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Latest news from trusted sources around the world

Economy Bloomberg
Pacific Basin CEO Says Industry Faces Shift After Iran Conflict

Martin Fruergaard, CEO of Pacific Basin, says the shipping firm is prepared for further business disruptions later this year, backed by a pipeline of 25 …

Economy Financial Times
China’s exports jump almost a quarter in July

Trade remains resilient in world’s second-largest economy

Economy Bloomberg
Hong Kong's Iconic Diners Go Global

Hong Kong has exported everything from cinema to finance. Now, its iconic cha chaan teng diners are going global too. Mary Hui explains how these …

Economy Bloomberg
Copper Heads for Record Close in London on Tighter Global Market

Copper headed for a record close in London after strong gains fueled by signs of tighter supply across the global market.

Economy Bloomberg
Trading Strategies ‘Buried Alive’ by India’s Rocky Stock Reform

For much of the first week of trading under India’s new auction system to set closing stock prices, traders were convinced that one of the …

Economy Financial Times
Airtel to list its $10bn Africa finance business in London

Also in this newsletter: Indian government sells stake in LIC

Economy Financial Times
Why Modi’s economic model is not working for India’s youth

Protests reflect deep frustration with poor job prospects and government mis-steps

Economy Bloomberg
Yen Jumps on US Data as Traders Watch for Intervention Clues

The yen surged against a weaker dollar after an unexpectedly soft US payrolls report on Friday, with traders on alert for any sign authorities were …

Economy Bloomberg
Japan Confirms Three-Day Yen Intervention in Spring to Lift Yen

Japan said it intervened in the currency market three times during the spring Golden Week holiday to prop up the yen, going beyond its recent …

Economy Financial Times
Alibaba’s latest AI model puts it back in the great game

The ecommerce and cloud company hopes to recoup some of its lost shine with Monday’s release

Economy Bloomberg
Stocks and Bonds Rise as Jobs Ease Fed-Hike Wagers: Markets Wrap

A sharp slowdown in the US jobs market drove stocks higher while bond yields fell on speculation the Federal Reserve won’t be forced to raise …

Economy Bloomberg
Follow the Money All the Way to Carney's Canada

Bloomberg News Editor-in-Chief Emeritus Matt Winkler explains what is behind Canada's investment boom. The country's government poised to attract record investment from outside its borders …

Economy Financial Times
Rail users face further disruption after Manchester power cut

Hundreds of trains were cancelled in north-west England after a 90-second outage at a critical train signalling centre

Economy Bloomberg
Elanco CEO on Boosted Forecast, Surge in Tick Bites

Elanco Animal Health President and CEO Jeff Simmons discusses what's behind the company's increased profit and revenue forecasts. Speaking on "Bloomberg The Close," Simmons also …

Economy Financial Times
Mexico deploys hundreds of troops to secure avocado heartlands

Violence in Michoacán state prompts US to withdraw its inspectors and suspends imports of the fruit

Economy Financial Times
FirstFT: US scientists use AI to create first synthetic viruses

Also in today’s newsletter: Jane Street in talks to refinance $11bn debt load and SoftBank beats analysts’ expectations

Economy Bloomberg
AIG Profit Beat Estimates, Cites Strong Underwriting

American International Group Inc. reported second-quarter results that surpassed Wall Street expectations, roughly two months after Eric Andersen took over as chief executive officer.

Economy Financial Times
Jane Street in talks to shift its $11bn in debt to investors …

Private credit deal would allow the secretive trading firm to make further investments in AI

Economy Bloomberg
Elf Beauty Expands Into Hair Care Products

Elf Beauty Chief Executive Officer Tarang Amin says the company is excited about expanding into hair care products. It launched a new partnership with Target …

Economy Bloomberg
Dollar Notches Best Day in Two Weeks as Oil Prices Advance

The dollar finished its best day in two weeks as oil prices advanced amid fading optimism over easing tensions in the Middle East.

Economy Bloomberg
Roivant Expects FDA to Approve First Major Drug

Roivant Chief Executive Officer Matt Gline expects the FDA to approve the launch of a drug used to fight a debilitating skin disease. He says …

Economy Bloomberg
Software Development Productivity to Permeate Other Sectors, Says Jonathan Curtis

Jonathan Curtis, Portfolio Manager for Franklin Equity Group, discusses the AI space and how the productivity we've seen in software development will begin to spread …

Economy Bloomberg
‘Sell America’ Debate Re-Emerges as US Policy Sows Doubt

Global bond and currency investors are debating if it’s time to dust off last year’s ‘Sell America’ trade after a flurry of economic-policy decisions out …

Economy Financial Times
Abdul El-Sayed delivers significant victory for progressive Democrats

Also in today’s newsletter, a wide-ranging exclusive interview with Virginia governor Abigail Spanberger

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