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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
China’s Xi pursues AI diplomacy to woo global south

Beijing makes most ambitious offer yet to build alternative global order

Economy Financial Times
Dangote secures record $2.5bn investment to expand Lagos refinery

Billionaire Nigerian businessman is planning to grow capacity from about 650,000 barrels per day to 1.4mn b/d by 2028

Economy Bloomberg
Goldman Offers Way to Trade AI Junk Bonds $250 Million at a …

Goldman Sachs Group Inc. and JPMorgan Chase & Co. launched products this week allowing investors to quickly cut — or ramp up — exposure to …

Economy Bloomberg
Wellington Is Passing on Data-Center Debt Deals on Property Value Concerns

Data-center debt risks are rising, there’s uncertainty over what the properties are worth and returns are falling, according to Wellington Management.

Economy Bloomberg
Tesla Short Sellers Rake In $4 Billion as Shares Nosedive

The deep plunge in Tesla Inc.’s stock on Thursday is turning into a major payday for its short sellers.

Economy Financial Times
Hedge funds grow at fastest rate in history as AI boom lifts …

Equity rally and inflows from institutional investors take global assets under management up by over $400bn

Economy Bloomberg
Chocolate Maker Lindt Faces US Lawsuit Over Child Labor Allegations

Lindt & Spruengli AG has been sued by an activist law firm in the US which alleges the Swiss chocolate maker is falsely promoting its …

Economy Bloomberg
How Leveraged Exchange-Traded Funds Are Suddenly Everywhere

On this episode of Trillions, we discuss what’s fueling the boom and how these exchange-traded funds work in today’s market.

Economy Financial Times
Hundreds settle with HMRC as crypto tax crackdown continues

International reporting rules make it harder for investors to conceal gains

Economy Financial Times
Oil hits $100 for first time since May

Attack by Houthis on Saudi Arabian tankers combines with disappointing tech earnings to spark Wall Street stock sell-off

Economy Bloomberg
The Worrying Signal Embedded in the Momentum Selloff

A loss of market leadership.

Economy Financial Times
Apple revives automotive ambitions with Ford deal for in-car software

iPhone maker’s new technology comes two years after ending its own efforts to build an electric vehicle

Economy Financial Times
Palestinian economy on ‘cliff edge’ as Israeli banks cut ties

Move follows years of attempts by Israel’s far-right government to fatally undermine Palestinian Authority

Economy Bloomberg
Russia’s Black Sea Waters Not Safe for Ships Amid Attacks

Moscow warned that it is unsafe to navigate in its Black Sea waters after Ukraine has been ramping up attacks on Russia-linked ships in the …

Economy Bloomberg
Nasdaq 100 Eyes Worst Day in Month as Oil Prices Soar Over …

The Nasdaq 100 Index tumbled, putting it on track for its worst day in a month, as doubts about the payoffs from debt-fueled artificial-intelligence spending …

Economy Bloomberg
Asian Oil Buyers in Talks With Saudis to Reroute Red Sea Flows

At least two Asian crude oil buyers are in talks with Saudi Aramco to potentially reroute flows around Africa after Houthi attacks on tankers in …

Economy Financial Times
A stealth fighter jet could blow a hole in Healey’s budget

To fly, Tempest and the GCAP need to defy the history of failed joint national projects

Economy Bloomberg
Victoria Plc Wins Support for Debt Deal After HSBC U-Turn

Troubled UK carpetmaker Victoria Plc secured enough bondholder support for a consensual debt restructuring after HSBC Holdings Plc backed the plan at the last minute, …

Economy Bloomberg
BlackRock Says Elevated Yields Offer Bond Investors a Cushion

US Treasuries are offering investors solid protection against losses as yields remain elevated, according to BlackRock Inc.

Economy Financial Times
Ford hopes Spain tie-up with China’s Geely will revive European business

Two carmakers say they will form a manufacturing joint venture at US group’s Valencia plant

Economy Financial Times
Burnham’s high-risk start may help him get ahead of political pain

PM’s bet on time-consuming Whitehall reform could mean he is building up the case to seek a mandate of his own

Economy Financial Times
Oil price surge drives global bond sell-off

Brent crude’s rise towards $100 is threatening a prolonged surge in inflation and resetting interest-rate expectations

Economy Bloomberg
Bund Yields Hit 15-Year High as $100 Oil Fans Inflation Concerns

German bond yields rose to the highest level since 2011 as surging oil prices prompted bigger bets on interest-rate hikes, even as the European Central …

Economy Financial Times
Oil jumps to $98 after Houthis attack two Saudi Arabian tankers

Yemeni rebels say they used missiles and drones to target the vessels Encelia and Layla

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