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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
VP Duterte Aides Made ‘Unusual’ Cash Widthrawal, Banks Managers Tell Senate

Philippine Vice President Sara Duterte’s aides made unusually large cash withdrawals in 2022 and 2023, former bank officers told the Senate impeachment court, which started …

Economy Bloomberg
Ukraine Says It Hit Major Rosneft Refinery in Russia’s Ryazan

Ukraine says it attacked a refinery owned by Russia’s largest oil producer Rosneft PJSC overnight, its first strike on a major oil-processing facility in nearly …

Economy Financial Times
Asia’s richest man Adani weighs bid for UK’s top port operator

Indian industrialist considers offer for Associated British Ports as two Canadian pension funds prepare to sell stakes

Economy Bloomberg
Adani Flagship Swings to a Loss on One-Off Cost on US Settlement

Adani Enterprises Ltd. swung to a loss in the June quarter, after booking a one-time charge for a US sanctions probe settlement that overshadowed operational …

Economy Financial Times
What’s up with CCC-rated bond spreads?

Whatcha gon’ do with all that junk

Economy Financial Times
US says it intercepted ‘surprise’ Iranian missile attack

Incident ends a days-long pause in direct air strikes

Economy Financial Times
Burnham has Labour voters’ attention but for how long?

Whether core voters stay onside remains to be seen, while opposition parties’ strategies look unconvincing

Economy Financial Times
Tech rout roils markets after SK Hynix profits disappoint

South Korean chip giant misses analyst expectations but insists risk of memory oversupply remains ‘limited’

Economy Financial Times
EU crisis chief warns wildfires are a risk from scaling back green …

Also in this newsletter: Hungary slows Ukraine’s EU accession despite Orbán’s departure

Economy Financial Times
Bank of Japan normalisation will continue amid market tensions

Read the BoJ’s July forecast from the FT’s Monetary Policy Radar team

Economy Bloomberg
US Intercepts Iran Attack on Bases, Puncturing Calm

The US said it intercepted an Iranian attack on military bases, ending a dayslong pause in fighting and increasing the risk of a return to …

Economy Bloomberg
SoftBank Sells Yen Bond to Institutions at Year’s Highest Coupon

SoftBank Group Corp. on Wednesday priced a ¥90 billion ($550 million) bond offering sold to institutional investors as the company broadens its funding sources at …

Economy Bloomberg
Unilever India Gets Rating Upgrades After Worst Day in Six Years

At least five brokerages upgraded Hindustan Unilever Ltd.’s shares following the consumer giant’s earnings, which triggered the worst selloff in more than six years on …

Economy Financial Times
Takaichi warns of ‘race against time’ to rescue Japan earthquake survivors

Powerful tremor in Kumamoto prefecture has left at least 13 dead

Economy Bloomberg
Korean Stocks Tumble a Second Day, Sparking Trading Suspension

South Korea’s stock selloff deepened as chip-makers extended losses following disappointment about SK Hynix Inc.’s earnings and as retail investors cut holdings.

Economy Financial Times
Mark Zuckerberg says US should not ban Chinese AI

Meta chief warns against ‘regulatory capture’ of American rules on the technology

Economy Financial Times
Zelenskyy reports positive Oval Office meeting as Trump shifts towards Ukraine

Kyiv hopes White House talks will result in fresh US backing against Russia

Economy Financial Times
US poised to impose new Russia sanctions package

Measures are the latest sign of Washington’s warming relations with Ukrainian President Volodymyr Zelenskyy

Economy Bloomberg
Gold Wavers as Fed Rate Decision Looms and Mideast Tensions Rise

Gold wavered ahead of a finely balanced interest-rate decision by the US Federal Reserve due later Wednesday, while fighting escalated in the Middle East after …

Economy Bloomberg
Stocks Fall on AI, War Worries Before Fed Decision: Markets Wrap

Wall Street traders gearing up for the Federal Reserve decision sent stocks lower as oil jumped, with the market also bracing for results from two …

Economy Bloomberg
Latest Oil Market News and Analysis for July 29

Oil rallied as a fresh round of fighting erupted across the Middle East, a reminder of the continued risk to flows in the region and …

Economy Bloomberg
Bloom Surges After Raising Guidance as Earnings Double Estimates

Bloom Energy Corp. jumped after the fuel-cell maker posted earnings that were more than double expectations and raised full-year guidance for the second consecutive quarter, …

Economy Bloomberg
NYC Office Project Near Grand Central Lands $1.2 Billion Loan

BXP Inc. has secured a $1.2 billion loan to build a 46-story office tower connected to New York City’s Grand Central Terminal.

Economy Bloomberg
BlackRock Private Credit Plans Ramp Up in Challenge to Blackstone, Apollo

With direct lending powerhouse HPS in the fold, the world’s largest asset manager is pushing past its own challenges to angle for a large slice …

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