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Latest news from trusted sources around the world

Economy Bloomberg
Ross Gerber on Tesla Roadster, Potential SpaceX Merger

Ross Gerber discussed Tesla’s anticipated Roadster unveiling, following a Barclays note suggesting Tesla and SpaceX could merge before year-end, potentially ahead of Tesla’s annual general …

Economy Financial Times
Trump weighs easing restrictions on Russian and Iranian ‘shadow fleet’

A White House desperate to lower fuel costs ahead of US midterm elections could allow blacklisted vessels back into global trade

Economy Financial Times
Farage accused of ‘protecting’ mayoral candidate who allegedly made racist comments

Senior aide to Reform UK leader pushed to have Chris Parry thrown out of the party, according to TV documentary

Economy Financial Times
How India lost more than 100mn voters

Critics say ‘aggressive’ review wrongly deleted eligible voters, many of them Muslim, and may have benefited PM Modi’s party

Economy Financial Times
777 Partners’ Josh Wander pleads guilty to fraud charges

Financier who tried to buy Everton FC changes plea on eve of trial

Economy Financial Times
Treasuries rally as investors seek shelter from AI turbulence

Global chip stocks caught up in volatile trading amid fears over sustainability of AI boom

Economy Financial Times
Commercial goods blocked from entry into Gaza

Israelis and Palestinians trade blame for the cut-off of new goods from the devastated enclave

Economy Financial Times
Anthropic grants non-profit METR ‘employee-like’ access to monitor AI risks

CEO Dario Amodei has made bringing in external evaluators one of his main proposals to address safety concerns

Economy Bloomberg
Texas Senate Race Will Come Down to Turnout, Says Siena's Levy

Don Levy, director of the Siena Research Institute, said that while the Democratic party itself is not gaining in popularity, 'change' is what's on top …

Economy Bloomberg
Indexing Sports: How Team Stats Become Tradeable Assets

In this episode, we explore the financial infrastructure behind the new crop of sports ETF filings and indexes that measure the performance of individual teams.

Economy Bloomberg
Peru’s Economy Expanded Faster Than 3% for Second Month

Peru’s economy grew more than 3% for a second straight month, in line with expectations, driven by strong performance in most sectors.

Economy Bloomberg
Nigeria Tycoon Sees $15 Billion Project Pipeline for West Africa

Nigerian tycoon Tony Elumelu is part of a team considering a $15 billion pipeline of investment projects across West Africa to help curb the region’s …

Economy Financial Times
Mercuria adds first copper to US Project Vault stockpile

Trading house confirms 12,000-tonne delivery to Washington’s new $12bn reserve of strategic metals and minerals

Economy Bloomberg
Aussie Dollar Falls to Lowest Since July as RBA Hike Bets Fade

The Australian dollar touched the lowest level since early July, extending its decline after domestic labor data pushed traders to scale back expectations of interest …

Economy Financial Times
Hold philanthropists accountable when their projects fail

Despite disappointing results, an African agricultural initiative funded by prominent foundations is being recapitalised

Economy Bloomberg
There's Not Going to Be a Sharp Downturn in Jobs, Says Lakshman …

Initial jobless claims were little changed in early-October, reinforcing the view that the labor market is cooling through slower hiring rather than rising layoffs. The …

Economy Financial Times
Trump cancels Hegseth’s plan to livestream execution after backlash

US president overrules decision to broadcast execution of former soldier who carried out Texas mass shooting in 2009

Economy Financial Times
Saudi events delayed after Houthi attacks

EU-Gulf meeting and Formula 1 race among those postponed following missile strikes on Riyadh airport

Economy Bloomberg
India Restores Old Derivatives Settlement on Auction Chaos

India’s markets regulator restored a method that relies on the final 30 minutes of trading to settle derivatives on expiry days, after the new closing …

Economy Financial Times
FirstFT: Ukraine to resume strikes on Russian refineries, Zelenskyy says

Also in today’s newsletter: tech sell-off deepens and Anthropic’s revenues increase more slowly than expected

Economy Bloomberg
Dangote Pushes African Market Access for IPO With Egypt Visit

Aliko Dangote is pushing the expansion of capital markets as Africa’s richest man readies to offer global depository receipts in Egypt.

Economy Bloomberg
France’s Bond Turmoil Leaves Repo Funding Unscathed for Now

The shock from turmoil in French debt has yet to show up in the country’s market for short-term funding, signaling a broad credit crisis is …

Economy Bloomberg
Ukraine to Resume Russia Refinery Strikes, Defying Trump

Ukrainian President Volodymyr Zelenskyy has ordered attacks on Russian oil refineries to resume, ending a three-day pause on strikes in response to US President Donald …

Economy Financial Times
Submit your questions: Who’s winning the trade war with China — the …

Senior trade writer Alan Beattie and economics columnist Soumaya Keynes will answer reader questions in a live Q&A today at 1pm (BST)

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