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Latest news from trusted sources around the world

Economy Financial Times
FTAV’s further read

Trump vs Norway; chōsen-seki; mathematicians and AI, RIP Quartz; Wallace and Gromit

Economy Financial Times
Is the US economy as narrow as its stock market?

No*

Economy Financial Times
EU budget battle intensifies ahead of leaders’ summit

Also in this newsletter: Don’t ban US tech without financial support, says Warsaw

Economy Bloomberg
Citi on Maneuvering Limited Government Fiscal Space

Stephanie von Friedeburg, Head of the Public Sector Group at Citi, discusses the issues that are top of mind for governments and central banks. She …

Economy Bloomberg
Wheat Extends Drop as Trump Remarks Fuel Black Sea Truce Hopes

Wheat declined for a fourth day after US President Donald Trump said Russia and Ukraine had agreed to an immediate “energy ceasefire,” raising hopes that …

Economy Bloomberg
Iran War’s End Will Be Turning Point for India, Amundi Arm Says

Amundi SA’s research arm sees scope for a rebound in Indian equities after a steep selloff fueled by high oil prices and persistent foreign outflows.

Economy Bloomberg
Genting Shares Tumble Most on Record on Rights Issue Plan

Genting Bhd. shares plunged after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit ($306 million) …

Economy Bloomberg
Indian Rupee Jumps 1% After RBI Measures to Support Currency

The Indian rupee strengthened the most in six months after the central bank took some of its strongest measures to bolster the currency since the …

Economy Bloomberg
Gold Edges Down as Traders Monitor Oil Prices, Fed Rate Outlook

Gold edged down from the highest in a week, as traders assessed swings in oil prices while waiting for economic data for clues on the …

Economy Financial Times
Healey’s Budget will be ‘fiction’ without plan for £35bn hole in spending, …

Influential think-tank says a ‘do-nothing’ fiscal event on October 28 is not an option

Economy Financial Times
How to pay for social care

Automatic enrolment worked for pensions — a similar scheme could pool the risk of heavy costs from illness and infirmity in later life

Economy Financial Times
City of London hits out at Burnham’s plan to scrap non-compete clauses

Prime minister’s pledge is backed by tech groups but hedge funds and banks say it will damage competitiveness

Economy Financial Times
Burnham to step up UK business outreach amid fears of Budget tax …

Prime minister and chancellor to meet chief executives and lobby groups after complaints about lack of detail on plans for economy

Economy Bloomberg
S&P 500 Futures Gain as Earnings Hopes Offset Oil: Markets Wrap

The S&P 500 is poised to edge closer to an all-time high as traders weigh the prospect of solid results in a busy week for …

Economy Bloomberg
Latest Oil Market News and Analysis for Oct. 12

Oil swung after US President Donald Trump said Kyiv and Moscow had agreed to an “energy ceasefire,” while in the Middle East, Saudi Arabia suffered …

Economy Financial Times
FirstFT: India’s ‘Cockroach’ movement vows more protests after release of leaders

Also in today’s newsletter: deadly Houthi attacks on Riyadh’s airport and the US threatens to block arms for Ukraine

Economy Financial Times
Raphaël Glucksmann wins nomination for France’s centre-left

Pro-European MEP beats Socialist party rival as he bids to unite the ‘democratic left’ ahead of next year’s presidential election

Economy Financial Times
US hits commercial tanker in Gulf of Oman as tensions flare

Ship tried to break through American naval blockade of Iranian ports, Central Command says of its first attack in a month

Economy Bloomberg
US Bond Traders Await CPI, Warsh For Insight on Fed’s Rate Path

Bond traders are looking to the latest consumer-price inflation figures and a planned appearance by Federal Reserve Chairman Kevin Warsh for insight into how quickly …

Economy Bloomberg
Bond Selloff May Mean Fewer Rate Hikes From Global Central Banks

Bond markets are starting to do some of the lifting for central banks around the world by pushing up borrowing costs themselves, potentially reducing the …

Economy Financial Times
VW chief calls for France and Germany to co-operate on China car …

‘When it matters, we have found solutions together’, Oliver Blume says ahead of Paris Motor Show

Economy Financial Times
Russia ‘interfered’ in 2016 Brexit vote, says Burnham

UK prime minister calls for European voters to be better informed about Kremlin-backed efforts to disrupt democratic process

Economy Bloomberg
'Windows of Opportunity' to End War in Ukraine, SACEUR Says

NATO Supreme Allied Commander Europe (SACEUR) General Alexus G. Grynkewich - the alliance's top military commander - says the alliance should increase support to Ukraine …

Economy Bloomberg
Bookmarked: Stories That Caught Our Eye This Week

Bloomberg hosts David Gura, Christina Ruffini and Lisa Mateo are on Bloomberg This Weekend for “Bookmarked,” sharing stories that caught their attention over the past …

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