World News Feed
Latest news from trusted sources around the world
Food Prices Rise to Highest in Three Years on Iran War Costs
Global food prices climbed to their highest level in more than three years as the Iran war disrupted supply chains, raising the prospect of larger …
Air India to Cut Costs, Reduce Flights as War Worsens Financial Struggles
Air India Ltd. is looking to implement steps to cut costs and reduce flights in the wake of the Iran war, people familiar with the …
Stellantis Deal Gives China’s Leapmotor Plant, EV in Europe
Stellantis NV is giving China’s Leapmotor access to a plant in Spain, and the partners will build an EV together to deepen ties as the …
Indonesia Foreign Reserves Fall Further to Two-Year Low in April
Indonesia’s foreign-exchange reserves fell further in April to the lowest in nearly two years as the central bank stepped up intervention to defend the rupiah.
Trump says ceasefire still in effect after US and Iran clash
UAE intercepts Iranian drones and missiles as tensions escalate
Markets Debate If Japan Sold Treasuries When Intervening in Yen
The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time Japan was likely intervening to support its …
UK monetary policy surprises are relatively large and getting larger
The market is reacting more strongly to rate decisions by the Bank of England than those of its peers, signalling potential communication issues
Paying with your face will become mainstream, says Korean fintech group
Toss aims to ‘eliminate physical credit cards’ in South Korea in three years
Why Oil May Hit $90 in Truce or $150 in Escalation
There are three scenarios for oil prices based on how long the Iran war lasts, according to Jacky Tang, emerging markets chief investment officer at …
Multinational back offices choke India’s IT services
Also in this newsletter: government steps in to help war-affected companies
Middle East crisis day 69 as it happened: US and Iran clash …
Washington says it launched strikes after Tehran attacked American destroyers
Trump’s 10% global tariff ruled illegal by US court
Court of International Trade says levies applied under Section 122 of trade act are ‘unauthorized by law’
Gold Rises as Buying Interest Counters Concern Over Hormuz Clash
Gold rose as signs of buying interest emerged in the wake of strong purchases by China’s central bank, even as fresh clashes in the Middle …
US Stocks Rise as Tech Outlook Offsets War Worries: Markets Wrap
A rally in technology stocks is lifting US index futures as investors wait for the monthly jobs report. Oil fluctuated while the Trump administration pushed …
UK local and devolved elections: Hour-by-hour guide to key battlegrounds
Stephen Bush breaks down the contests that are set to confirm Britain’s shift to seven-party politics
Gundlach Warns About the Risks Facing Private Credit
Jeffrey Gundlach, CEO and CIO of DoubleLine, discusses the current state of the private credit market. Gundlach compared the present moment in private credit to …
Blackstone-Led Group Set to Inject $100 Million Into Medallia
A group of private credit investors led by Blackstone Inc. is preparing to inject at least $100 million of fresh funds into Medallia Inc. as …
Elliott Said to Tap Banks to Run Barnes & Noble’s London IPO
Elliott Management Corp. has selected banks to lead a combined initial public offering of book retailers Barnes & Noble Inc. and Waterstones Booksellers Ltd., according …
McDonald’s warns of price pressures from rising beef and energy costs
Fast food group beats expectations but executives say rising expenses are constricting cash flows for franchisees
US fund threatens to divest TotalEnergies stake over offshore wind exit
Symbolic move indicates growing resistance to Trump administration’s payments to stop such projects
Trump halted ‘Project Freedom’ after Saudi Arabia withheld support
Riyadh has now lifted suspension after call between Crown Prince Mohammed bin Salman and US president on Wednesday
‘Blissful ignorance’: Milken elite bask in glow of roaring markets
Financiers at the Beverly Hills gathering brush aside concerns over Iran conflict and private market strains
Oil Market Liquidity Dries Up as Traders Sit Out War Volatility
Oil market liquidity has evaporated since the start of the US-Iran war, amplifying price moves in a benchmark seen as a bellwether for the global …
Ethiopia Inflation Back in Double Digits on Biting Fuel Shortage
Ethiopia’s inflation rate is back above 10% for the first time in five months, after fuel supply challenges pushed up the cost of almost everything.
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