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Latest news from trusted sources around the world

Economy Bloomberg
Latest Oil Market News and Analysis for Aug. 3

Oil fell after US President Donald Trump called off a planned attack on Iran and said new talks with the Islamic Republic would begin on …

Economy Bloomberg
Trump Says US Intervention in Yen Was ‘A Signal of Friendship’

“It was a signal of friendship,” President Donald Trump says after being asked why the US intervened to support the Japanese yen.

Economy Financial Times
Labour overtakes Reform UK in polls for first time in more than …

Party commands about 25 per cent of the vote as Andy Burnham promises to ‘bring back hope’

Economy Bloomberg
AstraZeneca Is Said to Have Explored Bristol Myers Merger

AstraZeneca Plc has explored an acquisition of Bristol Myers Squibb Co., a megadeal that would create one of the world’s largest drugmakers, according to people …

Economy Bloomberg
Prysmian Is Said Near Takeover of US Electrical Maker Atkore

Italy’s Prysmian is in advanced talks to acquire electrical manufacturing company Atkore Inc., people familiar with the matter said.

Economy Financial Times
Monte dei Paschi explores Banco BPM takeover after ‘merger of equals’ talks …

MPS chief executive weighs approach to Banco BPM’s largest shareholder, Crédit Agricole

Economy Financial Times
Earnings season reaches a peak

SpaceX gives first results call, Flutter migrates to New York, inflation updates from China and India

Economy Bloomberg
Governors Push State Solutions on Costs

Governors from Oklahoma, Maryland and Delaware say states remain the nation's laboratories of democracy, sharing policy ideas on housing, education, child care and energy while …

Economy Financial Times
America’s biggest companies report ‘rock solid’ profits as consumers face higher costs

S&P 500 groups on track for strongest earnings in five years

Economy Financial Times
Europe’s weak reaction to Spain’s migrant crisis

Pedro Sánchez is being unfairly singled out for a liberal immigration policy

Economy Bloomberg
Jackson Warns US Policy Risks Caribbean Stability

Rep. Jonathan Jackson says the Trump administration's policies toward Haiti, Venezuela and Cuba risk worsening instability across the Caribbean, arguing that ending Temporary Protected Status …

Economy Bloomberg
Luxury Spending Drives Running Culture

Bloomberg Retail Reporter Lily Meier says running has evolved from a fitness activity into a lifestyle and status symbol, with run clubs fueling demand for …

Economy Financial Times
Morocco counts its dead and missing after mass swim to Ceuta

Families search for children not seen since 60,000 people crossed into Spanish enclave, as death toll rises to 72

Economy Financial Times
How to save the British high street

Communities need help to tackle the blight of delinquent landlords who let empty properties decay

Economy Bloomberg
AI Adoption Sparks Cultural Divide

Bloomberg's Josie Cox says artificial intelligence is creating new social divisions as disagreements over its use increasingly shape workplaces, relationships and personal identity, with skepticism …

Economy Financial Times
Hungary braced for power cuts amid extreme drought

Record-low water levels on Danube force country’s first shutdown of nuclear power plant

Economy Bloomberg
Why Think Tanks are a Billion Dollar Business

Think tanks bring together experts and shape debates in Washington, but how do you measure the value of an idea? From the Aspen Institute to …

Economy Bloomberg
Bond Traders Flying Blind on Fed See Risk Yields Spiral Higher

Bond investors including Brandywine Global Investment Management and Wellington Management say the risk of a deeper Treasury rout is rising as Federal Reserve Chairman Kevin …

Economy Bloomberg
Yen Holds Steady in US Hours After Speculation of Intervention

The yen held steady through the New York trading session on Monday, after a sharp advance earlier in the day that sparked speculation authorities may …

Economy Financial Times
Trump says he cancelled Iran strikes at request of Middle East nations

US president claims ‘perimeters of a deal’ to end conflict have been agreed days after he threatened to attack

Economy Financial Times
Rupert Lowe offers to find ‘common way forward’ with Reform UK

Comments by Restore Britain founder come as Nigel Farage’s party slips in polls and faces scrutiny over its finances

Economy Financial Times
Walter insurers paid millions of dollars to credit rating provider Egan-Jones

Billionaire investor faces wide-ranging probe into the private credit holdings of insurers he controls

Economy Financial Times
‘Crush this lady’: how eBay harassment campaign led to $56mn payout

Employees’ cyberstalking of Boston couple involving macabre deliveries ended in jail time and financial settlement

Economy Financial Times
Will July’s US employment data prompt a rethink on rates?

Market Questions is the FT’s guide to the week ahead

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