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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Magyar pushes for breakthrough to secure frozen EU funds

Also in this newsletter: US tech group IBM steps up lobbying efforts

Economy Financial Times
KPMG Australia’s CEO resigns after whistleblower claims

Big Four firm says its investigations into allegations of data misuse lacked rigour

Economy Financial Times
Blue Origin rocket explodes on launch pad during test

Failure comes days before planned launch of internet satellites for Amazon

Economy Financial Times
The Asian currency trading at ‘crisis’ levels despite an AI chip bonanza

AI is driving a record trade surplus yet Seoul still has one of Asia’s worst-performing currencies

Economy Financial Times
Zomato founder Deepinder Goyal: We have a better shot than Amazon at …

Pain is inevitable but suffering optional for Zomato co-founder

Economy Financial Times
Israel attacks Beirut in new wave of bombing

Strike on capital’s southern suburbs comes day before two countries due to hold ‘security talks’ in Washington

Economy Financial Times
Netanyahu orders Israeli forces to take control of 70% of Gaza

Prime minister says Israel is ‘squeezing Hamas’ in the enclave at the same time as escalating attacks in southern Lebanon

Economy Financial Times
Musk’s tweet undermines SpaceX’s claims about Anthropic data centre deal

Billionaire says the arrangement, described in IPO filings as a three-year agreement, only lasts for 180 days

Economy Financial Times
Chevron CEO warns oil prices to jump over summer as supplies dwindle

Blockade in Strait of Hormuz has removed up to 13mn barrels a day from global markets and drawn down ‘shock absorbers’

Economy Financial Times
Meloni spars with defence minister over EU rearmament loans

Italian PM threatens to reject bloc’s funding unless Brussels shows more leniency on energy crisis

Economy Financial Times
EU to broaden import quotas and tariffs against China

Trade defences needed to combat ‘existential’ threat to key sectors, industry commissioner Stéphane Séjourné says

Economy Financial Times
US core PCE inflation continues to rise

Higher inflation in April is due to energy, tariffs and AI-related spending

Economy Financial Times
Ministers must make fresh push for welfare reform says UK government adviser

Number of young Britons out of work or training climbs above 1mn

Economy Financial Times
Billionaire Tilman Fertitta to buy Caesars Entertainment in $17.6bn deal

All-cash takeover will be one of the biggest gaming deals in years

Economy Financial Times
Why Democrats are feeling optimistic in the US Senate race in Texas

Also in today’s newsletter, how historically low tax refund numbers are adding more financial pressure for US consumers

Economy Financial Times
Submit your questions: How to revive the UK economy?

Take part in a live Ask an Expert Q&A with economics leader writer Tej Parikh and economics commentator Chris Giles today from 1pm to 2pm …

Economy Financial Times
FirstFT: Democrats’ hopes for victory in Texas rise after Paxton’s win

Also in today’s newsletter: US hits Iran with fresh strikes while Kirkland & Ellis develops its own AI platform

Economy Financial Times
Wes Streeting’s uphill challenge to stop Andy Burnham

Former health secretary must prove his offer is distinctive — and that it is worth having a proper leadership race

Economy Financial Times
US and Iran exchange fire amid increasingly strained truce

Official says American forces shot down Iranian drones in move that prompted retaliation from Tehran

Economy Financial Times
Payments group accused of being ‘Chinese backdoor’ moves staff out of China

Australia-founded Airwallex is pursuing US expansion amid intensifying rivalry between Washington and Beijing

Economy Financial Times
Semiconductors: supercycle or superbubble?

Plus, semis’ fragile supply chain

Economy Financial Times
Australia sues Post-it maker 3M over ‘forever chemicals’

The $1.4bn case against the US company is largest filed by Canberra

Economy Financial Times
India’s Modi drops eviction bombshell on colonial-era elite club

113-year-old Delhi Gymkhana Club ordered to vacate premises as prime minister targets establishment bastion

Economy Financial Times
Nvidia chief Jensen Huang to join board at prestigious Beijing university

Chipmaker boss’s move to join Tim Cook-chaired board underlines push to maintain ties with China

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