World News Feed

MNTN CEO on Disney’s Ad Business, Streaming Wars Outlook

MNTN CEO Mark Douglas discussed the current state of the connected TV and streaming advertising landscape following a strong earnings report from his company, which …

‘Toy Story 5’ box office boosts Disney as US theme parks rebound

Shares rise as entertainment group increases buyback plan

US puts $25mn bounty on top Mexican drug cartel leader

Trump administration makes offer for information on Juan Carlos Valencia González as part of package of up to $102mn in rewards

Phillips 66 Expects Soaring Fuel Margins to Last Into 2027

Fuel-makers enjoying skyrocketing profits will likely keep reaping standout margins through the next quarter and beyond, according to an executive from a top US refiner.

MercadoLibre Drops as E-Commerce Giant Signals More Spending

MercadoLibre Inc. shares slid as analysts signaled worries about the e-commerce giant’s spending plans despite it reporting sales and profits that beat consensus estimates in …

Iran says it has reached agreement with Oman on Hormuz shipping route

Islamic republic is determined to retain a degree of control over the chokepoint

Big US hedge funds targeted by wave of cyber attacks

Point72 and Citadel among firms hit by audio phishing schemes

Bikemaker Accell files for insolvency four years after €1.8bn KKR-led buyout

Announcement by Dutch owner of Raleigh and Babboe brands follows four difficult years since it was taken private

JPMorgan poaches M&A banker Amy Lissauer from Bank of America

Executive will lead activism defence practice at biggest US lender

Google DeepMind CEO Demis Hassabis steps aside in shake-up of AI lab

Chief scientist Jeff Dean leaves the group to found his own start-up

Badenoch ‘sad’ over former antisemite’s withdrawal as Tory council candidate

Joshua Bonehill-Paine says he will now advise Conservative Party on its culture and integration commission

Stocks Rise on Earnings and Hopes for Hormuz Deal

A slew of strong corporate profits sent stocks to fresh all-time highs, with the market also rising as President Donald Trump said a deal on …

UK’s Bodycote Draws £1.6 Billion Bids From CVC and Veritas

Bodycote Plc received takeover bids worth around £1.6 billion ($2.2 billion) each from CVC Advisers Ltd. and Veritas Capital, pitting rival private equity firms against …

Flutter chief steps down as gambling group cuts guidance

Peter Jackson to be replaced as CEO in October by head of Flutter’s international business

Muni Market on Pace for 3rd Consecutive Year of Record Issuance

Municipal bond technicals remain highly constructive, helping the market easily absorb issuance running at a record pace. Yet geopolitical and monetary-policy concerns have pushed global …

Reform repaid Tice loan on same day £1mn donated by mother of …

Transactions fuel criticism of the party’s lack of transparency over its financing

Polanski calls for higher taxes on oil and gas profits to fund …

Demand comes as both Shell and BP declared their highest quarterly profit in 4 years

Drone carrying explosives found at Leipzig airport, say German police

Incident appears to mark an escalation after two years of drone incursions at European airports

Musk’s SpaceX unnerves investors with lavish AI spending plans

Shares slide even as group says its quarterly revenues nearly doubled

Progressive Democrat wins in Michigan in rebuke to party establishment

Victory for Abdul El-Sayed sets stage for fierce midterm battle in must-win Senate seat

Carry Trade Is Powering On as Investors Sidestep Yen’s Gains

Emerging-market carry trades, some of this year’s most popular foreign-exchange bets, are showing resilience even after joint US-Japan currency intervention dented the appeal of this …

Iran War Exposes US Military Aluminum Risk Shown in Pentagon War Game

Supplies of an ultra-refined form of the metal used in fighter jets are tight after drones damaged a UAE plant.

Chanel Sales Jump 16% in First Half (Video)

FirstFT: Hopes for Strait of Hormuz deal grow

Also in today’s newsletter: SpaceX shares fall after maiden results and Trump administration revokes visa of Brazil’s ambassador