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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
JPMorgan Hires Trio for Natural Resources Banking Team

JPMorgan Chase & Co. is hiring three bankers for its natural resources investment banking team, according to a memo reviewed by Bloomberg News.

Economy Financial Times
China unveils mortgage subsidies to boost economy

Beijing offers help for first-time buyers and cuts a policy interest rate as part of efforts to raise growth

Economy Bloomberg
Carnival Raises Full-Year Outlook on European Demand

Carnival Corp. raised its full-year outlook as demand for future sailings — particularly in Europe — hits the highest-level ever during the quarter. The shares …

Economy Financial Times
Sheikh Mansour visits Riyadh in push to mend UAE-Saudi Arabia rift

Meeting is first since long-simmering tensions erupted into the open over Yemen in January

Economy Bloomberg
Paramount Draws $109 Billion of Demand for High-Grade Bond Deal

Paramount Skydance Corp. has attracted demand more than three times the expected size of its blue-chip bond offering to help fund its acquisition of Warner …

Economy Financial Times
A warning of ‘breakdowns and deficiencies’ in security at the US central …

Also in today’s newsletter, Marco Rubio blames ‘foreign actor’ for UK terror plot and US completes Iraqi troop withdrawal

Economy Bloomberg
US Stocks Drop as Traders Parse Consumer Confidence, JOLTS Data

US stocks dropped on Tuesday as investors parsed the first of several economic data releases scheduled for this week.

Economy Bloomberg
China Expands Military Footprint With New Support Base in Laos

The Chinese military opened a new logistics base at an airport in Laos, expanding the People’s Liberation Army’s overseas presence as it seeks to operate …

Economy Bloomberg
Thailand Eyes Pivot to Short-Term Debt as Bond Volatility Rises

Thailand may turn to shorter-term instruments to meet the government’s borrowing needs in the fiscal year starting Oct. 1, a top official said, as rising …

Economy Bloomberg
Texas Allows Wider Use of Dyed Diesel as War Boosts Fuel Costs

Texas is allowing wider use of so-called dyed diesel that’s normally limited to off-road vehicles, as a global fuel crunch boosts prices and prompts President …

Economy Financial Times
Novo buys rights to Chinese weight-loss pill in $2.6bn deal

Hengrui Pharma’s experimental drug could be taken just once a week

Economy Financial Times
More than 100 Israelis go on rampage in Palestinian town

Jewish settlers blocked roads, set tyres ablaze and prevented the return of a Palestinian family in latest surge of violence in occupied West Bank

Economy Bloomberg
Swiss Regulator Ends Proceedings Against Julius Baer

Julius Baer has applied for permission to restart share buybacks after Swiss regulator Finma concluded its enforcement procedure against the wealth manager, removing a long-standing …

Economy Bloomberg
Danantara Said to Open Office in Hong Kong, Plans Hiring

Indonesian sovereign wealth fund Danantara is planning to open an investment office in Hong Kong, as it steps up allocations at home and abroad.

Economy Financial Times
Russia behind arson attack on defence company, says Estonia

Estonian foreign minister Margus Tsahkna says Moscow is ‘boiling western democracies like a frog’

Economy Financial Times
Healey failed to truthfully articulate causes of Britain’s problems

Inability to acknowledge the financial crisis or credit New Labour’s inheritance illustrates wider issues among politicians

Economy Financial Times
Burnham warned ditching triple lock would be ‘electoral insanity’ ahead of conference …

Prime minister pitches ‘honest conversation’ with voters about problems facing the UK

Economy Bloomberg
European Stocks Erase Gains as Selloff in US Bond Market Resumes

European stocks were little changed on Tuesday as US Treasuries drove a risk-off end to the day, while Julius Baer Group Ltd. rose after Swiss …

Economy Bloomberg
Japan 40-Year Bond Sale Sees Strongest Demand Since 2020

Japan’s 40-year government bond auction drew its strongest demand since 2020 as relatively high yields attracted investors.

Economy Financial Times
Shein shares sink after profits disappoint in first results since IPO

Fast-fashion retailer squeezed by rising freight costs and Iran war fallout

Economy Financial Times
Rubio says UK air base incident involved ‘foreign actor’

RAF Fairford was being used by US Air Force for strikes on Iran

Economy Financial Times
‘No definitive timeline’ for Solomon to step down as CEO, says Goldman

Investment bank president John Waldron is widely regarded as chief executive’s heir apparent

Economy Financial Times
Anthropic warns of ‘existential risks to humanity’ in IPO prospectus

Long-awaited S1 filing reports Claude maker lost $8bn last year on $4.6bn in revenue

Economy Financial Times
Convenience store woman: Lady Gaga urges Japanese to work at FamilyMart

Chain taps pop star in bid to recruit staff amid labour shortages

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