revives an old maritime fight

Economy Financial Times
Brexiters turn their backs on Trump after Iran chaos

Nigel Farage and Kemi Badenoch distance themselves from the US president, having once celebrated his example

Economy Financial Times
Commodity traders lost ‘billions’ in early days of Iran war

Firms that normally profit from volatility were caught out by sudden rise in energy prices, new report finds

Economy Financial Times
Wall Street banks set to report $40bn trading haul as Iran war …

Five largest US lenders expected to unveil highest combined trading revenues since at least 2014

Economy Financial Times
Trump is ‘leader of chaos’, says Polish parliament speaker

Włodzimierz Czarzasty’s comments are rare criticism of the president in pro-US country

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