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Latest news from trusted sources around the world

Economy Bloomberg
Saudi Arabia-Bound Supertanker U-Turns Before Houthi Chokepoint

A Hong Kong-flagged supertanker bound for Saudi Arabia’s Red Sea port of Yanbu has U-turned just before reaching the Bab el-Mandeb chokepoint, where recent attacks …

Economy Bloomberg
Over 250,000 People Flee Wildfires Ravaging France and Spain

More than 250,000 people fled towns and villages in Spain and France as uncontrolled wildfires moved ever closer to Madrid and Bordeaux, metropolitan areas that …

Economy Bloomberg
Europe’s Stock Market Rally Is the Most Concentrated in Years

The European equity market has long been seen as immune to shocks driven by only a handful of stocks. A narrow rally in 2026 has …

Economy Bloomberg
Indonesia Arrests Former Top Graft Prosecutor After Police Raids

Indonesia’s former top graft prosecutor was arrested on suspicion of money laundering, weeks after police raids uncovered $26 million worth of gold bars and cash …

Economy Bloomberg
Modi Sidesteps Exam Leaks in Video as India Protests Spread

Indian Prime Minister Narendra Modi repeatedly thanked the nation’s youth in a video message Friday night, offering no indication he would meet their key demand …

Economy Bloomberg
India Flags Attack on LPG Tanker in Iran Waters, Says Crew Safe

India’s embassy in Tehran said it is in close contact with authorities after a liquefied petroleum gas tanker, with 28 Indian crew members onboard, came …

Economy Bloomberg
Japan’s Seven & i Abandons Investment Talks With Poland’s Zabka

Japan’s Seven & i Holdings Co. has ended talks over a potential investment in Zabka Group SA, Poland’s largest convenience store operator, even as it …

Economy Bloomberg
El Niño Worsens Plight of Asia’s Rice Belt After War Price Shock

A dry spell is sweeping across Asia’s rice fields, dealing another blow to farmers grappling with steep fuel and fertilizer prices triggered by the war …

Economy Bloomberg
Vitol Paid Out $5.9 Billion to Traders as Profit Halved in 2025

Commodity trading giant Vitol Group paid out $5.9 billion to its executives and senior staff through share buybacks last year, even as its profits more …

Economy Bloomberg
Oil Prices Volatile as Supply Disruptions Hit Four Global Fronts

Brent futures surged past $100 a barrel as the conflict in the Middle East widens and Ukraine strikes Russian infrastructure.

Economy Bloomberg
Wall Street Bulls Are Staring Down $100 Oil, Tariffs, AI Angst

Every bull market has a recurring cast of villains. Oil shocks. Inflation. Rising bond yields. Trade wars. This week, investors had to contend with all …

Economy Bloomberg
US Cattle Herd Grows Slightly in Potential Sign of Rebuilding

The US cattle herd grew modestly from the prior year, in a signal that ranchers may be starting to retain more animals following a historic …

Economy Bloomberg
The Real Reason Behind the Private Credit-Insurance Nexus

Private gains and public losses.

Economy Bloomberg
PE-Backed Robotics Firm Brooks Automation Said to Weigh IPO

Brooks Automation, a robotics and software automation company backed by Thomas H. Lee Partners, is considering an initial public offering, according to people familiar with …

Economy Bloomberg
Trump’s Saudi Deal Spurs Watchdog Interest in Nuclear Settlement

Donald Trump’s plans for a nuclear deal with Saudi Arabia are bringing tensions between US and South Korean reactor developers to the fore, surfacing details …

Economy Bloomberg
Miner Cadillac, Backers Raise C$385 Million in Canada IPO

Cadillac Mines Corp. and some of its backers raised C$385 million ($273 million) in an upsized initial public offering, adding to the mining-driven rebound of …

Economy Bloomberg
BlackRock Gets Soft Demand for Bond Sale After AI Debt Selloff

BlackRock Inc. has seen weaker-than-usual demand for a corporate bond sale tied to a Meta Platforms Inc. data center project in Texas, as investors grapple …

Economy Bloomberg
Nasdaq 100 Tumbles as Oil Spike, AI Jitters Hit Tech Stocks

The Nasdaq 100 Index tumbled Friday, capping its first back-to-back weekly loss since late March as it was dragged down by the oil-price spike and …

Economy Bloomberg
Dollar Wraps Its Best Week in a Month as Haven Demand Rises

The dollar finished its best week in a month as investors returned to the traditional haven amid heightened geopolitical tensions.

Economy Bloomberg
BofA’s Raedler Says Investors Are Ignoring Stock-Market Risks

Stock markets are pricing in a scenario where everything goes right, leaving investors uncompensated for mounting risks, according to Sebastian Raedler, head of European equity …

Economy Bloomberg
Tanker Exits Red Sea Dark as China Ship Heads Toward Strait

A Greek tanker carrying Saudi crude exited the Red Sea with its transponder off, while another Chinese vessel and Russian cargoes headed toward the Bab …

Economy Bloomberg
Global Bonds Are Reeling as Oil Surge Rekindles Inflation Threat

Global bonds were pummeled this week by the latest resurgence in energy prices, delivering losses to investors who bet the worst of this year’s rout …

Economy Bloomberg
Korean Stocks Sink as Chipmakers Drop on Middle East, China IPO

South Korean stocks fell as funds cut exposure to chipmakers after overnight losses in US peers, while factoring in a Chinese rival’s imminent share sale …

Economy Bloomberg
Metals Fluctuate as Middle East Escalation Keep Bulls in Check

Base metals fluctuated at the end of the week as the threat of an escalating conflict in the Middle East — and more turbulence for …

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