World News Feed
Latest news from trusted sources around the world
Latest Oil Market News and Analysis for Aug. 13
Oil took a breather after a six-session gain, with futures edging lower as traders waited for signs of progress on reopening the Strait of Hormuz.
ANZ Profit Rises on Deposit Growth, Expansion in Business Loans
ANZ Group Holdings Ltd.’s profit climbed in the third quarter as the bank grew customer deposits and lending expanded in its business and private banking …
Kushner, Iger Buy Lakers for Record-Breaking $12.5 Billion
Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of $12.5 billion, according to people familiar with …
FirstFT: Taiwan hit by unprecedented ‘autonomous’ AI hack linked to China
Also in today’s newsletter: Tata chair to step down and former Chinese premier Zhu Rongji dies aged 97
Indonesian Tech Firm GoTo Cut From MSCI Indexes in Review
MSCI Inc. removed GoTo Group from its indexes after a plunge in the Indonesian tech company’s share price left the stock difficult to trade.
Singer Vehicle Founder on Louis Vuitton Partnership
In a groundbreaking collaboration, luxury fashion house Louis Vuitton and high-end automotive restoration company Singer have teamed up to create custom Porsche cars. This marks …
Former CDC Official on the Cyclospora Outbreak
Dr. Debra Houry, Former Deputy Director for Program & Science at the CDC, discusses the ongoing cyclospora outbreak amid conflicting messages from health authorities. While …
Wall Street giants bet Nvidia’s AI chips will defy the laws of …
Private capital firms are wagering that the crucial hardware will hold its value for years to come
World witnesses one of nature’s greatest spectacles: a total solar eclipse
Spectators and scientists gathered to witness full or partial blocking of the Sun across the northern hemisphere
Karoline Leavitt to step down as White House press secretary
Donald Trump says chief spokesperson will leave job at the end of the month
US inflation falls to 3.4% in July
Fallout from Iran war continues to reverberate across economy even as petrol prices decline
Mark Walter’s insurers rush to unwind affiliated investments
TWG Global is seeking to refinance loans, restructure firms and bring in outside investors as prosecutors scrutinise books
Burnham urges retailers to stop selling disposable BBQs amid wildfires
PM holds emergency government meeting in response to drought and heatwaves
Crackdown on zero-hours contracts could cost UK firms up to £3bn per …
About £1.2bn will come from new rules forcing bosses to pay compensation for cancelled shifts
Lightbridge CEO Says Nuclear Fuel Is Accelerating
Lightbridge CEO Seth Grae says the company’s advanced nuclear fuel is progressing faster than expected as testing continues at Idaho National Laboratory. He joins Bloomberg …
Firefly CEO Says Launch Demand Is Surging
Firefly Aerospace CEO Jason Kim says launch capacity is tighter than ever as commercial and government demand accelerates. He joins Bloomberg Open Interest to break …
Josh Kushner, Bob Iger Buy LA Lakers for Over $12 Billion
Josh Kushner and Bob Iger are buying the Los Angeles Lakers basketball team for a record-breaking price of more than $12 billion, according to people …
Goldman Sachs to Buy Neos Investments for $2.25 Billion
Goldman Sachs Group will pay as much as $2.25 billion to buy Neos Investments, expanding its asset manager’s reach in the actively managed ETF market. …
Cava Rises on Sales; CoreWeave Soars on AI Outlook | Stock Movers
On this episode of Stock Movers: - Cava (CAVA) is also rising this morning as sales jumped with Americans flocking to Pita Chips, Salmon, and …
Switzerland pushes ahead with post-Credit Suisse crackdown
Financial regulator may be given greater powers to intervene at troubled banks and levy fines
Bob Iger and Josh Kushner in $12bn deal for Lakers basketball franchise
Guggenheim’s Mark Walter sells team after just a year of ownership amid US inquiry into insurance empire
Poor numeracy is a blind spot in the age of AI
An understanding of maths can be crucial to judging if the tech is telling you the right thing
Investor Nelson Peltz prepares bid for US burger chain Wendy’s
Trian Fund Management, BlueFive Capital and Flynn Group could submit offer in the coming weeks
Smile, you’re on camera: when the boss wants to read your mood
Patent records show how many companies are interested in trying to record how people feel
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