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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Slightly hotter than expected PCE inflation keeps Fed’s September rate rise in …

Headline PCE inflation rates did not follow CPI lower in July as had been expected

Economy Financial Times
Mark Walter’s group insists there is no ‘fire sale’ and ‘no fraud’

TWG Global hits out at ‘multipronged attacks’ on investment empire, which has stakes in high-profile sports teams

Economy Financial Times
Meta to pay up to $16.7bn to settle children’s social media harm …

Case relating to alleged failures of child protection was getting under way in California

Economy Financial Times
Iranian tankers gather off Sri Lankan coast

Cut off from home ports by the US blockade, ships seek shelter close to Sri Lanka’s territorial waters

Economy Financial Times
Britain needs a new way to pay for healthcare

Introducing co-payment will make us more like our rich-world peers and put us on a sustainable footing

Economy Financial Times
UK household energy bills to hit three-year high from October

Middle East war pushes price cap up 4% to £1,723 a year

Economy Financial Times
Liquidators can pursue PwC globally over Chinese property giant’s collapse, court rules

Hong Kong decision has potential to threaten Big Four firms’ partnership network model

Economy Financial Times
Hyundai bets on US hybrid boom to take on Toyota

World’s third-largest carmaker to release dozens of new and updated models by 2030

Economy Financial Times
South Korea challenges China on Arctic trade route

Seoul hopes polar sea highway will reduce reliance on chokepoints such as Hormuz and revive ailing city of Busan

Economy Financial Times
Trump-backed candidate wins South Carolina primary

Darline Graham’s victory reinforces US president’s hold on the Republican Party ahead of November’s midterm elections

Economy Financial Times
Deloitte to pay US administration $21.5mn to settle ‘discriminatory’ practices probe

Firm one of several professional services businesses targeted by the American Alliance for Equal Rights

Economy Financial Times
US audit regulator scraps investor advocate role as Trump-era revamp accelerates

Public Company Accounting Oversight Board scraps office set-up under Biden administration to represent shareholders

Economy Financial Times
FirstFT: China warns US it could retaliate over Iran sanctions

Also in this newsletter: Nvidia employee charged in Taiwan with smuggling chips into China and Canada announces $20bn retaliatory tariffs

Economy Financial Times
Foot Locker owner plunges after warning nervous consumers are cutting spending

Dick’s Sporting Goods shares slide after telling analysts that shoppers are cautious ‘due to the geopolitical environment’

Economy Financial Times
SpaceX commits $100bn to Louisiana space base

Elon Musk’s rocket conglomerate plans its second launch complex to support more Starship launches

Economy Financial Times
Iran and Oman edge towards deal on Strait of Hormuz

Interim proposal on managing shipping is first hint of diplomatic progress to reopen the strategic waterway in weeks

Economy Financial Times
AI to fuel global growth as investment spreads beyond US, IMF says

Managing director Kristalina Georgieva expects world economy to weather energy crisis ignited by Iran war

Economy Financial Times
European LNG prices surge to highest level since 2023

Continent’s gas inventories were already low before Iran war disrupted shipments

Economy Financial Times
Imran Khan may not survive Pakistan prison, son says

Concerns grow over former PM’s health in conditions his lawyer calls ‘beyond deplorable’

Economy Financial Times
Canada announces $20bn retaliatory tariffs as US trade war escalates

Hundreds of US goods will face increased levies from September 8

Economy Financial Times
The drip-drip US debt crisis

Rising deficits and debt-servicing costs no longer seem to have the power to restore prudence

Economy Financial Times
Sizewell C nuclear project suffers setback after contractor dropped

Galliford Try replaced after failing to agree cost of building key access roads

Economy Financial Times
‘Embarrassing’: US officials recoil from Trump’s Canada attacks

Deepening trade war between two long-term allies descends into insults and recrimination

Economy Financial Times
Scott Bessent threatens Iran’s economic partners with more sanctions

US Treasury secretary had billed announcement as ‘D-Day’ for Tehran but stopped short of sweeping action

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