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Latest news from trusted sources around the world

War 'Uncertainty' is More Challenging Playbook Than Downturn, Says Rebecca Homkes
Economy Bloomberg
War 'Uncertainty' is More Challenging Playbook Than Downturn, Says Rebecca Homkes

Rebecca Homkes, lecturer at the London Business School and faculty at Duke Corporate Executive Education, discussed the uncertainty and volatility in the economic landscape as …

Fmr. Boston Fed Pres.: Expect 'Reasonably Good' Jobs Data Friday
Economy Bloomberg
Fmr. Boston Fed Pres.: Expect 'Reasonably Good' Jobs Data Friday

Former Boston Federal Reserve President Eric Rosengren discusses the impending jobs report due Friday, saying he expects 'Reasonably good' jobs numbers. He talks with Katie …

Economy Financial Times
FirstFT: Chinese government bonds resilient amid global debt sell-off

Also in today’s newsletter: SpaceX kicks off largest IPO process in history, and Saudi Arabia bridles at Trump’s handling of Iran war

Fmr. US Saudi Arabia Ambassador on What's Next for Iran
Economy Bloomberg
Fmr. US Saudi Arabia Ambassador on What's Next for Iran

Center for Strategic & International Studies Senior Adviser Michael Ratney discusses the situation in the Middle East and previews President Trump's expected Wednesday night address. …

Economy Financial Times
SpaceX filing kicks off largest IPO process in history

Confidential submission to US regulator sets up summer listing

Economy Financial Times
UAE curbs entry by Iranian nationals

Gulf state imposes restrictions after facing attacks from Islamic republic

Economy Financial Times
Saudi Arabia bridles at Trump’s way of waging war

Nearly five weeks after US and Israel attacked Iran, Washington’s Gulf ally frets about the damage

Economy Financial Times
LNG powerhouse Australia leans on export strength to weather energy shock

World’s third-largest supplier hopes Asia trade will offer leverage for much-needed fuel and diesel supplies

‘English Is Not a Threat’: Canadian CEO Takes On Quebec Politics
Economy Bloomberg
‘English Is Not a Threat’: Canadian CEO Takes On Quebec Politics

Canadian entrepreneur Andrew Lutfy was upbeat after his fast-fashion retailer, Groupe Dynamite Inc., reported excellent results. But before digging into the financial details with analysts, …

Economy Financial Times
US Supreme Court signals doubts over Trump’s citizenship crackdown

President attends proceedings as justices consider one of their most consequential cases

SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals
Economy Bloomberg
SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals

SpaceX has filed confidentially for an initial public offering, according to people familiar with the matter, bringing billionaire Elon Musk’s rocket, satellite and AI company …

Economy Financial Times
Iran war shock is intensifying risks to financial system, says BoE

Central bank warns conflict likely to hit economic growth as Keir Starmer insists UK ‘well placed’ to weather crisis

Economy Financial Times
US secures rare earths supply as part of $565mn loan to Brazil …

Investment chief at US International Development Finance Corporation says agreement includes offtake controls

Rupee Rises Most Since 2013 as RBI Ramps Up Currency Controls
Economy Bloomberg
Rupee Rises Most Since 2013 as RBI Ramps Up Currency Controls

The Indian rupee posted its biggest gain in more than 12 years after authorities intensified their crackdown on speculation against a weaker exchange rate, extending …

Economy Financial Times
Shutting Hormuz is a template for China in Taiwan

Beijing will seek to replicate Tehran’s playbook in the Taiwan Strait — and the global economic impact could be even worse

Economy Financial Times
France probes Iran links in thwarted attack on Bank of America

Police arrest three men in possible connection with new Iranian group Ashab al-Yamin

Economy Financial Times
Intel strikes $14bn deal with Apollo to reclaim Irish chip plant

Chipmaker sold stake two years ago to help shore up its precarious finances

Stocks Extend Rally on Hopes of End to Iran War; SpaceX Eyes IPO
Economy Bloomberg
Stocks Extend Rally on Hopes of End to Iran War; SpaceX Eyes …

The rebound in US equities gathered pace on Wednesday as traders grew optimistic about US military operations in Iran ending soon and a batch of …

Iran’s Block of Hormuz Oil Flows Is ‘Extortion,’ Al Jaber Says
Economy Bloomberg
Iran’s Block of Hormuz Oil Flows Is ‘Extortion,’ Al Jaber Says

Iran’s blockage of the Strait of Hormuz, which has choked off energy supplies from the Middle East, is “global economic extortion,” according to the head …

BOE Warns on Escalating Risks From AI, Fallout From Iran War
Economy Bloomberg
BOE Warns on Escalating Risks From AI, Fallout From Iran War

Financial institutions’ use of artificial intelligence could increase rapidly and become a financial stability threat, the Bank of England warned on Wednesday, as it also …

KKR Plans to Take Japan’s Taiyo Private in $3.2 Billion Deal
Economy Bloomberg
KKR Plans to Take Japan’s Taiyo Private in $3.2 Billion Deal

KKR & Co. is planning a tender offer for Taiyo Holdings Co. in a transaction valuing the Japanese firm at about ¥500 billion ($3.2 billion).

Economy Financial Times
German minister urges nuclear rethink as energy prices soar

Katherina Reiche’s call comes as Berlin launches investment summit to help revive Europe’s largest economy

Economy Financial Times
Political drama reaches heart of UK’s nuclear deterrent

Captain steps back after his link to Chinese spy case triggers Royal Navy probe

Paschi’s Ousted CEO Lovaglio ‘Confident’ He’ll Get New Term
Economy Bloomberg
Paschi’s Ousted CEO Lovaglio ‘Confident’ He’ll Get New Term

Ousted Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio said he expects to win a new term at the helm of …

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