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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Two LNG tankers pass through Strait of Hormuz

Another vessel carrying crude oil crossed the vital shipping lane on Saturday

Nigeria’s First Quarter GDP Eases on Slowdown in Oil Sector
Economy Bloomberg
Nigeria’s First Quarter GDP Eases on Slowdown in Oil Sector

Nigeria’s economy grew at a slower-than-expected pace in the first quarter as growth in both its oil and non-oil sectors eased.

Top Africa Bourse to Tighten Algo-Trading, Market-Access Rules
Economy Bloomberg
Top Africa Bourse to Tighten Algo-Trading, Market-Access Rules

Africa’s biggest stock-exchange operator is working to tighten oversight of how brokers and trading firms access the bourse to lessen the risk of rogue algorithms …

Iran War Squeezes India’s Gas Power Supply as Demand Hits Record
Economy Bloomberg
Iran War Squeezes India’s Gas Power Supply as Demand Hits Record

India’s gas power generation has plunged to the lowest level in at least six years, with the Iran war hitting fuel shipments, straining electricity supplies …

Economy Financial Times
FirstFT: Trump strikes more cautious tone on peace talks with Iran

Also in today’s newsletter: US consumers face spending squeeze, the biopic threatening to derail Flávio Bolsonaro’s presidential run

Economy Financial Times
Pope Leo warns AI revolution driven by ‘idolatry of profit’

Pontiff says it is ‘not permissible’ to entrust lethal decisions to artificial systems

Economy Financial Times
Prize draw businesses have better luck than the average punter

Lack of regulation has helped draw operators to thrive

Swiss Trader Had Lucrative Role Getting Iraqi Oil Through Hormuz
Economy Bloomberg
Swiss Trader Had Lucrative Role Getting Iraqi Oil Through Hormuz

A little-known Swiss trading company played a key role in the transit through the Strait of Hormuz of an oil supertanker whose stop-start journey captivated …

Economy Financial Times
AI guardrails stripped from Meta and Google models in minutes

Software designed to remove safety protections creates systems that provide responses on biological weapons and malware

BlackRock’s Saigal Sees ‘Sufficient Factors’ to Justify Fed Cut
Economy Bloomberg
BlackRock’s Saigal Sees ‘Sufficient Factors’ to Justify Fed Cut

The Federal Reserve may have enough reason to justify an interest rate cut rather than a hike under new chairman Kevin Warsh, according to BlackRock …

Economy Bloomberg
What It Takes to Run One of London's Most Popular Pubs | …

Restaurants are great microcosms for macro-economic trends. They sit at the intersection of everything from consumer confidence to commodity costs to the labor market. According …

Economy Financial Times
Rubio says Washington will find ‘another way’ if Iran talks fail

Price of oil falls on hopes of an agreement that could reopen the Strait of Hormuz

SoftBank Taps Retail Market Again With $1.6 Billion Yen Bond
Economy Bloomberg
SoftBank Taps Retail Market Again With $1.6 Billion Yen Bond

SoftBank Group Corp. plans to raise ¥260 billion ($1.6 billion) through another sale of subordinated bonds aimed mainly at individual investors, about two months after …

Economy Financial Times
Singapore tells banks to speed up account openings for wealthy clients

Regulator tries to strengthen city-state’s position as wealth hub after money-laundering cases lengthened wait times

Italy Tightens Grip on Payments Company Nexi With Stake Increase
Economy Bloomberg
Italy Tightens Grip on Payments Company Nexi With Stake Increase

Italy’s state lender Cassa Depositi e Prestiti SpA is set to increase its stake in Nexi SpA, tightening its grip on the payment company considered …

Economy Financial Times
Inside Chris Hohn’s Top Hedge Fund

Plus, James Anderson sees end to tech boom, SpaceX IPO trading frenzy and the Old Vic’s all-female Glengarry Glen Ross

Iran Deal Hopes Boost Emerging Market Assets as Oil Slides
Economy Bloomberg
Iran Deal Hopes Boost Emerging Market Assets as Oil Slides

Emerging-market stocks and currencies rose Monday as signs that the US and Iran are nearing a deal to reopen the Strait of Hormuz pushed oil …

Economy Financial Times
Suicide bombing near railway track in Pakistan kills 14

Separatist group claims responsibility for attack in capital of restive south-western Balochistan province

India Rupee Climbs on Oil Relief, Central Bank Valuation Comment
Economy Bloomberg
India Rupee Climbs on Oil Relief, Central Bank Valuation Comment

India’s rupee strengthened as oil prices dropped on hopes of a US-Iran deal and on comments by the central bank Governor that the currency may …

FTSE Cut Hits Stock Tied to One of Indonesia’s Richest Families
Economy Bloomberg
FTSE Cut Hits Stock Tied to One of Indonesia’s Richest Families

Shares linked to one of Indonesia’s richest families dropped after FTSE Russell over the weekend removed the company from its global indexes due to concentrated …

India Bond Investors Tap Soaring Swap Rates to Juice Returns
Economy Bloomberg
India Bond Investors Tap Soaring Swap Rates to Juice Returns

Multi-year high swap rates are driving some Indian debt fund managers into trades aimed at boosting fixed-income returns.

Chinese Mine Disaster Sparks Jump in Coal Prices and Stocks
Economy Bloomberg
Chinese Mine Disaster Sparks Jump in Coal Prices and Stocks

Chinese coking coal futures jumped by the daily limit and mining stocks surged after a deadly accident in Shanxi province sparked fears of broader supply …

Economy Financial Times
AI fever and off-exchange boom grip Japanese retail traders

Average daily trading volume on Tokyo Stock Exchange’s prime market almost doubles in 12 months

Economy Financial Times
UK universities cut jobs, research and teaching amid squeeze in overseas students

‘Very sharp downturn’ in enrolments risks hitting economic innovation and academic pipeline, lobby group says

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