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Latest news from trusted sources around the world

Economy Bloomberg
Situational Awareness’s Mystery Investment Was to Source Foundry

A mystery $400 million investment made by Situational Awareness just days after the hedge fund was on the brink of collapse was to chip manufacturing …

Economy Bloomberg
Union Workers Strike at BHP’s Port Hedland Iron Ore Export Hub

Unionized workers at BHP Group’s Port Hedland iron ore export hub in Western Australia have started rolling 24-hour strikes, escalating a pay dispute ahead of …

Economy Bloomberg
Canada’s PSP Is Said to Mull $1.5 Billion Sale of Roads in …

The Public Sector Pension Investment Board is exploring options for its roads in India, including a sale, according to people familiar with the matter.

Economy Bloomberg
New Zealand Slaps New Sanctions Against Russia After US Move

New Zealand announced more sanctions targeting individuals and entities supporting Russia’s war against Ukraine, following the passage of a new bill in the US Senate …

Economy Financial Times
Myanmar junta looks to come in from the cold with Aung San …

Regime offers proof of life of jailed democracy icon as it steps up campaign to end international isolation

Economy Financial Times
China’s biggest travel site grapples with watchdog’s reservations

Probe concludes that Trip.com abused its power as platform handling more than half of country’s hotel bookings

Economy Bloomberg
US Partly Resumes Operations in Mexico’s Avocado State Michoacan

The US will partially resume operations in Mexico’s top avocado-producing state, days after security concerns prompted a halt that disrupted inspections for exports.

Economy Financial Times
Rightwing populist ‘El Tigre’ sworn in as Colombia’s president

Political neophyte Abelardo de la Espriella promises to crush organised crime and build Amazon mega-jails

Economy Financial Times
Moonshot shake-up seeks to win Beijing nod for stock market debut

Chinese AI start-up targets Hong Kong listing to raise fresh funding for next phase of development

Economy Financial Times
Iran’s oil exports stall and Kharg Island idles under US blockade

Naval interdiction appears to be halting tankers from carrying Tehran’s crude

Economy Bloomberg
Optimizing Life and Finances in Your Twenties | Masters in Business with …

Barry sits down with Jack Raines author of "Younge Money". Jack dives into his unlikely journey into finance and venture capital. He discusses how his …

Economy Bloomberg
Once Upon a Farm CEO on Outlook Boost, Consumer Demand

John Foraker, Co-Founder and CEO of Once Upon a Farm, discussed the company's strong 42% sales growth in the recent quarter and expressed confidence in …

Economy Financial Times
US economy unexpectedly sheds 23,000 jobs in July

Lacklustre figure prompts traders to scale back bets on Fed rate rises

Economy Financial Times
Trump revives threat to sack Fed governor Lisa Cook

Move comes after Supreme Court ruled in June that policymaker could remain in her position while case is resolved

Economy Bloomberg
Innovation Doesn't Happen Without Crisis: Rolapp

Brian Rolapp, CEO of PGA Tour, joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the changing landscape of sports media coverage, the …

Economy Financial Times
Burnham’s UK tour to focus on cutting cost of living and helping …

Prime Minister returns from holiday next week with plans to visit every region

Economy Financial Times
Passing the Clarity Act on digital assets is a matter of national …

If the US does not set terms, crypto activity will migrate beyond American laws and law enforcement to lightly regulated foreign venues

Economy Bloomberg
Ethan Allen CEO Responds to Activist Push

Activist investor Douglas Bergeron is pushing to replace Ethan Allen’s entire board, arguing the furniture maker needs an overhaul of its leadership and governance. Ethan …

Economy Bloomberg
Brasil protege su selva, Bolivia podría estar pagando el precio

Brasil redujo drásticamente la deforestación gracias a una aplicación más estricta de la ley. Pero la destrucción no se detuvo: cruzó la frontera. ¿Cómo se …

Economy Bloomberg
Once-AAA Bonds on New York Megamall Face Over $350 Million Loss

Pyramid Management Group, a shopping center developer, is buying back the mortgage on a struggling megamall it owns in Syracuse, New York, for cents on …

Economy Bloomberg
4% Rule Doesn't Reflect Realities of Retirement, Says Bruce Wolfe

Soaring markets have swollen the ranks of 401(k) millionaires, and companies have largely freed themselves from costly traditional pension plans in favor of self-directed, employee-funded …

Economy Bloomberg
Port of LA Partners with California for Vincent Thomas Bridge Project

US importers are rushing goods into the nation’s two busiest ports, pushing up ocean transport costs during the wait for more tariffs and an extended …

Economy Bloomberg
Dollar Ends Week at Lowest Since May as Rate-Hike Bets Fade

The dollar fell Friday after soft US labor data reduced expectations that the Federal Reserve will raise interest rates in the near term.

Economy Financial Times
Cambridge university to review appointments process after Jason Arday affair

Elite institution’s youngest-ever Black professor resigned this week following allegations of plagiarism

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