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Latest news from trusted sources around the world
Starmer rallies ministers in attempt to build support against Burnham
Prime minister insisted he would fight Greater Manchester mayor in any leadership contest
Fast Retail Firm Zepto Files for Biggest India IPO This Year
Rapid-commerce company Zepto Ltd. has filed updated paperwork for what’s set to be India’s biggest initial public offering this year, bringing to market one of …
Bitcoin’s $235 Billion Crash Masks Bigger Shift in Crypto
The easiest way to understand crypto used to be to look at Bitcoin.
A 20-Year Real Estate “Super Cycle” Is Beginning: Rabil
Kayne Anderson CEO Al Rabil joins Bloomberg Open Interest to explain why he believes housing, medical offices, senior housing, and industrial real estate are entering …
Stocks Gain as Buyers Step In After AI-Led Selloff
Wall Street staged a comeback as dip buyers emerged, lifting stocks amid renewed enthusiasm over artificial intelligence and bets that a solid economy will keep …
Blackstone looks to sell $2bn of stakes in private investment funds
One of the biggest deals of its kind will test investor appetite for ageing private equity vehicles
Italy’s biggest lender offers €30.6bn to buy world’s oldest bank
Italy’s largest bank says takeover would result in significant cost savings
Uber’s pursuit of Delivery Hero faces fresh challenge from Saudi start-up
Riyadh-based Ninja is considering making bid for parts of German group’s Middle East business
US Stocks Rebound From Selloff as Chipmakers Lead Broad Gains
US stocks advanced on Monday, paring last week’s slump, as chipmakers headed for their best session in a year and traders assessed flaring tensions in …
People are starting to eat the rich
Free-floating rage against a super-wealthy elite could favour economic populists in the midterms
Turkey probes 95-year-old Rahmi Koç over ‘derogatory’ joke
Critics warn judicial move against prominent tycoon risks undermining investment in Turkey
FirstFT: AI sell-off spooks global markets
Also in today’s newsletter: Iran and Israel trade fire while Intesa Sanpaolo launches €30bn bid for rival bank
Korean Leveraged ETF Misfires, Jumps 50% Even as SK Hynix Slumps
A leveraged exchange-traded fund tied to SK Hynix Inc. surged 50% on Monday despite a drop of nearly 8% in the underlying stock, a dislocation …
Airline Bosses Gather for IATA Meeting in Rio
Bloomberg's Guy Johnson reports live from Rio de Janeiro on the key concerns for airline executives gathered at the International Air Transport Association's annual general …
Universal Music Sounds Out Investors for €1 Billion Bond Sale
Universal Music Group NV is speaking to investors ahead of a possible €1 billion ($1.15 billion) two-part bond sale on Monday, after rejecting hedge fund …
Blackstone Looks to Sell $2 Billion of Fund Stakes, FT Says
Blackstone Inc. is looking to sell more than $2 billion of its stakes in private investment funds by bundling the exposure into bonds for investors, …
Tate & Lyle agrees to £2.7bn takeover from US rival Ingredion
Takeover of long-serving FTSE member deepens London stock market malaise
Armenians back pivot from Moscow in Pashinyan election win
Prime minister’s party secures parliamentary majority against Russia-friendly rivals
Explosions heard in central Tehran as Israel and Iran trade air strikes
Retaliatory barrages test two-month truce and Trump’s efforts to forge wider peace deal
European Stocks Fall on Mideast Tensions; Zealand Pharma Sinks
European stocks fell after a choppy session as investors reacted to conflicting signals about the war in the Middle East.
Iran, Israel Pledge to End Attacks That Threatened Peace Talks
Iran and Israel agreed to ease strikes against each other after a flare-up in violence threatened to derail peace negotiations and led President Donald Trump …
Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets
Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest rates, while escalating tensions in the Middle East added …
China’s Xi lands in North Korea for Kim meeting
Chinese leader’s first trip to Pyongyang in 7 years comes as regime has stepped up rhetoric of nuclear expansion
Flood Warnings for South China Farmlands Raise Rice-Crop Risks
Forecasts for heavy rains in southern China over the next week are raising the risk of flash floods, potentially inundating crops and damaging rice fields.
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