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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
LVMH Fashion Unit’s Return to Growth Held Back by Iran War

Sales at LVMH’s key fashion and leather goods unit, home to Louis Vuitton and Dior, barely eked out growth last quarter as the conflict in …

Economy Financial Times
Burnham rejects northern Labour MPs’ call to abolish council tax

Downing Street says it is not considering replacing the levy and stamp duty with a new property tax

Economy Financial Times
Burnham and the problem of politics by social media

The old tightly regulated party broadcast model is dead — for better and for worse

Economy Bloomberg
India Summons Ukraine Envoy After Black Sea Attack Kills Sailor

India summoned the Ukrainian envoy after a sailor from the country was killed in an attack on a vessel in the Black Sea on July …

Economy Bloomberg
Jersey Mike’s IPO Said to Be More Than 10 Times Oversubscribed

Jersey Mike’s Subs Inc.’s initial public offering has attracted investor demand for more than 10 times the available shares ahead of pricing on Wednesday, according …

Economy Financial Times
Andrew Tate’s extradition challenge could last almost a year, lawyers say

Controversial social media influencer faces charges in UK of rape and sexual assault, along with brother Tristan

Economy Bloomberg
US Stocks Erase Gains as Chipmakers Extend Losses to Third Day

US stocks fell on Monday, erasing an early morning rally as chipmakers weakened, putting the Philadelphia Semiconductor Index on pace for its third consecutive session …

Economy Financial Times
FirstFT: Oil prices plunge as Trump calls off strikes

Also in today’s newsletter: Chinese chipmaker soars on market debut, and fires rage in Europe

Economy Financial Times
ECB on course to raise rates again in September

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

Economy Bloomberg
RBI Intervention Lifts Rupee to Strongest Gain in Over a Month

India’s central bank sold dollars in the local currency market, propelling the rupee to its best gain in over a month, according to traders familiar …

Economy Financial Times
Oil falls 8% as Iran and US pause strikes over Strait of …

Brent lower after two weeks of escalating violence had pushed crude to more than $100 a barrel

Economy Financial Times
The good, the bad and the mixed of Burnham’s government overhaul

PM should have gone further in scrapping Cabinet Office, while handing Lisa Nandy an expanded brief is a gamble

Economy Bloomberg
Japan’s GPIF Says to Act Only in Interest of Beneficiaries

Japan’s Government Pension Investment Fund will manage its assets solely in the long-term interest of its beneficiaries, its leader said Monday, an apparent pushback at …

Economy Bloomberg
Laopu Gold Sees Earnings Growth Slowing as Bullion Retreats

Laopu Gold Co. expects a slower first-half revenue growth as demand for the Chinese luxury jeweler’s products weakened in recent months amid dropping bullion prices.

Economy Financial Times
Italy’s search for national football coach marred by Russia links

Andrea Pirlo, tipped to revive struggling team, has acted as global ambassador for Russian betting company

Economy Financial Times
Chinese chip champion CXMT soars 466% in market debut

Tech group briefly becomes China’s most valuable listed company in mainland’s biggest IPO since 2010

Economy Financial Times
How tight is the labour market?

The data is equivocal

Economy Financial Times
Shein slumps to loss ahead of planned Hong Kong listing

Fast-fashion retailer flags risk from US and EU trade tensions

Economy Bloomberg
Corn and Soybeans Fall on US Weather, Pause in US-Iran Strikes

Corn and soybean futures slumped the most in months, following a sharp drop in crude oil after the US paused nearly two weeks of daily …

Economy Bloomberg
Innolight Is Said to Price $6.8 Billion HK Listing Below Top

Zhongji Innolight Co. has raised HK$53.4 billion ($6.8 billion) after pricing its Hong Kong listing below the maximum offered, according to people familiar with the …

Economy Financial Times
If No 10 North is the ‘situation room for growth’ let’s get …

A behind-the-scenes look at the work of Rutherford Hall, critical communications strategist

Economy Bloomberg
Warjiyo’s Departure Raises Scrutiny on BI Policy, Analysts Say

Bank Indonesia Governor Perry Warjiyo’s resignation is expected to heighten uncertainty and volatility across the nation’s financial markets, with analysts citing concerns over policy direction …

Economy Bloomberg
CATL Surges After Share Buyback Plan, Strong First-Half Profit

Contemporary Amperex Technology Co. Ltd. shares jumped in China after the world’s biggest electric-vehicle battery manufacturer unveiled a buyback plan following strong earnings for the …

Economy Financial Times
Indonesia central bank chief resigns

Perry Warjiyo had led Bank Indonesia since 2018

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