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Latest news from trusted sources around the world

US Preparing to Board Iran-Linked Ships in Coming Days, WSJ Says
Economy Bloomberg
US Preparing to Board Iran-Linked Ships in Coming Days, WSJ Says

The US military is preparing to board Iran-linked oil tankers and seize commercial ships in international waters in coming days, the Wall Street Journal reported, …

Iran Claims ‘Strict Control’ of Strait of Hormuz
Economy Bloomberg
Iran Claims ‘Strict Control’ of Strait of Hormuz

Former Deputy Assistant Secretary of State for Iraq and Iran under President Trump, Andrew Peek and Former Acting Principal Deputy Assistant Secretary for the Bureau …

Strait of Hormuz Shut, US Blockade Intensifies, and Gunfire Reported
Economy Bloomberg
Strait of Hormuz Shut, US Blockade Intensifies, and Gunfire Reported

Bloomberg News White House Correspondent Jeff Mason and The Associated Press' International Correspondent Philip Crowther join David Gura and Christina Ruffini on Bloomberg This Weekend …

Why Oil Markets Won’t Recover Quickly From the Iran War
Economy Bloomberg
Why Oil Markets Won’t Recover Quickly From the Iran War

The war in Iran has sent shockwaves through global energy markets, pushing oil and gas prices higher and raising concerns about long-term supply disruptions. IEA …

Major Banks Shake Off Private Credit Fears
Economy Bloomberg
Major Banks Shake Off Private Credit Fears

SaaSpocalypse. Credit defaults. The war in Iran. A lot of worries are hitting the $1.8 trillion private credit market at the same time, setting off …

ECB Moves Away From April Hike as Peace Talks Progress
Economy Bloomberg
ECB Moves Away From April Hike as Peace Talks Progress

European Central Bank officials are leaving Washington ever so slightly more optimistic than when they arrived, as ongoing US-Iran peace talks raise the prospect of …

Federal Agency Probes Suspicious Oil Trades Made Before Trump Pivots
Economy Bloomberg
Federal Agency Probes Suspicious Oil Trades Made Before Trump Pivots

The top US derivatives regulator is investigating a series of suspiciously well-timed trades in the oil futures market ahead of recent policy pivots by President …

Peace Deal Uncertain as Iran Says Strait of Hormuz is Shut
Economy Bloomberg
Peace Deal Uncertain as Iran Says Strait of Hormuz is Shut

International Maritime Organization Secretary General Arsenio Dominguez joins David Gura and Christina Ruffini on Bloomberg This Weekend as Iran reimposed restrictions on vessel traffic through …

Nigeria Expands Stocks Trading Hours After Frontier Index Return
Economy Bloomberg
Nigeria Expands Stocks Trading Hours After Frontier Index Return

Nigerian Exchange Group is expanding equities trading hours after index provider FTSE Russell said it would allow the country’s equities to return to its frontier-markets …

Strong Earnings Results Can’t Save Stocks from Dimming Forecasts
Economy Bloomberg
Strong Earnings Results Can’t Save Stocks from Dimming Forecasts

Stocks are surging to new highs on the prospects of peace in the Middle East and what has so far been robust first quarter earnings …

Hormuz Chaos, Lebanon Clashes Dent Trump Peace Deal Hopes
Economy Bloomberg
Hormuz Chaos, Lebanon Clashes Dent Trump Peace Deal Hopes

Iran on Saturday reimposed restrictions on vessel traffic through the Strait of Hormuz and Israel attacked targets in Lebanon, undermining expectations of an imminent peace …

India’s HDFC Bank Beats Estimates on Strong Loan Growth
Economy Bloomberg
India’s HDFC Bank Beats Estimates on Strong Loan Growth

HDFC Bank Ltd., India’s largest private sector lender that faced a setback following the abrupt exit of its chairman last month, reported better-than-expected results on …

Alex Imas on Why Economists Might Be Getting AI Wrong
Economy Bloomberg
Alex Imas on Why Economists Might Be Getting AI Wrong

Maybe it really is a threat to work.

Economy Bloomberg
Odd Lots: Why Economists Might Be Getting AI Wrong (Podcast)

Everyone knows that new technologies can be really disruptive to the labor market, but eventually new jobs emerge and things come back into balance. And …

Lufthansa 100th Birthday Bash Leaves Little Room for Cheers
Economy Bloomberg
Lufthansa 100th Birthday Bash Leaves Little Room for Cheers

Deutsche Lufthansa AG’s 100th anniversary bash this week had all the elements of a picture-perfect party. The sun was out, flight attendants in polished vintage …

Tankers Test Hormuz Reopening as Uncertainty Lingers Over Strait
Economy Bloomberg
Tankers Test Hormuz Reopening as Uncertainty Lingers Over Strait

More crude oil and gas carriers have begun to test the Strait of Hormuz on Saturday, even as mixed messages from Iranian authorities leave shipowners …

Blaze Quelled at Russian Baltic Port After Ukrainian Strike
Economy Bloomberg
Blaze Quelled at Russian Baltic Port After Ukrainian Strike

Russia said an overnight fire was extinguished at a port in the Vysotsk region on the Baltic Sea after Ukrainian drone attacks, while a Kremlin …

Australian Minister Says Fuel Reserves Up, More Shipments on Way
Economy Bloomberg
Australian Minister Says Fuel Reserves Up, More Shipments on Way

Australia’s fuel reserves rose in the past week and more is on the way, Energy Minister Chris Bowen said, easing concern of shortages in the …

Fermi Shares Plunge After Announcing Departure of CEO
Economy Bloomberg
Fermi Shares Plunge After Announcing Departure of CEO

Fermi shares fell as much as 31% in post-market trading after the developer behind a massive planned AI campus in Texas announced the immediate departure …

Wall Street Week | Paulson on Iran War, Energy Market Disruptions, Copper Supply Strain, Tax Debate
Economy Bloomberg
Wall Street Week | Paulson on Iran War, Energy Market Disruptions, Copper …

This week, Former Treasury Secretary Hank Paulson warns the biggest economic risk from the Iran war may come from global shocks spilling into US markets. …

Live Nation Inks $742 Million of Private Debt Tied to Venues
Economy Bloomberg
Live Nation Inks $742 Million of Private Debt Tied to Venues

Live Nation Entertainment Inc. has borrowed about €630 million ($742 million) in the private debt market to help finance its global investment in concert venues, …

Blackstone-Backed Ad Tech Firm Liftoff Mobile Refiles for US IPO
Economy Bloomberg
Blackstone-Backed Ad Tech Firm Liftoff Mobile Refiles for US IPO

Liftoff Mobile Inc. filed again for an initial public offering just two months after withdrawing a previous registration.

Biotech Odyssey, Medical Device Firm Mobia File for US IPOs
Economy Bloomberg
Biotech Odyssey, Medical Device Firm Mobia File for US IPOs

Healthcare companies are lining up to go public with a drug developer and medical device company joining a pool of peers seeking to advance public …

Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open
Economy Bloomberg
Oil Tankers Make Dash Toward Hormuz as Iran Says Strait Is Open

Iran says the Strait of Hormuz is open — and oil tankers are racing through it. Norah Mulinda explains how markets reacted to the news …

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