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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Nvidia’s Huang predicts $1tn in AI chip revenue over 2 years

Chip group’s higher than expected sales forecast fails to boost share price

Economy Financial Times
BNP bets European private credit boom can defy US downturn

​Asset management chief points to continent’s financing needs and more stringent regulation to protect from mis-selling

Economy Financial Times
Oil producers: buy the peace, not the war

Plus, PCE data drama

Economy Financial Times
Europe rules out joining Trump’s Hormuz armada

Also in this newsletter: The Iran war’s cost to combustion engine cars

India’s UTI Pension Fund Pivots to Bonds After Equity Spree
Economy Bloomberg
India’s UTI Pension Fund Pivots to Bonds After Equity Spree

India’s third-largest pension fund is returning to bonds after a year of heavy equity buying, a shift that could bring some relief to the country’s …

Japan’s 20-Year Bond Sale Demand In-Line With 12-Month Average
Economy Bloomberg
Japan’s 20-Year Bond Sale Demand In-Line With 12-Month Average

Japan’s 20-year government bond auction Tuesday saw demand that was in line with the 12-month average, as investor appetite remained steady despite inflation worries fueled …

Goldman Says Oil’s Biggest Shock to Hurt Refined Products Most
Economy Bloomberg
Goldman Says Oil’s Biggest Shock to Hurt Refined Products Most

The largest oil market shock on record triggered by the war in the Middle East is set to have a greater impact on products such …

Economy Financial Times
Australian dollar strengthens ahead of interest rate decision

Fresh wave of inflation could hit economy due to reliance on energy imports

Economy Financial Times
Hundreds feared dead in strike on Kabul hospital

Taliban blames Pakistan for attack that threatens to escalate neighbours’ conflict

Economy Financial Times
IndiGo in turbulent times as CEO quits after operational meltdown

Also in this newsletter: government clears way for Reliance Jio IPO

Economy Financial Times
Donald Trump says he will have the ‘honour’ of ‘taking Cuba in …

US president confirms discussions with communist island nation without sharing details

Morgan Stanley Sees Private Credit Default Rates Reaching 8%
Economy Bloomberg
Morgan Stanley Sees Private Credit Default Rates Reaching 8%

Default rates in direct lending will climb to 8% as advances in artificial intelligence continually disrupt the software industry, according to Morgan Stanley.

Stocks See Cautious Advance With Oil Above $95: Markets Wrap
Economy Bloomberg
Stocks See Cautious Advance With Oil Above $95: Markets Wrap

Wall Street staged a cautious advance, with stocks rising after oil eased from session highs, but remained above levels that could stoke concerns about inflationary …

OrangeTheory Brand Pres. on Longevity, Consumer Trends
Economy Bloomberg
OrangeTheory Brand Pres. on Longevity, Consumer Trends

Orangetheory Fitness Brand President Lauren Cody discusses fitness trends, longevity, and the 'shared accountability' that group settings can help establish in fitness environments. She talks …

Economy Bloomberg
PFL President on Sports Betting, Partnerships, MMA Rise

Professional Fighters League CEO John Martin discusses global expansion opportunities, reaching an 'underserved' MMA community, and potential platform partners. He talks with Romaine Bostick and …

Economy Financial Times
Yale padlock maker axes new CEO before he starts

Fortune Brands staves off proxy battle with asset manager set up by Trian co-founder Ed Garden

Economy Financial Times
US diesel prices soar to almost $5 as Iran war pinches global …

Higher fuel costs will make it more expensive to transport goods and plant crops

Fmr. Minneapolis Fed Pres.: Slower Economic Growth Ahead
Economy Bloomberg
Fmr. Minneapolis Fed Pres.: Slower Economic Growth Ahead

Former Minneapolis Fed President Gary Stern discusses the unlikely chance of a change in policy coming out of the upcoming Fed meeting, and the possibility …

Wall Street’s ‘Tax Alpha’ Trades Are Saving Rich Investors Billions
Economy Bloomberg
Wall Street’s ‘Tax Alpha’ Trades Are Saving Rich Investors Billions

Active managers are in a new gold rush, racing to develop strategies that can help wealthy Americans crush their tax bills.

Economy Financial Times
Angela Rayner aims to reassure investors with City charm offensive

Former UK deputy PM, who is favourite to succeed Sir Keir Starmer, hosted call with fund managers this month

Shortage of Naphtha Threatens Supply Chain Chaos in Japan
Economy Bloomberg
Shortage of Naphtha Threatens Supply Chain Chaos in Japan

For all the headlines about the looming shortage in crude oil, Japan faces a more immediate hit to its industrial supply chain from a little-known …

Economy Financial Times
US says two of its three Gulf-based minesweepers are in Malaysia

Navy says ships are making a ‘logistical stop’ as Iran threatens shipping in the Strait of Hormuz

Economy Financial Times
Cuba hit by nationwide blackout as energy grid collapses

‘Disconnection’ leaves 11mn without power in largest outage since US energy blockade began earlier this year

Bond Managers Bet Central Banks Will Diverge Despite War
Economy Bloomberg
Bond Managers Bet Central Banks Will Diverge Despite War

Bond managers are doubling down on bets that central banks’ monetary policy will diverge, even as the inflation fear unleashed by the war in Iran …

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