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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Sovereignty of Falklands ‘not in question’, says Number 10 after leaked US …

UK official defends ‘islanders’ right to self-determination’

US Life Insurers Have Shifted More General Account Risk Offshore
Economy Bloomberg
US Life Insurers Have Shifted More General Account Risk Offshore

US life insurers have shifted more of their general account risk to entities abroad than in the US as of year-end, the first time that …

Tax the Rich Policies Draw Attention
Economy Bloomberg
Tax the Rich Policies Draw Attention

Michael Bologna, Bloomberg Industry Group senior tax correspondent, joins Scarlet Fu on "Bloomberg Real Yield." Democrats around the country are pushing forward on plans to …

Economy Financial Times
Amazon-backed nuclear developer X-energy surges 27% in trading debut

Company taps rising demand for electricity from data centres to power AI boom

Economy Financial Times
US stocks race ahead of Europe as Wall Street shrugs off energy …

Intel surges above dotcom-era high in latest milestone for tech-powered rebound

US Sanctions Giant Chinese Refiner Hengli Over Iran Links
Economy Bloomberg
US Sanctions Giant Chinese Refiner Hengli Over Iran Links

The US sanctioned one of China’s largest private oil refiners over its links to Iran, a move that ramps up economic pressure on Tehran but …

Economy Financial Times
US prosecutors drop criminal probe into Fed chair Powell

Breakthrough removes potential hurdle to Kevin Warsh’s confirmation as next head of the central bank

Economy Financial Times
How quickly can Gulf oil start gushing again?

Schrodinger’s Strait

Economy Financial Times
A non-comprehensive list of companies that made less money than Jane Street …

hot damn

Economy Financial Times
Trading firm Jane Street doubles annual revenues to $40bn

Record haul surpasses investment banks that once dominated Wall Street

Ricky Sandler Shuttering Eminence Capital After 27-Year Run
Economy Bloomberg
Ricky Sandler Shuttering Eminence Capital After 27-Year Run

Hedge fund veteran Ricky Sandler is shuttering Eminence Capital and returning investor cash after a 27-year run, telling clients it hasn’t performed well enough in …

Economy Financial Times
Starmer promises imminent laws to ban IRGC

Previous UK governments argued Terrorism Act was for banning non-state terrorist organisations only

Economy Financial Times
Witkoff and Kushner to travel to Islamabad as hopes rise for Iran …

Washington delegation wants to ‘hear Iranians out’ but Tehran says ‘no meeting is planned’ with US officials

Economy Financial Times
The narrow path to a US-Iran deal

An uneasy ceasefire cannot be the long-term solution in the Gulf

Euro Zone Price Spike Seen Surging Higher in Second Month of War
Economy Bloomberg
Euro Zone Price Spike Seen Surging Higher in Second Month of War

Euro-zone inflation probably jumped in April to the highest in 2 1/2 years as fallout from the Iran war squeezed economies across the currency area.

Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown
Economy Bloomberg
Azerbaijan Sold Gold Worth $3 Billion in First Ever Drawdown

Azerbaijan’s State Oil Fund sold about 22 tons of gold in the first quarter of the year, after a record-breaking rally pushed the sovereign wealth …

‘The Jig Is Up’: 70% Crash Marks Quick End to Avis Short Squeeze
Economy Bloomberg
‘The Jig Is Up’: 70% Crash Marks Quick End to Avis Short …

The speculative mania around Avis Budget Group Inc. erupted quickly. It collapsed even faster.

Economy Financial Times
Trump tracker: the latest data on US tariffs, trade and economy

Follow the latest impact of tariffs amid the president’s ongoing trade war

Economy Financial Times
P&G warns of $1bn hit from Iran war after failing to hedge …

US consumer goods group says it may raise prices as conflict drives up costs of fuel and packaging

DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed
Economy Bloomberg
DOJ Drops Powell Probe, Smoothing Path for Warsh to Fed

The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, …

Economy Financial Times
Intel shares surge on AI boom to surpass dotcom bubble high

CEO says US chipmaker has made ‘fundamental’ changes after year-long turnaround

Economy Financial Times
The golden age of arbitrage has begun

The law of one price is in retreat — with major consequences for profits, inflation and innovation

Economy Financial Times
Asian refineries slash output as Iran crisis chokes crude supplies

Production crunch threatens to worsen regional shortages of jet fuel and diesel

Economy Financial Times
Russian oilman tried to buy golf course on railway to British nuclear …

Purchase of Lake District club collapsed this week after government officials and the FT raised questions over strategic location

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