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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
EU faces crumbling support for new Russia sanctions

National capitals refuse to support measures that could hurt big companies

Economy Bloomberg
Extreme Stock Swings Tempt Funds Into Reverse Dispersion Trade

Betting that individual stocks will be volatile while the S&P 500 stays relatively calm has been a popular and successful hedge fund strategy. But with …

Economy Bloomberg
Prediction Markets Swell to 27% of Sports Bets During World Cup

Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like …

Economy Bloomberg
Safest Carry in Emerging Markets Is in Latin American Currencies

Emerging-market currency volatility has dropped to the lowest since the start of year and that’s re-energizing carry trades, particularly those involving Latin America that are …

Economy Financial Times
India’s rupee problem has been misdiagnosed

Currency weakness reflects subdued private investment and uncertainty over the business climate

Economy Financial Times
How will the ECB respond to the latest rise in oil prices?

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

Economy Financial Times
UK steel quota concessions to seal India deal pose risk to Welsh …

Union leaders say quotas for galvanised steel particularly harmful for Tata Steel UK’s Llanwern plant in Newport

Economy Financial Times
Burnham should pursue a devolution ‘big bang’

If done right, radical decentralisation could boost UK productivity growth and living standards

Economy Financial Times
China’s Jingye demands payout over British Steel nationalisation

UK government accused of disregarding group’s investment and offering ‘almost zero compensation’

Economy Financial Times
US strikes Iran after two American troops killed in Jordan

Battle for control of Strait of Hormuz escalates after Tehran launches attack on Gulf states

Economy Financial Times
GameStop extends pursuit of eBay despite Wall Street scepticism

Video game retailer doubles stake in online marketplace as chief executive Ryan Cohen presses ahead with quixotic deal

Economy Bloomberg
Caspian Pipeline Consortium Halts Loadings on Drone Strike

Oil loading at the Caspian Pipeline Consortium’s terminal on Russia’s Black Sea coast was suspended after a drone strike, prompting the Kazakh government to call …

Economy Bloomberg
US Strikes Iran in Escalating Campaign After Troops Killed

The US and Iran engaged in a quickening series of tit-for-tat attacks, with the American military conducting a wave of strikes on the Islamic Republic …

Economy Bloomberg
India’s Private Lenders Bet on Corporate Loan Revival for Growth

India’s top private banks are betting on a sustained pick up in lending after reporting healthy numbers in the first quarter of the fiscal year, …

Economy Bloomberg
Jingye Says It Reserves Legal Rights in UK Steel Nationalization

Jingye Steel Co. has reserved all legal rights, including international arbitration, over the UK government’s nationalization of British Steel.

Economy Bloomberg
Singapore Eyes Hedge Fund Tax Cuts to Boost Hub Role: FT

The Monetary Authority of Singapore has held talks with investment firms on reducing taxes for fund managers in a bid to maintain the island’s competitiveness …

Economy Financial Times
Xpeng says China close to building ‘killer’ rival to Tesla Model Y

Elon Musk’s SUV remains top-selling electric vehicle in many parts of the world as well as second most popular in China

Economy Financial Times
Chinese leaders zero in on need for stimulus for economy

Policymakers expected to prioritise spurring high-tech rather than ‘big bang’ for consumption, analysts say

Economy Financial Times
How Maga fell hard for the gender binary

Pete Hegseth’s championing of testosterone for troops is the latest manifestation of the rightwing movement’s aesthetic

Economy Financial Times
No longer grim up north for UK banks as Burnham comes to …

NatWest and Lloyds push regional lending credentials as they look to finance new Labour leader’s devolution agenda

Economy Bloomberg
South Korea Details Plan to Make Won Freely Tradable Abroad

South Korea laid out a detailed plan to make the won freely tradable among foreigners, its boldest step yet to liberalize the foreign-exchange market.

Economy Bloomberg
Venezuela’s Official Earthquake Death Toll Rises to 5,119

The official death toll from the twin earthquakes that struck Venezuela last month rose to 5,119, according to National Assembly head Jorge Rodríguez.

Economy Bloomberg
Korea’s AI-Heavy Market Now Sets the Tone for Global Stocks

For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks.

Economy Financial Times
Burnham scraps new digital ID scheme

Incoming prime minister says money saved will go towards tackling cost-of-living crisis

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