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World News Feed

Latest news from trusted sources around the world

IPL Team Royal Challengers Bengaluru Set for $1.8 Billion Takeover Deal
Economy Bloomberg
IPL Team Royal Challengers Bengaluru Set for $1.8 Billion Takeover Deal

A consortium led by Indian billionaire Kumar Mangalam’s Aditya Birla Group, The Times of India Group, David Blitzer’s Bolt Ventures and Blackstone has bought the …

Economy Financial Times
UK housebuilder Bellway shares slump as CEO warns of softer market

Jason Honeyman says hopes of margin growth into 2027 ‘look quite optimistic’ in wake of Middle East conflict

Economy Financial Times
Time to scrutinise populism’s ‘supply side’

Volatility traders have come for our democratic politics and are showing that turbulence pays

Xiaomi Sales Grows Slowest in Years in Sign of Poor Phone Demand
Economy Bloomberg
Xiaomi Sales Grows Slowest in Years in Sign of Poor Phone Demand

Xiaomi Corp. posted its slowest quarterly growth since 2023, after strong sales of its EVs failed to make up for slumping smartphone demand.

World Economic Forum Postpones Saudi Conference Amid Iran War
Economy Bloomberg
World Economic Forum Postpones Saudi Conference Amid Iran War

The World Economic Forum is postponing an upcoming conference in Saudi Arabia, the latest example of a high-profile event affected by the Iran war.

ECB Is Asking Banks About Funding to SRT Buyers, Machado Says
Economy Bloomberg
ECB Is Asking Banks About Funding to SRT Buyers, Machado Says

The European Central Bank is probing to what extent banks are financing investments in significant risk transfers, highlighting how the region’s top regulator is growing …

Economy Financial Times
UK voting system needs updating for age of personalised politics

John Major’s mocked 1990s ‘cones hotline’ demonstrates why voters today increasingly gravitate to smaller parties

Economy Financial Times
North Korea’s Kim hits out at US ‘aggression’ amid Iran war

Pyongyang issues implicit rebuke over Middle East conflict as leader vows to uphold ‘irreversible’ nuclear status

Economy Financial Times
Japan’s SMFG explores possible takeover of Jefferies

Sumitomo Mitsui’s banking unit holds minority stake in US investment bank

Economy Financial Times
Do markets believe the president?

Plus, gold as unsafe haven

Economy Financial Times
Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Japanese manufacturer has struggled since swooping for UK rival Pilkington two decades ago

India’s BPCL Taps Trade Director Heda to Lead Singapore Unit
Economy Bloomberg
India’s BPCL Taps Trade Director Heda to Lead Singapore Unit

Bharat Petroleum Corp. Ltd. will start operating a Singapore office in the quarter beginning April, according to people familiar with the matter, with an initial …

Economy Financial Times
China’s leaders hunt for strategic gains from US quagmire in Iran

Beijing hopes Washington’s redeployment of forces from Asia will further tip regional balance of power

Japan’s 40-Year Bond Sale Demand In Line With 12-Month Average
Economy Bloomberg
Japan’s 40-Year Bond Sale Demand In Line With 12-Month Average

Japan’s 40-year government bond auction drew demand that was in line with its 12-month average as higher yields attracted investors despite escalating tensions in the …

A Conversation with Gloria Steinem
Economy Bloomberg
A Conversation with Gloria Steinem

Writer and feminist organizer Gloria Steinem spoke at a Bloomberg New Voices event in New York about financial independence, establishing her 'talking circles' and the …

Dell’s Family Office Hunts ‘Gems’ Amid Turmoil
Economy Bloomberg
Dell’s Family Office Hunts ‘Gems’ Amid Turmoil

Alisa Mall, chief investment officer for Michael Dell's family office, says tumult in private-credit markets is turning into a buying opportunity. (Source: Bloomberg)

Economy Financial Times
Dubai’s Indian expatriates hunker down amid Gulf conflict

Deep historic links and economic necessity underpin immigrants’ desire to see out the war

Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater
Economy Bloomberg
Valero Port Arthur Refinery Has Fire at Diesel Hydrotreater

Valero Energy Corp. responded to a fire in a unit at its Port Arthur refinery in Texas on Monday, adding pressure to a US fuels …

Economy Financial Times
EU and Australia clinch trade and security pacts

Both sides are looking to reduce their dependence on the US and China

Economy Financial Times
Indian markets face gloomy prospects even after Iran war ends

Also in this newsletter, the rush for a stake in an IPL team

Economy Financial Times
SoftBank tests its own borrowing limits with $30bn bet on OpenAI

Masayoshi Son faces investor nerves with massive spending on AI investments

Oil Resumes Advance on Concern Middle East War May Escalate
Economy Bloomberg
Oil Resumes Advance on Concern Middle East War May Escalate

Oil resumed gains — paring a steep drop from Monday — on concern that other nations may be drawn into the Middle East war.

Oil Tumbles as Trump Eases Iran Threats
Economy Bloomberg
Oil Tumbles as Trump Eases Iran Threats

Oil fell sharply on Monday, again posting one of the biggest price swings on record, after US President Donald Trump said he was holding off …

Economy Financial Times
FirstFT: Donald Trump backs off threat to strike Iranian energy infrastructure

Also in today’s newsletter: Berkshire Hathaway expands bet on Japan, and Indonesia cracks down on resource companies

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