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World News Feed

Latest news from trusted sources around the world

Economy Bloomberg
Shell Profit Surges to $9.8 Billion on Oil Trading and Refining Gains

Shell Plc said second-quarter profit soared to the highest since the outbreak of the Ukraine war as conflict in the Middle East fuels a boom …

Economy Bloomberg
Australia, NZ Seen Switching to Next-Day Settlement by 2030

New Zealand and Australia are expected to join a global transition to next-day settlement of stock transactions within five years, once key clearing and settlement …

Economy Bloomberg
Eastspring's Wong on Opportunities Amid AI Volatility

Ken Wong, Asian Equity Portfolio Specialist at Eastspring Investments, breaks down where investors can find opportunities amid an on-and-off selloff in AI-related equities, pointing to …

Economy Bloomberg
Japan’s Two-Year Bond Sale Demand Weaker Than 12-Month Average

Japan’s two-year government bond auction Thursday saw lower demand than the 12-month average amid growing expectations of central bank tightening.

Economy Bloomberg
Chubu and Tokyo Electric Slide as High Fuel Costs Curb Profits

Chubu Electric Co. and Tokyo Electric Power Co. shares fell after the Japanese utilities said their quarterly earnings were impacted by surging fuel costs, which …

Economy Financial Times
Winner of US-China AI rivalry falls 9% in Hong Kong debut

Shandong-based Innolight supplies data centre equipment to American and Chinese tech groups

Economy Financial Times
Investors warn BoJ faces test to inflation-fighting credibility

Friday’s meeting on interest rates will be closely watched for signs of future policy decisions

Economy Bloomberg
Bradesco (BBD) Approves $2 Billion Capital Increase for Digital Push

Banco Bradesco SA said its top investors plan to support a capital raise of as much as 10 billion reais ($2 billion) to help finance …

Economy Financial Times
Falling stocks, a tumbling currency and now Bank Indonesia’s governor resigns

Abrupt departure of technocrat at volatile time stokes concerns about policy unpredictability

Economy Bloomberg
Gold Holds Modest Gain After Federal Reserve Keeps Rates Steady

Gold held a modest gain, after the US Federal Reserve kept interest rates unchanged despite rising inflationary risks from the escalating war in the Middle …

Economy Bloomberg
Chip Stocks Post Biggest Advance Since April 2025: Markets Wrap

A rebound in giant chipmakers lifted stocks as dip buyers emerged on speculation that the artificial-intelligence trade that has powered the bull market has more …

Economy Bloomberg
Goldman-Backed Biotech Attovia Seeks $212.5 Million in US IPO

Attovia Therapeutics Inc., an early-stage drug developer focused on immune-mediated diseases with high unmet need, is seeking to raise as much as $212.5 million in …

Economy Bloomberg
NZ Markets Watchdog CEO on Leave as Workplace Culture Reviewed

New Zealand’s financial markets watchdog has appointed an interim chief executive after Samantha Barrass went on leave following revelations of “cultural concerns” in the workplace.

Economy Bloomberg
From Food to Football: How Clouse Came to the Commanders

Washington Commanders President Mark Clouse talks about why he left the Campbell's Company as CEO to take this job. He speaks to Bloomberg's Randall Williams …

Economy Bloomberg
Can We Trust Election Prediction Markets?

Leading prediction markets have been heralded as “truth machines” — arenas for mass betting that reveal what people really think when they’ve got money on …

Economy Financial Times
Meta tumbles 6% as sales forecast and profits disappoint

Mark Zuckerberg under pressure over huge AI spending

Economy Financial Times
Qualcomm posts shrinking sales and profits as rising costs hit smartphone market

Net income fell 25% as higher memory chip prices hurt device business

Economy Financial Times
Oil prices surge after Trump says Iran will ‘get a beating’ for …

Washington says Tehran launched an attempted ‘surprise attack’ on US military installations in the Middle East

Economy Bloomberg
The US Is Making the Most Fuel Since Pre-Covid. It’s Not Enough.

US refiners are turning crude oil into products like gasoline and diesel at a pace not seen since before the Covid-19 pandemic, but even that …

Economy Financial Times
Wildfire evacuations hurt France’s oyster capital

About half of shellfish farms in Cap Ferret affected, according to industry officials

Economy Financial Times
The pathway to prosperity is getting harder for developing countries

The rules-based global market in which rich nations tolerate trade surpluses does not exist any more

Economy Financial Times
Elon Musk settles long-running legal battle with X advertising group

Billionaire had accused brands of organising an illegal boycott

Economy Bloomberg
US Consumers Continue to Grow More Cautious

US consumer confidence fell in July as Americans’ views about current business conditions and the labor market deteriorated. Elevated gasoline and food prices likely weighed …

Economy Bloomberg
Fed Watchers Gird for a Lesson in Reading Warsh

The 100-plus forecasters in the Bloomberg survey for Wednesday’s Federal Reserve interest-rate decision are almost entirely united: policymakers will stand pat. But that near-unanimity masks …

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