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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Shanghai’s answer to Nasdaq outstrips Hong Kong amid Chinese tech frenzy

Star 50 index up almost a quarter this year, leaving rivals behind

Economy Bloomberg
Swift Indian Ban on JPMorgan Unit Seen as Warning to Traders

India’s securities regulator issued an interim order against a JPMorgan Chase & Co. unit in record time, a move market watchers say could deter attempts …

Economy Financial Times
India’s troubled SpiceJet wrangles a last-minute break

Also in this newsletter: food safety regulator cracks the whip

Economy Bloomberg
India’s Mazumdar-Shaw Is On A Mission to Save Lives

Known as India’s ‘Queen of Biotech’, Kiran Mazumdar-Shaw built Biocon from a rented garage almost 50 years ago. Today, her multibillion-dollar company is one of …

Economy Financial Times
What is Bessent doing with the $32tn Treasury market — and will …

US Treasury secretary has made a high-stakes bet he can beat back soaring borrowing costs

Economy Financial Times
UK consumer confidence rises to highest level for two years

Good weather and the ‘Burnham bounce’ brought on by a new prime minister continued to have a positive effect in August

Economy Bloomberg
Stocks and Bonds Rise as Oil Halts Run of Gains: Markets Wrap

Global stocks and bonds advanced as oil halted its streak of gains, offering respite from mounting worries about inflationary pressures.

Economy Bloomberg
Latest Oil Market News and Analysis for Aug. 21

Oil fluctuated but remained on track for a weekly gain as traders awaited details of a US campaign to isolate Iran’s economy, with no apparent …

Economy Bloomberg
Anthropic Set to Add Citigroup to Top IPO Banks on Mega-Listing

Anthropic PBC is set to add Citigroup Inc. to the banks working on its initial public offering, according to people familiar with the matter, as …

Economy Bloomberg
J&J Snack Foods CEO on Snack Nostalgia, Turnaround Plans

Dan Fachner, CEO of J&J Snack Foods, discussed the company's strategic focus on the food service segment, which accounts for 60% of its business. He …

Economy Bloomberg
Fmr. LVMH Exec. Brown on Estée Comeback, Consumer Trends

Pauline Brown, former chairman of LVMH North America, discussed evolving trends in the luxury market. She highlighted that while traditional luxury spending correlates with strong …

Economy Financial Times
FirstFT: Scott Bessent’s intervention to prop up US market fails to soothe …

Also in this newsletter: Loan to Guggenheim Partners falls to distressed territory and North Korea fires barrage of ballistic missiles

Economy Bloomberg
Big Take: Riding The Bond Market Rollercoaster

On today's Big Take podcast, behind the bond market selloff and the US government's intervention. (Source: Bloomberg)

Economy Financial Times
Walmart shares tumble as sales growth slows to six-year low

Retailer to use almost $2.9bn in tariff refunds to deliver price cuts for squeezed American consumers

Economy Bloomberg
Holcim Is Acquiring Part of James Hardie’s European Business

Holcim Ltd. is acquiring part of the European business of James Hardie Industries Plc for €840 million ($981 million), expanding its building, sustainable flooring and …

Economy Financial Times
Tory peer’s free speech group urged Vance to lobby UK government

Free Speech Union called on vice-president to focus on censorship at time of Starmer visit to US last year

Economy Financial Times
Guggenheim loan trades in distressed territory after investor call

Chief executive Mark Walter’s business empire has come under pressure amid probe into his insurance holdings

Economy Financial Times
Quant funds rocked as Treasury boosts buybacks and Moderna shares leap

Tumultuous session puts further pressure on momentum trades that have been unsettled since AI-related stock sell-off

Economy Financial Times
Brazilian municipalities join BHP and Vale dam collapse payout scheme

Nineteen authorities reach agreement over 2015 disaster in blow to English High Court class action

Economy Bloomberg
Will 'Continue to See Dissent Under Warsh Fed' Says Jack Manley

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record …

Economy Bloomberg
China Sentences Evergrande’s Hui to Life in Prison

China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of a property tycoon who exemplified the country’s …

Economy Financial Times
Trump announces fresh ‘economic warfare’ on Iran

UAE, long a crucial trading hub for Tehran, has also suspended commercial ties

Economy Financial Times
Trump’s South Korea defence flip reminds Japan that it has no Plan …

While alarming for Seoul, an abandonment of US guarantees could be disastrous for Tokyo

Economy Financial Times
Moderna breakthrough brings back memories of pandemic mania

Biotech nearly triples as mRNA cancer treatment shows promise after company had struggled in recent years

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