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World News Feed

Latest news from trusted sources around the world

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

Economy Financial Times
Opec without the UAE

Plus, gilts hit rough water

Economy Financial Times
King Charles subtly rebukes Trump despite show of unity

Flattery and pomp of the occasion fail to conceal the strained relationship

Economy Financial Times
Powerful Indian female leader prepares for Modi showdown

West Bengal election centres on ‘fearless’ chief minister Mamata Banerjee, analysts say, as millions culled from voter rolls

Economy Financial Times
Purdue Pharma to pay more than $8bn to end US opioid case

Resolution will allow billions of dollars to flow to US cities and states that have been hit by the epidemic

Economy Financial Times
Lift maker Kone close to finalising €29bn deal to buy TK Elevator

Transaction would mark a successful sale of German company by private equity firms Advent and Cinven

Economy Financial Times
Musk claims Altman ‘stole a charity’ in OpenAI trial testimony

Billionaire said it is ‘dangerous’ to have someone who is ‘not trustworthy in charge of AI’

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