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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
How not to revive Europe’s auto industry

The electric vehicle market shows how legacy EU companies continue to fail when it comes to countering Chinese competition

Economy Financial Times
Why we need a proper conversation about death

Philanthropy needs to step up to meet the needs that a National Care Service never will

Economy Financial Times
European gas hits Iran wartime high

Stand-off between Washington and Kyiv over Russian diesel and approach of cold weather boost prices

Economy Bloomberg
DGB Offers Ethan Allen CEO a Non-Board Advisory Role

DGB Investments has offered an olive branch of sorts to the head of Ethan Allen Interiors Inc. as the activist seeks to replace the furniture …

Economy Financial Times
How US coal mined ties to Trump — and got much of …

A CEO golfs with Trump’s son as an industry once shut out of Washington turns access into policy

Economy Financial Times
‘I think a lot of people are waking up’: Trump’s Latino vote …

Inflation, war and the crackdown on immigrant communities draw the crucial swing voters back to the Democrats ahead of the midterms

Economy Financial Times
Business backlash over sweeping halal rules in world’s biggest Muslim nation

World’s largest majority-Muslim country to force companies to explain how products from clothes to toilet paper are permissible under Islam

Economy Financial Times
Former DR Congo leader Joseph Kabila to lead new rebel alliance

Announcement likely to hinder efforts by US to broker peace in country

Economy Bloomberg
Let the Rupee Find Its Own Level: Kotak

Indian banker Uday Kotak says the ideal approach to handling volatility in the Indian rupee would be to let it find its own level while …

Economy Financial Times
Goldman and JPMorgan to report on trading slowdown as earnings season kicks …

Wall Street banks expected to report worst trading results of year following record second quarter

Economy Bloomberg
Cracks Grow Across the AI Trade as Memory-Chip Stocks Tumble

The global artificial intelligence trade is coming under increasing pressure, with a deepening selloff in chip stocks instilling fresh doubts about the sustainability of one …

Economy Bloomberg
RBI’s Efforts to Curb Rupee Volatility Likely to Continue

India’s central bank will likely continue its efforts to curb volatility in the rupee, Finance Minister Nirmala Sitharaman said Tuesday, after recent measures helped the …

Economy Bloomberg
Whitbread CEO Says UK Tax Hikes Mean New Hotels Scrapped

Whitbread Plc’s Chief Executive Office Dominic Paul scrapped plans for some new UK hotel sites after higher business rates made them too costly to pursue.

Economy Bloomberg
BP Slashes Debt With Boost From Energy Trading and Refining

BP Plc cut net debt by around $8 billion in the past three months, reaching its 2027 target early after surging prices drove windfall profits …

Economy Bloomberg
INR/USD: Why India’s Rupee Is So Weak and What the RBI Is …

A country whose economy is expanding faster than those of its peers would typically expect its currency to strengthen. India’s growth has outstripped even that …

Economy Bloomberg
India’s Rupee Gains as RBI Takes More Steps to Support Currency

India’s rupee extended gains as the central bank announced more measures to support the currency which faces pressure from high oil prices and foreign outflows.

Economy Financial Times
Top economies heading for biggest budget deficits since Covid, IMF warns

At its annual meeting, the fund calls for ‘urgent’ action to rebuild public finances

Economy Bloomberg
Copper and Aluminum Drop as AI Selloff Saps Appetite for Risk

Copper and aluminum retreated as investor angst around overheated spending on artificial-intelligence infrastructure fueled uncertainty about the demand outlook for the metals.

Economy Financial Times
Asia warned over zombie companies

Share of groups unable to service debt in region has doubled since 2008, IMF says

Economy Bloomberg
Treasuries Climb as Traders Pare Fed Hike Bets on Lower Oil

Treasuries advanced as trading resumed after a long weekend, with a slide in oil prices spurring traders to trim wagers on Federal Reserve interest-rate hikes.

Economy Financial Times
Pakistan’s hard choice on Saudi Arabia’s war in Yemen

Defence pacts and financial reliance on Riyadh give Islamabad little leeway to avoid Houthi conflict

Economy Financial Times
IMF upgrades outlook for UK as AI drives growth spurt

The fund believes Britain is emerging as one of the winners of the tech boom

Economy Bloomberg
Chip Selloff Rolls On as Big Bank Earnings Begin: Markets Wrap

A selloff in chipmakers deepened on concerns about the sustainability of the artificial-intelligence trade, putting pressure on equity markets as Wall Street banks kicked off …

Economy Bloomberg
Fmr. Fed Governor Betsy Duke on CPI Amid Bank Results

Betsy Duke, Former Fed governor and Former Wells Fargo Chair, says investors should pay closest attention to Fed officials’ comments this week. She argues that …

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