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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Taiwan overtakes UK in stock market value on AI chip boom

Crossover comes as chipmaker TSMC reports record first-quarter profit

Economy Financial Times
UK economy beat expectations to grow by 0.5% in February

Data relates to period before Middle East war triggered jump in energy prices

Economy Financial Times
Tesco warns Middle East war clouding outlook

Chief Ken Murphy says situation is ‘very volatile’ as UK’s largest supermarket reports another year of market share gains

Economy Financial Times
China’s first-quarter GDP grows 5%, driven by industrial output

Exports and fiscal stimulus offset a still weak domestic economy

Economy Financial Times
Saudi Arabia’s PIF on verge of cutting support for LIV Golf

Sovereign wealth fund reconsiders backing for lossmaking golf tour as Iran war prompts investment rethink

Economy Financial Times
Thomson Reuters faces growing pressure over US immigration work

Shareholders challenge work for ICE after ex-employee sues legal database provider

Economy Financial Times
China to drive a weight-loss drug price war

The active ingredient semaglutide is starting to lose patent protection and China can produce GLP-1 related treatments at scale

Economy Financial Times
Goldman president warns private credit funds are not marketed properly

John Waldron says vehicles lack ‘clarity that this is really not a liquid product’

Economy Financial Times
Two arrested after London’s second antisemitic arson attack in weeks

Suspects wearing balaclavas threw a brick and bottles believed to contain petrol into Finchley synagogue

Economy Financial Times
S&P 500 hits record high as markets surge back from Iran shock

Investors turn attention to strong Wall Street earnings and bet on swift end to the conflict

Economy Financial Times
Goldman traders wrongfooted as Iran war upended interest rate expectations

Wall Street bank’s rates desk was key driver behind unexpected drop in fixed-income revenue

Economy Financial Times
US jury finds Live Nation monopolised concert ticketing markets

Trial will enter new phase to determine penalties for the company after an earlier settlement avoided its break-up

Economy Financial Times
UK business urges more action on energy bills as ministers set out …

Lobby groups say Iran war shock calls for government support for broad range of companies

Economy Financial Times
Trump warns he could rip up trade deal with UK

Threat comes as tensions rise between Washington and London over Iran war

Economy Financial Times
Rheinmetall wins €300mn drone order from German armed forces

Deal comes after CEO belittles Ukraine drone industry by comparing it to playing with ‘Legos’

Economy Financial Times
Iran is America’s Suez crisis — and just as ridiculous

The parallels with Britain’s disastrous Middle East adventure in the 1950s are impossible to resist

Economy Financial Times
Rate setters face ‘double danger’ from Iran war and tariffs, Fed official …

Chicago Federal Reserve president Austan Goolsbee says public may ‘misinterpret’ price rises as persistent

Economy Financial Times
FirstFT: China shares satellite technology with Iran

Also in today’s newsletter: Trump’s ‘banana republic’ rhetoric and OpenAI’s new cyber security model

Economy Financial Times
UK Treasury refuses to loosen fiscal rules for defence

Government fights off claims of ‘complacency’ from former Nato chief George Robertson

Economy Financial Times
European airports warn new border system causes up to three-hour delays

Operators in 15 countries report disruption as new EU electronic entry/exit system fully comes into force

Economy Financial Times
Grim truths from the Southport killings inquiry

Examining another tragedy may yield lessons for prevention

Economy Financial Times
Hermès shares tumble 10% on weak sales as Iran war hits luxury …

Birkin bag maker falls short of forecasts, capping tough first quarter for sector

Economy Financial Times
Middle East war halves regional car sales at Nissan and Stellantis

Estimates are clearest indication yet of Iran conflict’s impact on automotive sector

Economy Financial Times
Maine becomes first US state to pass data centre construction ban

Closely watched legislation could provide a blueprint for others considering moratoriums

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