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Latest news from trusted sources around the world

Dollar Heads for Worst Day in Over a Month as Oil Prices Decline
Economy Bloomberg
Dollar Heads for Worst Day in Over a Month as Oil Prices …

The dollar is headed for its worst day in over a month as hopes that shipping traffic through a key oil route will resume pushed …

Guinea Eyes Stricter Bauxite Supply Rules to Arrest Price Slump
Economy Bloomberg
Guinea Eyes Stricter Bauxite Supply Rules to Arrest Price Slump

Guinea, the world’s largest producer of bauxite, is in discussions with miners about plans to control the volume of ore supplied to the market and …

Economy Financial Times
Trump throws US-China reboot off course by saying he could delay Xi …

President casts doubt on visit with Chinese leader as officials from both countries lay groundwork for improved relations

IEA Says More Emergency Oil Stocks Available as War Drags On
Economy Bloomberg
IEA Says More Emergency Oil Stocks Available as War Drags On

The International Energy Agency, which last week announced a record release of oil reserves to ease the impact of the Iran war, said it has …

Economy Financial Times
CRH to ditch London listing entirely following New York shift

Irish group cites low level of trading in London shares and the cost and regulatory burden of secondary listing

Economy Financial Times
Prolonged Iran war threatens to magnify economic pain, BIS warns

Bank sees risks of surge in government borrowing costs and of hit to ‘rich’ asset prices

Economy Financial Times
Starmer vows to protect ‘working people’ from Iran energy price fallout

UK prime minister says Britain will not be drawn into ‘wider war’

Economy Financial Times
Reeves to pledge £1bn for British quantum computers

Chancellor wants to ensure companies remain based in the UK rather than being bought out by overseas rivals

Economy Financial Times
What do we really gain from no-cry onions?

Frankensteining low-pungency vegetables is popular, but with food the longer way round is often more enjoyable

Iran War Upheaval Jolts Shipping Fuel Suppliers in Singapore
Economy Bloomberg
Iran War Upheaval Jolts Shipping Fuel Suppliers in Singapore

A widening conflict in the Middle East has led to dramatic swings and surges in the price of fuel for ships, prompting distributors in Singapore, …

New World’s Top Shareholder Seeks to Refinance $932 Million Loan
Economy Bloomberg
New World’s Top Shareholder Seeks to Refinance $932 Million Loan

Chow Tai Fook Enterprises Ltd., the main investment arm of Hong Kong billionaire Henry Cheng’s family, is looking to refinance an around HK$7.3 billion ($932 …

Economy Financial Times
UK should avoid using subsidies to cap energy costs

Amid Iran war price shock, Labour should propose a better measure than the Tories’ ‘energy price guarantee’

Economy Financial Times
Non-alcoholic beer and pet grooming added to UK inflation basket

ONS updates list of items used to measure price growth on back of changing spending habits

Economy Financial Times
Emirates reroutes flights after drone attack on Dubai’s airport

Flights from Manchester, Edinburgh and Dublin among those that returned to destinations on Monday

Economy Financial Times
Belgian prime minister calls for EU to normalise ties with Russia

Rightwing nationalist Bart De Wever challenges full support for Ukraine in quest for lower energy prices

Amplifon Buys GN Store Hearing Aid Unit in $2.6 Billion Deal
Economy Bloomberg
Amplifon Buys GN Store Hearing Aid Unit in $2.6 Billion Deal

Amplifon SpA agreed to buy the hearing-aid business of GN Store Nord A/S in a deal valued at 17 billion Danish kroner ($2.6 billion), a …

Key UAE Oil Hub Resumes Some Operations After Another Strike
Economy Bloomberg
Key UAE Oil Hub Resumes Some Operations After Another Strike

The key port of Fujairah in the United Arab Emirates resumed some operations after a drone strike, the latest in a series of hits threatening …

Orcel Reinforces Commerzbank Ambition With €35 Billion Offer
Economy Bloomberg
Orcel Reinforces Commerzbank Ambition With €35 Billion Offer

UniCredit SpA made a €35 billion ($40 billion) bid for Commerzbank AG, allowing it to increase its influence over the German rival despite fierce opposition …

JPMorgan's Das on Opportunities for Investors Amid Market Volatility
Economy Bloomberg
JPMorgan's Das on Opportunities for Investors Amid Market Volatility

JPMorgan's Mixo Das says investors can "just choose to look through this volatility" when it comes to geopolitical events. He also tells Bloomberg Television that …

Economy Bloomberg
Dubai Suspends Flights as Trump Demands Help With Hormuz

Dubai International Airport has temporarily suspended flights after a drone incident caused a fuel tank to catch fire. The suspension takes place as US President …

Philippine Central Bank Steps in as Peso Nears Key Level of 60
Economy Bloomberg
Philippine Central Bank Steps in as Peso Nears Key Level of 60

The Philippine peso weakened toward the key psychological level of 60 pesos per dollar, prompting the central bank to intervene to support the currency.

Economy Bloomberg
Trump Demands Help with Hormuz, US Attacks Kharg Island

Trump said he’s “demanding” other countries help secure transit through Hormuz. (Source: Bloomberg)

Economy Financial Times
China’s economy rebounds ahead of Iran crisis

Beijing warns of geopolitical risks even as key indicators show growth

China’s 30-Year Yields Set for Highest Close Since 2024 on Oil
Economy Bloomberg
China’s 30-Year Yields Set for Highest Close Since 2024 on Oil

Yields on China’s 30-year bonds were headed for the highest close since September 2024 as rising oil prices fueled by the war in Iran stoked …

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