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Latest news from trusted sources around the world

World Races to Protect Oil Flows After Iran War Hits Exports
Economy Bloomberg
World Races to Protect Oil Flows After Iran War Hits Exports

World governments stepped up efforts to calm energy markets as the US and Israel’s war on Iran chokes off a critical supply waterway, with missile …

ECB Hike Potentially Closer Than Thought on Iran War, Kazimir Says
Economy Bloomberg
ECB Hike Potentially Closer Than Thought on Iran War, Kazimir Says

The Iran war and its impact on inflation risk forcing the European Central Bank to raise interest rates sooner than anticipated, according to Governing Council …

Harmony Gold Produces First Copper as Firm Widens Metal Mix
Economy Bloomberg
Harmony Gold Produces First Copper as Firm Widens Metal Mix

Harmony Gold Mining Co. announced its maiden copper output during the first fiscal half as the firm expands into the metal that’s key to the …

Japan 5-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Economy Bloomberg
Japan 5-Year Bond Sale Sees Firmer Demand Than 12-Month Average

Japan’s five-year government bond auction drew stronger demand than its 12-month average on receding expectations of a possible rate hike by the Bank of Japan …

Why Is China Embracing OpenClaw?
Economy Bloomberg
Why Is China Embracing OpenClaw?

JPMorgan Asset Management Portfolio Manager Oliver Cox and Bloomberg Intelligence Senior Analyst Robert Lea discuss how China’s embrace of the open-source OpenClaw program is sparking …

Economy Financial Times
Iran war lifts K-defence company offering cheap Patriot rival

LIG Nex1’s Cheongung-II success in real-war situation set to foster demand for Korean security tech

Economy Financial Times
Oil-poor Asian countries push 4-day weeks and car pooling

Governments push to cut oil use as concerns mount about economic impact of disruption to supplies from Middle East

Nintendo Shares Soar 10% as Surprise Hit Pokémon Game Lifts Mood
Economy Bloomberg
Nintendo Shares Soar 10% as Surprise Hit Pokémon Game Lifts Mood

Nintendo Co. shares gained as much as 10.5% in their steepest climb since April as the surprise success of its new Pokémon game helped offset …

Economy Financial Times
Trump says India’s Reliance will back first new US oil refinery in …

US president hails new project in Brownsville, Texas, as Iran war drives higher fuel prices

Economy Financial Times
Trump administration’s mixed messaging sparks wild swings in oil markets

Confusion over US naval escorts in Strait of Hormuz exposes lack of clarity over war aims

Starboard Builds $350 Million CarMax Stake, Seeks Board Seats
Economy Bloomberg
Starboard Builds $350 Million CarMax Stake, Seeks Board Seats

Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround …

Economy Financial Times
Net zero will cost less than fossil fuel price rise, UK climate …

Climate Change Committee report comes after days of turbulence in global energy markets

Stocks Fall as Oil Keeps Gaining on War Jitters: Markets Wrap
Economy Bloomberg
Stocks Fall as Oil Keeps Gaining on War Jitters: Markets Wrap

Wall Street traders hit by geopolitical worries kept a lid on stocks and bonds, with oil surging after the release of stockpiles from rich nations …

Oil Rises as Traders Weigh War Impact and Reserves Release Plan
Economy Bloomberg
Oil Rises as Traders Weigh War Impact and Reserves Release Plan

Oil climbed in another volatile trading session as traders weighed whether an emergency release of crude reserves by wealthy nations would blunt the impact of …

Trump Says US to Get New Oil Refinery With Reliance Backing
Economy Bloomberg
Trump Says US to Get New Oil Refinery With Reliance Backing

President Donald Trump said the US will get its first new oil refinery in 50 years with the help of investment from India’s Reliance Industries …

Haass: Economic Effects of Iran War Will 'Mushroom'
Economy Bloomberg
Haass: Economic Effects of Iran War Will 'Mushroom'

Council on Foreign Relations President Emeritus Richard Haas discusses the US and Israel not being on the same page regarding the conflict in Iran timeline, …

Economy Financial Times
Oracle shares rally 10 per cent on strong revenue forecast from AI …

Larry Ellison’s database group posted better than expected earnings from its cloud unit

Private Credit Lends Extra $400 Million to Software Firm Enverus
Economy Bloomberg
Private Credit Lends Extra $400 Million to Software Firm Enverus

Private credit lenders have provided a more than $400 million delayed draw term loan for Blackstone Inc.’s Enverus after supplying roughly $3 billion in December, …

Raízen, Creditors Near Deal for Out-of-Court Debt Rework
Economy Bloomberg
Raízen, Creditors Near Deal for Out-of-Court Debt Rework

Brazilian sugar and ethanol producer Raízen SA is close to reaching an agreement with its main creditors to start an out-of-court debt restructuring, according to …

Economy Financial Times
Government overcomes backbench rebellion to pass jury plan

Ninety Labour MPs abstained while 10 joined Tories and Lib Dems in opposing Courts and Tribunals Bill

Economy Financial Times
Israel rejects Lebanon’s request for ‘cessation’ in fighting to allow for talks

Meeting between two longstanding enemies could take place in Cyprus

Economy Financial Times
UK deploys first warship to Cyprus after scrutiny over delays

Departure of HMS Dragon comes amid wider criticism of Britain’s slowness to bolster support for allies in Iran war

Toronto-Listed MDA Space Seeking $300 Million in US IPO
Economy Bloomberg
Toronto-Listed MDA Space Seeking $300 Million in US IPO

MDA Space Ltd. is seeking to raise $300 million in an initial public offering in the US, giving the Toronto Stock Exchange-listed robotics and satellite …

Economy Financial Times
UK consults on scaled-back digital ID plan

Ministers try to win over sceptical public by potentially excluding children and some personal data

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