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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Oil supply crunch intensifies as last Hormuz tankers reach refineries

Final prewar cargoes to leave Gulf set to unload in coming days, escalating a global rush to secure barrels

Economy Financial Times
Trump nominates Pimco executive to lead US Treasury’s international affairs

Bond giant’s head of asset allocation tapped to conduct negotiations with organisations such as the G7

Economy Financial Times
Starmer accused of ‘corrosive complacency’ on UK defence by former Nato chief

Lord George Robertson, author of British military review, says premier is not willing to make the necessary investment

Economy Financial Times
Wall Street watchdog says private credit is ‘not a systemic risk’

SEC chief Paul Atkins dismisses concerns about adding unlisted assets to retail portfolios

Economy Financial Times
Goldman bond traders take shine off bumper quarter

Equities unit powers bank’s earnings, while fixed income, currencies and commodities business fall well short

Economy Financial Times
Files proving legitimate expenses ‘disappeared’, ex-Opec chief tells court

Diezani Alison-Madueke denies seeking or taking bribes as minister in Nigerian government

Economy Financial Times
US judge dismisses Trump lawsuit against Wall Street Journal

Ruling finds newspaper did not act with malice in report over letter in birthday book for Jeffrey Epstein

Economy Financial Times
Europe’s far right questions merits of Trump ties after Orbán defeat

Alternative for Germany quarrels about Maga after Hungarian election fiasco

Economy Financial Times
Opec production falls more than a quarter as Iran war hits oil …

Output dropped by biggest volume on record in March with closure of Strait of Hormuz hitting producers around the Gulf

Economy Financial Times
EU ties €35bn fund release to Hungary’s break with Orbán era

Brussels has linked unfreezing of funds to 27 conditions it expects Péter Magyar to deliver on

Economy Financial Times
FirstFT: Oil price surges ahead of Strait of Hormuz blockade

Also in today’s newsletter: Viktor Orbán suffers crushing defeat and Meta develops AI version of Mark Zuckerberg

Economy Financial Times
Oil prices soar above $100 a barrel as hope fades of end …

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Economy Financial Times
Starmer defends fast-tracking EU rules into UK law

Prime minister says mechanism would help cut business costs and bring down prices

Economy Financial Times
Hungarian elections offer lessons for UK’s Labour

Politicians shouldn’t forget they’re ultimately in the consumer services industry

Economy Financial Times
Von der Leyen aide to lead powerful EU competition directorate

Anthony Whelan appointment signals European Commission’s willingness to use antitrust powers to help businesses scale up

Economy Financial Times
Trump lashes out at Pope Leo for criticism of Iran war

The head of the Catholic Church has emerged as a leading voice of opposition against US foreign policy

Economy Financial Times
We are stuck in a currency doom loop

Without the dollar, bad situations could be made even worse

Economy Financial Times
UK government urges companies to work with it on protecting undersea cables

Defence secretary gathers business leaders to discuss ‘rising threats’ to critical submarine infrastructure

Economy Financial Times
Five UK water companies spent more than £32mn on appeal to raise …

Utilities argued for additional increases to attract investors and avoid breaching licence conditions

Economy Financial Times
Luxury retailer Mytheresa has sights on Middle East growth despite conflict

New CEO wants to increase investment given concentration of wealthy potential clients in the Gulf

Economy Financial Times
Who lost the UK bond market?

The volatility of gilts is a big problem for the country and must be tackled

Economy Financial Times
Trump announces naval blockade of Strait of Hormuz as Iran peace talks …

Reopening the waterway is a sticking point in negotiations as oil supply bottlenecks fuel a global energy crisis

Economy Financial Times
US to begin blockade of Iran’s ports at 10am ET Monday

Oil prices expected to rise as Trump tells US navy to ‘interdict’ ships that pay Iran to pass through strategic chokepoint

Economy Financial Times
Hungary’s Orbán concedes defeat as opposition heads for landslide win

Tisza party led by Péter Magyar projected to win a two-thirds majority in crushing loss for EU’s longest-serving premier

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