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Latest news from trusted sources around the world

Space Stock Craze Comes to Europe as One UK Fund Quadruples
Economy Bloomberg
Space Stock Craze Comes to Europe as One UK Fund Quadruples

It’s not just US retail investors piling into any asset connected to space exploration. Europeans want in, too.

Xi Says Common Interests Outweigh Difficulties
Economy Bloomberg
Xi Says Common Interests Outweigh Difficulties

Donald Trump and Xi Jinping made their opening remarks at the Great Hall of the People, with Xi saying the common interests between the United …

What India’s Top Three Mutual Funds Bought and Sold in April
Economy Bloomberg
What India’s Top Three Mutual Funds Bought and Sold in April

Indian investors plowed money into equity funds for a 62nd straight month in April, though inflows eased from the previous month.

Iran War Gives Xi The Chance to Rekindle Gas Sales With Trump
Economy Bloomberg
Iran War Gives Xi The Chance to Rekindle Gas Sales With Trump

As the leaders of the world’s two largest economies meet in Beijing, energy markets will be watching closely for any breakthrough in a dispute that …

Sarah Beran on US-China Summit
Economy Bloomberg
Sarah Beran on US-China Summit

Sarah Beran, Former US Embassy Deputy Chief of Mission in Beijing and Partner at Macro Advisory Partners, says both Washington and Beijing have significantly lowered …

Economy Financial Times
Xi tells Trump that US and China are ‘partners not rivals’

Leaders’ summit in Beijing is likely to include discussions on Hormuz blockade, Taiwan and rare earths

Economy Financial Times
What Xi and Trump want from their Beijing summit

Chinese and US leaders to discuss trade, technology, Iran and Taiwan

Economy Financial Times
Private equity cools on India amid lofty prices and economic jitters

Weaker dealmaking environment during turbulent period for country’s financial markets

Economy Financial Times
GameStop’s Cohen threatens to take $56bn eBay offer to shareholders

CEO says reseller’s board failed to engage after declining to meet him

S&P 500 Tops 7,500 as AI Fuels Record-Breaking Run: Markets Wrap
Economy Bloomberg
S&P 500 Tops 7,500 as AI Fuels Record-Breaking Run: Markets Wrap

A revival of the artificial-intelligence trade kept fueling momentum in stocks, with the market also rising after retail sales showed signs of consumer strength despite …

Rare Earth Minerals Expected to be Central to Trump, Xi Talks
Economy Bloomberg
Rare Earth Minerals Expected to be Central to Trump, Xi Talks

Lipi Sternheim, CEO of rare earth mining company REAlloys, said that his company is racing to build infrastructure to mine rare earth minerals in North …

Economy Financial Times
One in four workers paid close to UK minimum wage in many …

Centre for Cities research points to risks to local economies if ministers push pay rates too high

Economy Financial Times
Senate confirms Warsh to succeed Powell as Fed chair

Vote brings to an end one of the most fraught processes of selecting a central bank chief in decades

Economy Financial Times
Netanyahu made secret visit to UAE during Iran war

Trip by Israeli prime minister underscores how conflict has deepened relations between the two states

Further Flight Cuts Mulled as Air NZ Forecasts Full-Year Loss
Economy Bloomberg
Further Flight Cuts Mulled as Air NZ Forecasts Full-Year Loss

Air New Zealand expects a substantial full-year loss as the Middle East conflict stokes jet-fuel costs, forcing it to cut costs and reduce services.

Economy Financial Times
Shares surge in debut of power producer favoured by Trump energy agenda

Geothermal generator Fervo uses renewable energy technology that has garnered rare administration support

Economy Financial Times
Elon Musk’s settlement with SEC raises ‘red flags’, judge says

Court refuses to ‘rubber stamp’ $1.5mn deal over Twitter stock disclosure

Venezuela Kickstarts $170 Billion Debt Restructuring Process
Economy Bloomberg
Venezuela Kickstarts $170 Billion Debt Restructuring Process

Venezuela hired a financial adviser as it launches one of the world’s largest-ever debt restructurings, aiming to rework an estimated $170 billion of defaulted bonds …

Economy Financial Times
Putin and Zelenskyy cool on US-led peace talks

Moscow and Kyiv lose faith in Donald Trump’s diplomacy even in the event of Iran war ending

Economy Financial Times
India more than doubles tariffs on gold imports

Government wants to curb non-essential imports to protect the rupee

Economy Financial Times
JPMorgan reshuffles investment bank chiefs amid wider shake-up

Dorothee Blessing, Kevin Foley and Jared Kaye appointed co-heads of global investment banking

Economy Financial Times
Why UK assets are attractive despite the storm

The bearish outlook may only be shortlived, presenting opportunities for longer-term investors

Economy Financial Times
US wholesale inflation hits 6% as Iran war sends fuel and freight …

Producer price index rises at fastest rate since Russia’s full-scale invasion of Ukraine

Economy Financial Times
What was in the King’s Speech?

Keir Starmer pledges ‘greater urgency’ as he sets out his legislative agenda

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