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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Google outpaces rivals as Big Tech’s AI spending plans rise to $725bn

Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft

Economy Financial Times
The energy crisis is no excuse for bad subsidies

We know what worked and what failed the last time around

Economy Financial Times
Oil erases gains after surging to $126 on supply fears

Brent crude hit new conflict high as blockade of Strait of Hormuz continues

Economy Financial Times
What to expect in the May local elections

Our guide to how results will unfold on the night

Economy Financial Times
Bondi shooting inquiry warns Iran conflict raises risk of antisemitic attacks

Interim report into Australia’s beach massacre calls for review of counterterrorism

Economy Financial Times
DCC rejects £5bn takeover bid from KKR and Energy Capital

FTSE 100 energy group says bid ‘fundamentally undervalues’ its business

Economy Financial Times
Shipbuilding feels pinch from war-driven paint and lubricant shortage

Supply bottlenecks mark the widening fallout from Iran conflict and its disruption on Middle East oil supplies

Economy Financial Times
Tech results as it happened: Google, Meta and Microsoft boost AI spending …

Facebook owner’s stock drops 6.5% while Alphabet, Microsoft and Amazon report strong cloud computing growth

Economy Financial Times
US indicts Mexican governor on drug charges

Sinaloa governor Rubén Rocha alleged to have close links with deadly cartel

Economy Financial Times
Musk says he was ‘a fool’ to fund the launch of OpenAI

Billionaire says Sam Altman wanted ‘halo effect’ of a non-profit while enriching himself in second day of his testimony

Economy Financial Times
Bill Ackman’s Pershing Square IPO slides on Wall Street debut

Weak investor demand hits hedge fund chief’s scaled-back double offering

Economy Financial Times
Trump’s $1mn gold card visa fails to excite the world’s wealthy

US government filing shows only 338 people have submitted formal requests for the fast-track residency scheme

Economy Financial Times
Jay Powell vows to remain on Fed board as he warns over …

Central bank chief says he will continue as a governor even after Kevin Warsh succeeds him as chair

Economy Financial Times
Fed chair nominee Kevin Warsh secures Senate committee approval

Banking panel votes in favour of Donald Trump’s candidate to lead US central bank

Economy Financial Times
Wild Scottish salmon catch drops by 40% in one year

New data highlights ‘extremely concerning’ decline in fish population

Economy Financial Times
Starmer arson suspects ‘recruited’ on Telegram by Russian speaker, court hears

Three Ukrainian-born men accused of setting fire to car and properties linked to PM were approached by user known as El Money

Economy Financial Times
Uber adds hotel booking with Expedia in ‘super app’ push

CEO Dara Khosrowshahi says deal will help the ride-hailing group sell paid memberships

Economy Financial Times
Lululemon founder casts doubt on new chief as proxy fight escalates

Chip Wilson argues appointing Heidi O’Neill to top job could lead CEO search to be ‘examined with a refreshed board’

Economy Financial Times
FirstFT: A Citi hire that raises questions

Also in today’s newsletter: prosecutors charge former FBI director and ‘the beginning of the end of Opec’

Economy Financial Times
Putin pares back Victory Day parade over fear of Ukrainian strikes

Festivities in Moscow on May 9 will exclude heavy military equipment for first time in decades

Economy Financial Times
UK ministers gain power to force pension funds to invest in British …

Government outlines safeguards to resolve a stand-off with peers over legislation

Economy Financial Times
Chinese wind turbine maker accuses UK of ‘politicisation’ over product ban

Ming Yang warns setback will not stop company’s expansion plans in Europe

Economy Financial Times
Why the Mandelson scandal matters

Who the prime minister appoints to key roles is ultimately a test of their judgment

Economy Financial Times
Emerging market stocks hit record high as Asian chipmakers surge

Rally for TSMC, Samsung and SK Hynix powers EM stock index’s rebound from Iran war losses

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