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Latest news from trusted sources around the world

Novo and Hims End Feud, Will Sell Obesity Drugs Together
Economy Bloomberg
Novo and Hims End Feud, Will Sell Obesity Drugs Together

Novo Nordisk A/S plans to sell its weight-loss drugs on Hims & Hers Health Inc.’s platform, according to a person familiar with the matter, ending …

When God Appears in Contracts, That’s ‘Force Majeure’
Economy Bloomberg
When God Appears in Contracts, That’s ‘Force Majeure’

The new war in the Middle East has given fresh relevance to the legal term “force majeure.” It’s a clause that can be found buried …

Bezel, Kalshi Bring Luxury Watches to Prediction Markets
Economy Bloomberg
Bezel, Kalshi Bring Luxury Watches to Prediction Markets

Bezel CEO & Co-Founder Quaid Walker discusses their new partnership with Kalshi designed to build contracts tied to watch prices. Walker hopes the partnership will …

Fed's Hammack: There are Two-Sided Risks to Rates
Economy Bloomberg
Fed's Hammack: There are Two-Sided Risks to Rates

Cleveland Fed President Beth Hammack sat down with Michael McKee for an exclusive interview to discuss the two-sided risks with rates, as well as the …

Bessent Says US May ‘Unsanction’ More Russia Oil Post India Move
Economy Bloomberg
Bessent Says US May ‘Unsanction’ More Russia Oil Post India Move

Treasury Secretary Scott Bessent said the US may lift sanctions on further Russian oil supply after a move Thursday to give Indian refiners the green …

US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow
Economy Bloomberg
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow

The Trump administration announced a $20 billion reinsurance program aimed at reviving shipping in the Strait of Hormuz, where traffic has all but stopped amid …

Energy Secretary Wright Calls to Reopen Indian Point Nuclear Plant
Economy Bloomberg
Energy Secretary Wright Calls to Reopen Indian Point Nuclear Plant

The US energy secretary and a congressman are calling to restart a shuttered nuclear plant north of New York City, saying it’s needed to meet …

Putin’s Suggestion to Divert LNG From EU Right Now Faces Hurdles
Economy Bloomberg
Putin’s Suggestion to Divert LNG From EU Right Now Faces Hurdles

When Russian President Vladimir Putin suggested there could be an immediate halt to liquefied natural gas supplies to Europe, he was making the most of …

US Bonds See Worst Week Since April on Inflation Concerns
Economy Bloomberg
US Bonds See Worst Week Since April on Inflation Concerns

Treasuries are heading for their biggest weekly loss since April 2025 as surging oil prices fuel inflation concerns, overshadowing a surprisingly weak US jobs report …

Iran War Spurs Scramble for Energy Export Routes Out of Gulf
Economy Bloomberg
Iran War Spurs Scramble for Energy Export Routes Out of Gulf

The widening conflict in the Middle East is stoking fears over a global energy crunch as exporters scramble for routes out of the region while …

Germany’s Solar Boom Eases Power Costs as Gas Price Jumps
Economy Bloomberg
Germany’s Solar Boom Eases Power Costs as Gas Price Jumps

Germany is seeing unusually strong solar power output in March, helping to cap electricity prices even as the conflict in the Middle East drives up …

BofA’s Hartnett Sees European, Japanese Stocks at Risk From War
Economy Bloomberg
BofA’s Hartnett Sees European, Japanese Stocks at Risk From War

A prolonged Iran war is a risk to the bank-stock powered rallies in Japan and Europe as investors abandon these markets in favor of exposure …

Bonds Slide as War Takes ECB Hike From Fringe to Fully Priced
Economy Bloomberg
Bonds Slide as War Takes ECB Hike From Fringe to Fully Priced

A week ago, anyone betting on a European Central Bank interest-rate hike was staking out a lonely, contrarian position. Now, with the Iran war threatening …

US Gasoline Pump Prices Jump to Highest Level Under Trump
Economy Bloomberg
US Gasoline Pump Prices Jump to Highest Level Under Trump

US gasoline pump prices advanced to the highest level at any time under President Donald Trump, with the conflict in the Middle East disrupting energy …

Gold Stuck in Dubai Is Being Sold at Discount as War Widens
Economy Bloomberg
Gold Stuck in Dubai Is Being Sold at Discount as War Widens

Gold is being offered at a steep discount in Dubai, as the war in the Middle East grounds flights and hampers suppliers’ ability to move …

Etihad Resumes Commercial Flights as Missile Threat Persists
Economy Bloomberg
Etihad Resumes Commercial Flights as Missile Threat Persists

Etihad Airways is preparing to restart flights to around 70 destinations after almost a week of complete shutdown for one of the Middle East’s largest …

Qatar Offers to Lease LNG Ships as Top Exporter Stays Shut
Economy Bloomberg
Qatar Offers to Lease LNG Ships as Top Exporter Stays Shut

Qatar is now offering a total of 10 liquefied natural gas tankers that it controls for lease, as the country’s massive export facility in the …

Millions of Barrels of Russian Oil Are Already Close to India
Economy Bloomberg
Millions of Barrels of Russian Oil Are Already Close to India

More than 15 million barrels of Russian oil are floating within easy reach of India, offering the nation a quick fix to Middle East supply …

How One Ship Navigated Hormuz Amid Iran War
Economy Bloomberg
How One Ship Navigated Hormuz Amid Iran War

As vessels try to ensure safe passage through the Strait of Hormuz this week, one bulk carrier signaled it was Chinese-owned as it transited. The …

Asian Junk Bonds Underperform as Iran War Exposes Oil Dependence
Economy Bloomberg
Asian Junk Bonds Underperform as Iran War Exposes Oil Dependence

Asian high-yield dollar bonds are getting disproportionately hit compared with global peers as the escalating Iran conflict underscores the region’s reliance on imported energy, in …

Rohm Shares Set to Surge on Report Denso Made $8 Billion Offer
Economy Bloomberg
Rohm Shares Set to Surge on Report Denso Made $8 Billion Offer

Rohm Co. shares are set to surge by their daily limit in Tokyo trading Friday after Nikkei reported Denso Corp. has made a takeover approach …

Rate Cut Bets Unravel Across Developing Asia on Oil Surge
Economy Bloomberg
Rate Cut Bets Unravel Across Developing Asia on Oil Surge

Central banks across developing Asia are facing a sudden shift in their policy outlook as traders ramp up bets on an Iran war-driven oil shock, …

Gold Trims Weekly Loss as US Jobs Data Boosts Fed Rate-Cut Bets
Economy Bloomberg
Gold Trims Weekly Loss as US Jobs Data Boosts Fed Rate-Cut Bets

Gold advanced, trimming a weekly loss as traders boosted bets on monetary easing following a weak US jobs report.

US Stock Selloff Shows No Signs of Easing as Iran War Grinds On
Economy Bloomberg
US Stock Selloff Shows No Signs of Easing as Iran War Grinds …

US stocks slid Thursday, rocked by another turbulent session as the escalating conflict in the Middle East raised the prospect of sustained disruptions to energy …

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