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FirstFT: Vance asked Ukraine to halt strikes on tankers
Also in today’s newsletter: Moderate Democrat wins in Wisconsin, and Bank of America commits $250bn to US infrastructure projects
Colombian earthquake disrupts key coffee export road
Operations paused at port handling most of Colombia’s bean shipments
Moderate Democrat unexpectedly beats socialist in tight Wisconsin primary race
David Crowley defeats Francesca Hong for party’s gubernatorial candidate
Most Electricity Sought for AI Data Centers in US Will Never Materialize
More than two-thirds of the electricity sought for the artificial intelligence boom in the US isn’t likely to materialize due to “phantom” projects and long-shot …
Why Romantasy May Soon Be a Billion-Dollar Business
Romantasy has grown from a BookTok-driven obsession to a nearly billion-dollar business, powered by a largely female fandom scooping up special editions, merchandise, event tickets, …
Pimco Sees Fed on Hold Through 2026 as Inflation Moderates
Marc Seidner, CIO for non-traditional strategies at Pimco, discusses the outlook for inflation, the US economy and Federal Reserve policy. "We're much less fussed about …
Taiwan hits out at China over naval drill with Indonesia
Rare joint exercises raise concerns over Beijing’s more assertive conduct in disputed waters
Bank of America commits $250bn to US projects in boost to ‘America …
Pledge comes after president snubbed chief executive of US’s second-largest lender earlier this year
UAE Shuttles Iraqi Oil Exports Through the Strait of Hormuz
Abu Dhabi National Oil Co.’s trading arm is offering to shuttle exports of Iraqi oil through the Strait of Hormuz, using its dark-transit playbook to …
Tata Sons Chairman N Chandrasekaran Resigns Ahead of AGM Next Week
Natarajan Chandrasekaran will step down as chairman of Tata Sons Pvt. when his term ends in February 2027, deepening a leadership crisis at the Indian …
SK Hynix, Samsung Extend Gains After Report Temasek to Invest
South Korean chipmakers extended gains following a local media report that Singapore’s Temasek Holdings Pte plans to invest in their stocks.
China Taps Deutsche Bank as First Foreign Yuan Clearer in Europe
China has authorized Deutsche Bank AG as the first non-Chinese lender that can settle yuan transactions in Europe, expanding its clearing network to promote the …
Singapore Airlines loses about S$1bn on Air India bet — with more …
Timing of decision to take 25% stake ‘could not have been worse’, says executive
Korea’s 30-Year Bond Yield Hits Record on Oil, Rate Hike Bets
South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt …
Top Democrat demands briefing on secret mission to extract Trump from Turkey
Chuck Schumer calls for full account of operation to protect president from alleged Iranian assassination threat
India plans to tighten rules on foreign-funded NGOs
Charities and religious groups fear new bill could lead to government confiscating assets
UK police chiefs urge Burnham to prevent early release of officer’s killers
Intervention comes after PM signals he thinks those behind the death of Andrew Harper will remain in prison
Gold Rallies as Tame US Inflation Report Calms Rate Hike Fears
Gold extended gains above $4,400 an ounce as in-line US inflation data eased concerns about Federal Reserve interest-rate hikes.
Households near UK grid upgrade projects in line for lower electricity bills
Government aims to boost support for pylons and power lines needed to meet net zero targets
S&P 500 Closes Near Record High on Tame Inflation: Markets Wrap
Stocks rose to a striking distance of a record after the latest inflation report matched expectations, easing concerns about imminent Federal Reserve rate increases.
Pakistan Says Deal Is Close Even as Iran, US Harden Stances
Pakistan’s defense minister said the US and Iran are “close to some sort of arrangement” over the Strait of Hormuz, even after both sides appeared …
Fmr. FDA, CDC Official on Cyclospora, Food Safety Issues
Steve Ostroff, Former Acting Commissioner of the FDA and Former Deputy Director of the National Center for Infectious Diseases at the CDC, joined the program …
Deep Dive Into The US' Critical Minerals Investment
Bloomberg Senior Economic Statecraft Reporter Joe Deaux joins Tim Stenovec and Kristine Aquino for a one-hour special of Businessweek Daily to answer all your questions …
Climate change an ‘existential threat’ to England’s green spaces, study finds
Hotter, drier summers are creating stress on plants and soils
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