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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
‘Very North Korean’: hundreds of Labour MPs back Andy Burnham for leader

Ex-Manchester mayor says it is starting to feel ‘very real’ as 322 out of 403 Labour MPs nominate him to succeed Keir Starmer

Economy Financial Times
Andy Burnham apologises for Labour’s Gaza war stance

Britain’s likely next prime minister seeks to win back leftwing voters outraged by Keir Starmer’s approach to Israel

Economy Financial Times
Goldman Sachs limits prediction market betting for employees

Nascent platforms such as Kalshi and Polymarket pose challenges to compliance policies at heavily regulated banks

Economy Financial Times
Kevin Warsh names high-profile figures to help modernise the Fed

US central bank chair chooses business and academic leaders to head five new task forces

MiniMax Joins China AI Fundraising Rush With $2 Billion Deal
Economy Bloomberg
MiniMax Joins China AI Fundraising Rush With $2 Billion Deal

MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial intelligence buildout, looking to raise …

Trump Stops in UK to Switch Air Force One Planes
Economy Bloomberg
Trump Stops in UK to Switch Air Force One Planes

President Trump’s return from the NATO summit in Turkey took a detour when he switched Air Force One planes in the UK. Annmarie Hordern explains …

US 30-Year Bond Auction Set to Draw Highest Yield in 20 Years
Economy Bloomberg
US 30-Year Bond Auction Set to Draw Highest Yield in 20 Years

An auction of 30-year Treasury bonds Thursday is poised to draw the highest yield since at least 2006, underscoring how swelling bond supply is driving …

Oil Edges Lower as Traders Assess Renewed US-Iran Hostilities
Economy Bloomberg
Oil Edges Lower as Traders Assess Renewed US-Iran Hostilities

Oil edged lower as traders assessed renewed US strikes against Iran, with the limited scope of the hostilities prompting bets that energy shipments through the …

Economy Financial Times
Leading UK research facility Diamond Light Source faces cost cuts

Particle accelerator used by both public and private sector scientists is part of 15% research centre savings

Economy Financial Times
Banijay picks London as new HQ for TV maker after $8bn merger

UK base for production group behind ‘The Traitors’ is another boost to country’s creative sector

UBS Strategists Turn Biggest European Stock Bulls With 8% Upside
Economy Bloomberg
UBS Strategists Turn Biggest European Stock Bulls With 8% Upside

Stronger earnings and a broadening rally will power European stocks to new highs this year, according to UBS Group AG strategists, who are now the …

Economy Financial Times
World faces growing diesel supply crunch as Russia cuts off exports

Ukraine drone strikes have hammered Russia’s refineries

Economy Financial Times
Democrats race to salvage US Senate bid after Graham Platner scandal

Populist progressive quits Maine contest after rape allegations

Economy Financial Times
Business model in terminal decline? Try a round of golf

Versant Media hopes to get back in play with its purchase of simulator maker Full Swing

Erste Shares to Rally 30% on Poland Growth, Goldman Sachs Says
Economy Bloomberg
Erste Shares to Rally 30% on Poland Growth, Goldman Sachs Says

Erste Group Bank AG shares are set to rally 30%, driven by growth from the lender’s expansion in Poland, according to Goldman Sachs Group Inc.

Barclays Readies $875 Million Debt Sale for Buyout of Senior Plc
Economy Bloomberg
Barclays Readies $875 Million Debt Sale for Buyout of Senior Plc

Barclays Plc is preparing to sell about $875 million of debt financing used to fund a takeover of UK aerospace supplier Senior Plc.

Defense Valuations Yet to Peak as Orders Surge, BNP Banker Says
Economy Bloomberg
Defense Valuations Yet to Peak as Orders Surge, BNP Banker Says

European defense sector valuations still have plenty of upside, with government pledges to boost military spending now translating into orders, according to a top banker …

Economy Financial Times
Germany strikes deal to buy US Tomahawk missiles, Merz says

Chancellor Friedrich Merz says he reached agreement with Washington during Nato summit in Ankara

Economy Financial Times
Eurostar orders trains to cope with 55C ‘Saudi’ summers

Amended contract follows heatwaves across UK and western Europe

Economy Financial Times
Farage’s finances risk derailing his project to own the British right

Probes into populist politician make him less appealing to non-Reform voters adept at tactically voting against him

US, Iran Trade Airstrikes as Fears Grow of a Return to War
Economy Bloomberg
US, Iran Trade Airstrikes as Fears Grow of a Return to War

The US military struck Iran for a second day and Tehran retaliated against American allies in the Persian Gulf, raising fears of a return to …

European Gas Prices Jump as Qatar Pauses Push to Ramp Up LNG
Economy Bloomberg
European Gas Prices Jump as Qatar Pauses Push to Ramp Up LNG

European natural gas prices jumped above €50 a megawatt-hour for the first time in a month after a report that Qatar is pausing efforts to …

Economy Financial Times
US carries out second day of strikes against Iran

Trump claims Tehran ‘called’ to negotiate but casts doubt on prospects of deal

Lenders Seek $700 Million After Japanese Firm’s Collapse
Economy Bloomberg
Lenders Seek $700 Million After Japanese Firm’s Collapse

Creditors across Japan are trying to claw back more than $700 million from a payments firm suspected to have faked its financial statement for at …

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