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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Can Starmer get his government back on track? You asked, we answered

The FT’s Stephen Bush, Miranda Green and Robert Shrimsley replied to reader questions

Economy Financial Times
Microsoft launches ‘mid-class’ AI model as compute limits bite

Tech giant’s AI chief says it will have the resources to build frontier systems later this year

Trump Under Pressure as Oil Surges on Fears of Prolonged War
Economy Bloomberg
Trump Under Pressure as Oil Surges on Fears of Prolonged War

US President Donald Trump is coming under increasing international pressure after he pledged to continue the war on Iran, sparking further turmoil in energy markets, …

Economy Financial Times
Much ado about marshmallows

Good news, it’s s’more VAT nonsense

War Angst Is Causing Stock Selloffs Heading Into Weekends
Economy Bloomberg
War Angst Is Causing Stock Selloffs Heading Into Weekends

Investors are curbing risk on Thursdays and Fridays.

Goldman Sachs Says Breadth of Equity Market Returns Looks 'Robust'
Economy Bloomberg
Goldman Sachs Says Breadth of Equity Market Returns Looks 'Robust'

Shoqat Bunglawala, head of multi-asset solutions at Goldman Sachs, discusses portfolio diversification, tail-risk protection and why he's still "constructive over the medium term" in spite …

BlackRock Bets German Bonds Will Be Hammered by Inflation Surge
Economy Bloomberg
BlackRock Bets German Bonds Will Be Hammered by Inflation Surge

BlackRock Inc. has added to bearish positions on German bonds, betting that a “pretty large inflation uptick” across Europe will push borrowing costs back above …

Economy Financial Times
‘End of an era’ as ECB’s emergency pandemic stimulus unwinds

Nearly €3tn of excess liquidity will have drained from financial system by 2027, according to ECB estimates

How Swap Markets Are Struggling to Gauge Rates as Iran War Fuels Volatility
Economy Bloomberg
How Swap Markets Are Struggling to Gauge Rates as Iran War Fuels …

The Iran war has clouded the outlook for inflation and economic growth across the globe and, in turn, where interest rates might be heading.

Hedge Funds Walloped by a Month of Turmoil Sparked by War
Economy Bloomberg
Hedge Funds Walloped by a Month of Turmoil Sparked by War

Some of the world’s biggest hedge funds known for delivering steady returns lost money in March as the war in the Middle East roiled markets …

Economy Financial Times
The UK’s unpleasant energy exposure

The vulnerability stems from history and geography rather than failed policies

First LNG Tanker Exits Strait of Hormuz Along Omani Coast
Economy Bloomberg
First LNG Tanker Exits Strait of Hormuz Along Omani Coast

A liquefied natural gas tanker has exited the Strait of Hormuz hugging the Omani coastline, becoming the first such vessel to pass through the waterway …

Economy Financial Times
Pakistan and Afghanistan hold peace talks in China

First face-to-face contact since December comes after tensions erupted into open conflict

Economy Financial Times
India’s central bank makes it harder to short the rupee

Currency rises after RBI blocks non-deliverable derivatives in the onshore market

Economy Financial Times
World’s top energy traders wrongfooted in early days of Iran war

Oil traders that normally thrive on volatility caught out by scale of crisis as energy shock unfurled

Economy Financial Times
Vulture funds circle private equity

Distressed-debt funds see a potential bonanza in the downturn in private credit

Economy Financial Times
Gulf states consider new pipelines to avoid Strait of Hormuz

Conflict prompts countries to revisit plans that replicate Saudi Arabia’s East-West pipeline despite huge cost and complexity

Economy Financial Times
From Lockheed to start-ups, arms makers jostle for Iran war orders

Middle East conflict holds out promise to bring another windfall for defence groups as governments restock arsenals

Japan 10-Year Sovereign Bond Sale Sees Weakest Demand Since May
Economy Bloomberg
Japan 10-Year Sovereign Bond Sale Sees Weakest Demand Since May

Japan’s 10-year government bond auction saw the weakest demand since May after a renewed rise in oil prices fueled inflation worries and damped investor appetite.

Trump Threatens to Escalate War in Iran Even As End Is "Close”
Economy Bloomberg
Trump Threatens to Escalate War in Iran Even As End Is "Close”

President Donald Trump says the war in Iran is “very close” to completion, even as the US plans to continue attacks within the next two …

India Trading Ban Rocks $149 Billion-a-Day Offshore Rupee Market
Economy Bloomberg
India Trading Ban Rocks $149 Billion-a-Day Offshore Rupee Market

India banned its banks from offering the most popular instrument for trading the rupee offshore, threatening to squeeze a $149 billion-a-day market in an extreme …

Stocks Pare Losses, Oil Eases on Hormuz Report: Markets Wrap
Economy Bloomberg
Stocks Pare Losses, Oil Eases on Hormuz Report: Markets Wrap

Stocks pared earlier losses and oil prices retreated from their highs on a report that Iran is drafting a protocol with Oman to monitor traffic …

Oil Jumps and Diesel Tops $200 as Trump Threatens Escalation
Economy Bloomberg
Oil Jumps and Diesel Tops $200 as Trump Threatens Escalation

Oil rallied after US President Donald Trump vowed an escalation in the war in Iran over the coming weeks, a move that could prolong disruptions …

Danny Funt Details 'Whole New Ballgame' of Online Sports Gambling in 'Everybody Loses'
Economy Bloomberg
Danny Funt Details 'Whole New Ballgame' of Online Sports Gambling in 'Everybody …

Danny Funt, author of 'Everybody Loses: The Tumultuous Rise of American Sports Gambling,' said that online sports betting is a 'whole new ballgame' as the …

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