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World News Feed

Latest news from trusted sources around the world

Economy Financial Times
Oil prices soar above $100 a barrel as hope fades of end …

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Economy Financial Times
Starmer defends fast-tracking EU rules into UK law

Prime minister says mechanism would help cut business costs and bring down prices

Economy Financial Times
Hungarian elections offer lessons for UK’s Labour

Politicians shouldn’t forget they’re ultimately in the consumer services industry

Economy Financial Times
Von der Leyen aide to lead powerful EU competition directorate

Anthony Whelan appointment signals European Commission’s willingness to use antitrust powers to help businesses scale up

Economy Financial Times
Trump lashes out at Pope Leo for criticism of Iran war

The head of the Catholic Church has emerged as a leading voice of opposition against US foreign policy

Economy Financial Times
We are stuck in a currency doom loop

Without the dollar, bad situations could be made even worse

Economy Financial Times
UK government urges companies to work with it on protecting undersea cables

Defence secretary gathers business leaders to discuss ‘rising threats’ to critical submarine infrastructure

Economy Financial Times
Five UK water companies spent more than £32mn on appeal to raise …

Utilities argued for additional increases to attract investors and avoid breaching licence conditions

Economy Financial Times
Luxury retailer Mytheresa has sights on Middle East growth despite conflict

New CEO wants to increase investment given concentration of wealthy potential clients in the Gulf

Economy Financial Times
Who lost the UK bond market?

The volatility of gilts is a big problem for the country and must be tackled

Economy Financial Times
Trump announces naval blockade of Strait of Hormuz as Iran peace talks …

Reopening the waterway is a sticking point in negotiations as oil supply bottlenecks fuel a global energy crisis

Economy Financial Times
US to begin blockade of Iran’s ports at 10am ET Monday

Oil prices expected to rise as Trump tells US navy to ‘interdict’ ships that pay Iran to pass through strategic chokepoint

Economy Financial Times
Hungary’s Orbán concedes defeat as opposition heads for landslide win

Tisza party led by Péter Magyar projected to win a two-thirds majority in crushing loss for EU’s longest-serving premier

Economy Financial Times
Hungarian voters turn out in force for biggest test of Orbán era

Election follows bitter campaign that energised both government loyalists and opposition led by Péter Magyar

Economy Financial Times
Inflation and growth set to dominate IMF and World Bank meetings

Plus, Wall Street lenders kick off earnings season, Chinese GDP and European inflation figures

Economy Financial Times
Global economic outlook darkens as policymakers count cost of Iran war

Central bankers and economists prepare to meet in Washington to assess conflict’s damage

Economy Financial Times
Could US pensioners be swallowed by the next credit wave?

Trump wants retirees’ money in private credit, but it’s a bad idea at this stage of the cycle

Economy Financial Times
South Africa’s Democratic Alliance elects new leader to take on ANC

Nation’s second-largest party hopes Cape Town mayor Geordin Hill-Lewis can widen its appeal

Economy Financial Times
Iran nuclear stand-off hardens after two decades of failed deals

Direct talks this weekend trod a familiar path of tortuous and frustrating diplomacy between Washington and Tehran

Economy Financial Times
US and Iran fail to reach deal after marathon talks

Negotiations foundered over Tehran’s unwillingness to concede ground on nuclear weapons, says JD Vance

Economy Financial Times
Fees for seas: a history of taxing waterways

From Ottoman Sultans to Danish kings, Iran’s toll system for Strait of Hormuz revives an old maritime fight

Economy Financial Times
Brexiters turn their backs on Trump after Iran chaos

Nigel Farage and Kemi Badenoch distance themselves from the US president, having once celebrated his example

Economy Financial Times
Commodity traders lost ‘billions’ in early days of Iran war

Firms that normally profit from volatility were caught out by sudden rise in energy prices, new report finds

Economy Financial Times
Wall Street banks set to report $40bn trading haul as Iran war …

Five largest US lenders expected to unveil highest combined trading revenues since at least 2014

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