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Latest news from trusted sources around the world

Economy Financial Times
Winner of US-China AI rivalry falls 9% in Hong Kong debut

Shandong-based Innolight supplies data centre equipment to American and Chinese tech groups

Economy Financial Times
Investors warn BoJ faces test to inflation-fighting credibility

Friday’s meeting on interest rates will be closely watched for signs of future policy decisions

Economy Bloomberg
Bradesco (BBD) Approves $2 Billion Capital Increase for Digital Push

Banco Bradesco SA said its top investors plan to support a capital raise of as much as 10 billion reais ($2 billion) to help finance …

Economy Financial Times
Falling stocks, a tumbling currency and now Bank Indonesia’s governor resigns

Abrupt departure of technocrat at volatile time stokes concerns about policy unpredictability

Economy Bloomberg
Gold Holds Modest Gain After Federal Reserve Keeps Rates Steady

Gold held a modest gain, after the US Federal Reserve kept interest rates unchanged despite rising inflationary risks from the escalating war in the Middle …

Economy Bloomberg
Chip Stocks Post Biggest Advance Since April 2025: Markets Wrap

A rebound in giant chipmakers lifted stocks as dip buyers emerged on speculation that the artificial-intelligence trade that has powered the bull market has more …

Economy Bloomberg
Goldman-Backed Biotech Attovia Seeks $212.5 Million in US IPO

Attovia Therapeutics Inc., an early-stage drug developer focused on immune-mediated diseases with high unmet need, is seeking to raise as much as $212.5 million in …

Economy Bloomberg
NZ Markets Watchdog CEO on Leave as Workplace Culture Reviewed

New Zealand’s financial markets watchdog has appointed an interim chief executive after Samantha Barrass went on leave following revelations of “cultural concerns” in the workplace.

Economy Bloomberg
From Food to Football: How Clouse Came to the Commanders

Washington Commanders President Mark Clouse talks about why he left the Campbell's Company as CEO to take this job. He speaks to Bloomberg's Randall Williams …

Economy Bloomberg
Can We Trust Election Prediction Markets?

Leading prediction markets have been heralded as “truth machines” — arenas for mass betting that reveal what people really think when they’ve got money on …

Economy Financial Times
Meta tumbles 6% as sales forecast and profits disappoint

Mark Zuckerberg under pressure over huge AI spending

Economy Financial Times
Qualcomm posts shrinking sales and profits as rising costs hit smartphone market

Net income fell 25% as higher memory chip prices hurt device business

Economy Financial Times
Oil prices surge after Trump says Iran will ‘get a beating’ for …

Washington says Tehran launched an attempted ‘surprise attack’ on US military installations in the Middle East

Economy Bloomberg
The US Is Making the Most Fuel Since Pre-Covid. It’s Not Enough.

US refiners are turning crude oil into products like gasoline and diesel at a pace not seen since before the Covid-19 pandemic, but even that …

Economy Financial Times
Wildfire evacuations hurt France’s oyster capital

About half of shellfish farms in Cap Ferret affected, according to industry officials

Economy Financial Times
The pathway to prosperity is getting harder for developing countries

The rules-based global market in which rich nations tolerate trade surpluses does not exist any more

Economy Financial Times
Elon Musk settles long-running legal battle with X advertising group

Billionaire had accused brands of organising an illegal boycott

Economy Bloomberg
US Consumers Continue to Grow More Cautious

US consumer confidence fell in July as Americans’ views about current business conditions and the labor market deteriorated. Elevated gasoline and food prices likely weighed …

Economy Bloomberg
Fed Watchers Gird for a Lesson in Reading Warsh

The 100-plus forecasters in the Bloomberg survey for Wednesday’s Federal Reserve interest-rate decision are almost entirely united: policymakers will stand pat. But that near-unanimity masks …

Economy Financial Times
South Korea cracks down on risky retail funds after tech rout

Regulators move to limit access to leveraged ETF products after Kospi falls by a third this month

Economy Financial Times
EU warns it will investigate Fifa’s $20bn commercial venture

Bloc joins protests against plans by football’s governing body to raise billions from outside investors

Economy Bloomberg
CDS Market Surges as Wall Street Picks AI’s Winners and Losers

As Big Tech barrels toward trillions of dollars of planned spending on AI, a key cog in credit markets is showing signs of pressure. That, …

Economy Bloomberg
Grant Thornton to Buy Advisory Firm CBIZ in $5 Billion Deal

Grant Thornton’s US arm has agreed to buy rival accountant CBIZ Inc. in a deal that values the target firm at $5 billion, marking one …

Economy Bloomberg
China’s Zijin Gold and Allied Gold Scrap $3.9 Billion Merger

Zijin Gold International Co.’s C$5.5 billion ($3.9 billion) takeover of Canada’s Allied Gold Corp. was scrapped after the mining deal failed to get Chinese regulatory …

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