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Latest news from trusted sources around the world

Economy Bloomberg
India Restores Old Derivatives Settlement on Auction Chaos

India’s markets regulator restored a method that relies on the final 30 minutes of trading to settle derivatives on expiry days, after the new closing …

Economy Bloomberg
Dangote Pushes African Market Access for IPO With Egypt Visit

Aliko Dangote is pushing the expansion of capital markets as Africa’s richest man readies to offer global depository receipts in Egypt.

Economy Bloomberg
France’s Bond Turmoil Leaves Repo Funding Unscathed for Now

The shock from turmoil in French debt has yet to show up in the country’s market for short-term funding, signaling a broad credit crisis is …

Economy Bloomberg
Ukraine to Resume Russia Refinery Strikes, Defying Trump

Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume, ending a three-day pause on strikes in response to US President Donald …

Economy Bloomberg
Europe’s Leaders Lack Tools to Ease War-Driven Energy Shock

European Union leaders are searching for ways to ease soaring energy prices, but President Donald Trump’s war against Iran has left them with few affordable …

Economy Bloomberg
Introducing: Disclosure Season 2

Disclosure, the podcast dedicated to revealing the government’s inner workings, is back for Season 2 in audio and video. By law, nearly every move federal …

Economy Bloomberg
Iron Ore Trades Below $90 a Ton for First Time Since 2024

Iron ore futures in Singapore slipped to a two-year low under $90 a ton, extending a retreat fueled by soft demand in China and too …

Economy Bloomberg
Taiwan Dollar, Won Slump as Chip Stock Selloff Hurts Sentiment

The Taiwan dollar and South Korean won led losses among Asian currencies in early trading as an overnight slump in Wall Street semiconductor shares spilled …

Economy Bloomberg
Treasury Haven Trade Bounces Back as Stocks Sink, Yields Entice

US Treasuries led a global bond rally as a selloff in equities deepened risk aversion and spurred demand for haven assets.

Economy Bloomberg
Kospi Drops 8% as Samsung, SK Hynix Shares Plunge on AI and …

A global selloff in semiconductor stocks dragged South Korea’s equity benchmark down 8% on Thursday, underscoring the scale of an investor exodus from the frothiest …

Economy Bloomberg
S&P 500 Bounces as Chip Drop Spurs Stock Rotation: Markets Wrap

Wall Street traders drove a rotation out of high-profile chipmakers and into a broader category of stocks while fueling a push toward the safety of …

Economy Bloomberg
Canadian Lender Cash Today Inc. Under Scrutiny as 44,000 Loans Vanish

A Canadian consumer lender has left creditors with potential claims of more than C$613 million ($430 million), while a court-appointed receiver struggles to account for …

Economy Bloomberg
Why Inflation Numbers Are Disappointing

While inflation numbers might not be disastrous, they’re still disappointing and moving in the wrong direction. Bloomberg Opinion columnist John Authers explains where this leaves …

Economy Bloomberg
BlackRock, Pimco, Sona Tap Counsel Over Virgin Media O2 Deal

Some of Virgin Media O2’s biggest creditors are getting legal advice from Milbank LLP after a UK regulator flagged concerns over a deal that would …

Economy Bloomberg
Container Ship Sinks in Strait of Hormuz as Attacks Ramp Up

A cargo ship sank in the Strait of Hormuz after a strike that sparked a fire and the evacuation of crew members, the Maritime and …

Economy Bloomberg
Bitcoin Slides as Wall Street Risk Pullback Tests Bullish Turn

Bitcoin fell as much as 2.3% toward the lower end of its recent trading range, caught in a broader retreat from risk assets even as …

Economy Bloomberg
Woman Pleads Guilty to Trying to Scam Wes Edens

A woman pleaded guilty to fraud in connection with a plot to extort Fortress Investment Group co-founder Wes Edens out of more than $1.2 billion …

Economy Bloomberg
CoreWeave Bonds Tumble Into Distress, Drawing ‘Yikes’ From Musk

CoreWeave Inc.’s bonds have plunged to levels that typically indicate distress, in a swift move that has caught the attention of Silicon Valley leaders including …

Economy Bloomberg
UAE Oil Production Surged to Records in September, IEA Says

Oil output from the United Arab Emirates climbed to record levels last month, the International Energy Agency said, underscoring its resilience during the Iran war …

Economy Bloomberg
Hot Inflation Lifts Fed Rate-Hike Bets

US Treasuries slumped after hotter-than-expected inflation prompted traders to add to wagers that Federal Reserve officials will raise interest rates later this month and next …

Economy Bloomberg
Mauritius Extends Curfew for Second Night After Unrest

The government of Mauritius will impose a curfew for a second night across the island’s main population centers after the worst unrest since 1999.

Economy Bloomberg
Phosphate Giant Seeks Foreign Investors as War Hits Finances

Morocco’s phosphate giant OCP SA is looking to attract foreign investors for some of its businesses, as supply disruptions caused by the Iran war hit …

Economy Bloomberg
How Will the World Meet Rising Power Demand?

Kirsty Gogan, Co-Founder & Co-CEO, Terra Praxis and Managing Partner, LucidCatalyst; Raj Rao, President & Chief Operating Officer, Global Infrastructure Partners; and Andreas Schierenbeck, CEO, …

Economy Bloomberg
Two Power Bills Show Growing US Electricity Price Divide

The two neighbors weather the same storms, heat waves and cold snaps and live so close that each could probably spot the other’s house if …

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