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Latest news from trusted sources around the world

Economy Financial Times
UK government waters down proposals for legal migration

Home secretary Shabana Mahmood abandons plans to force many care workers to wait 15 years for permanent settlement

Economy Financial Times
Big Food faces a multibillion-dollar health check

Makers of ultra-processed foods are under pressure as the US government steps up efforts to reduce the causes of preventable ill-health

Economy Financial Times
AI build-out forecasts are increasingly reliant on Elon Musk telling the truth

Everything you always wanted to know about SpaceX (but were afraid to ask)

Economy Financial Times
Donald Trump’s imperial presidency faces a popular uprising

Voters have grown weary of the president’s monument-building at a time of high living costs

Economy Bloomberg
EchoStar Gains on SpaceX Talks; Lumentum, Marvell Reach Deal | Stock Movers

On this episode of Stock Movers: - EchoStar (ECHO) is gaining on news Elon Musk's SpaceX is looking to start a wireless service with Echostar. …

Economy Bloomberg
Gold Rebounds as Investors Seek Cash

Gold is trying to recover after its worst October since 2008, but market jitters are turning the metal into a source of liquidity, not a …

Economy Bloomberg
Marvell’s AI Megadeal Hands Wall St Multiple M&A Milestones

Marvell Technology Inc.’s $115 billion takeover of data center laser maker Lumentum Holdings Inc. will move Wall Street past a number of mergers and acquisitions …

Economy Bloomberg
Oracle Seeks $20 Billion for AI Growth as Meta Weighs New Debt

For almost three months, Big Tech companies didn’t borrow in the US bond market after they spooked investors with a debt binge in the hundreds …

Economy Bloomberg
Muddy Waters-Backed Gold Project Fast-Tracked by Ontario

A Canadian gold project backed by famed short seller Carson Block will be fast-tracked under a framework to cut permitting timelines in Ontario, extending the …

Economy Bloomberg
Stock Bulls Are Betting on a Bounce After the Midterms

Any post-vote selloff is likely to be short-lived, Morgan Stanley’s Wilson says.

Economy Bloomberg
OPay Halts IPO To Respond To Regulatory Inquiry

Nigeria-focused payments platform OPay has halted its initial public offering on the New York Stock Exchange amid a regulatory inquiry. Shares of the SoftBank-backed fintech …

Economy Bloomberg
Currie Sees Permanent 'Regime Shift' in Oil Market

Jeff Currie, CEO and founder of Real Macro, says physical oil is pricing in a permanent "regime shift" in energy markets. Speaking to Bloomberg's Abeer …

Economy Bloomberg
Taiwan Says China Sought to Diminish Its Status With Emailed APEC Invitation

Taiwan criticized China for breaching protocol in its invitation to an upcoming APEC meeting, with Beijing seen as having slighted both President Lai Ching-te and …

Economy Financial Times
European supermarket freezers hit just weeks after French cyber attack

Retailers in Sweden and Belgium report units overheating to as high as 55C in dozens of stores

Economy Financial Times
Andy Burnham must show his hand on migration, welfare and the EU

After a phoney war leading up to the Budget, big decisions in the next few months will define his government

Economy Financial Times
Gulf braced for escalation of war between US-Israel alliance and Iran

Diplomats warn that renewed conflict would be even more damaging than previous rounds of fighting

Economy Financial Times
Bulgarians re-elect pro-Russian president

Interim president Iliana Yotova consolidates her country’s Kremlin-friendly stance in final election results

Economy Financial Times
China’s soaring chemical exports threaten new trade war front

Output has almost doubled in some key ingredients in five years, putting pressure on foreign rivals

Economy Financial Times
Unpicking Microsoft’s free cash flow

Plus: stock-bond correlations (again)

Economy Bloomberg
US Gulf Allies Confront Escalation Fears

Bloomberg's Jon Herskovitz details Donald Trump’s dual-track Iran strategy, balancing regional diplomatic talks against a US military buildup. Meanwhile, Gulf allies fear renewed strikes could …

Economy Bloomberg
Binance Details $3.6 Billion in Net Outflows

Binance posted a net outflow of $3.6 billion in cryptoassets after restoring customer withdrawals on Sunday, following the largest cyber theft in history attributed to …

Economy Bloomberg
Copper Recovers as Easing Tech Rout, Lower Oil Calm Growth Fears

Copper rebounded from its lowest close in a week as a rout in technology stocks subsided and oil prices pulled back, easing fears around global …

Economy Bloomberg
Chilean, Mexican Pesos Lead EM Currencies Higher as Oil Sinks

Most emerging-market currencies advanced Monday after Iran’s supreme leader authorized the government to hold peace talks, easing concerns over the conflict in the Middle East …

Economy Bloomberg
Reliance Shares Hit Nine-Month High as Iran War Boosts Refining

Shares of Reliance Industries Ltd. rallied the most in nine months after earnings from India’s most valuable company beat analyst estimates, driven by a strong …

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