World News Feed
Latest news from trusted sources around the world
Anglo Selects Penny’s Group as Preferred Bidder for De Beers
Anglo American Plc has selected a group led by De Beers’ former boss Gareth Penny as the preferred bidder for its sale of the world’s …
Apple Briefly Tops Nvidia as World’s Most Valuable Company
Apple Inc. briefly overtook Nvidia Corp. as the world’s most valuable company, a title the chipmaker has held since May 2025.
Chips Stocks Sink Into Bear Market as 105% AI Rally Fizzles
A closely watched index of semiconductor stocks fell into a bear market, unwinding a chunk of the blistering memory-led rally that saw the gauge more …
Dangote Taps $2.5 Billion in Private Share Placement Before IPO
Aliko Dangote has nearly completed a $2.5 billion private stock placement for his refinery business, according to people familiar with the matter, as the company …
Citi’s Manthey Says Broadening Requires Sharp Stock Rotations
Sharp stock rotations are necessary for the equity rally to broaden beyond the tech sector, according to Citigroup Inc.’s Beata Manthey.
Airbus Wins Major Order from Air China to Firm Regional Hold
Airbus SE won an order from Air China for 15 A350-900 widebody aircraft as well as 40 A320neo series for its Shenzhen Airlines subsidiary, with …
US Stocks End Week Lower on Fears of Another ‘DeepSeek Moment’
US stocks finished the week lower as semiconductor names dipped following the reveal of an artificial-intelligence model from a Chinese startup.
Crop Markets Mixed on Shipping Worries, US-China Trade Concerns
Crop markets were mixed Friday amid lingering tensions in the Black Sea and Strait of Hormuz, as well as concerns over US trade ties with …
‘Sea of Red’ Hits Emerging Stocks as AI Concerns Jolts Markets
Emerging-market stocks slumped, with a key gauge sliding into technical correction on mounting concerns the outlook for artificial intelligence no longer justifies the industry’s elevated …
Hong Kong Stocks’ Discount to China Widens on Liquidity Pressure
Hong Kong stocks’ valuation discount to their mainland-listed counterparts is widening, driven largely by liquidity strains and Beijing’s crackdowns on capital outflows.
India Chemical Shares Surge on Hormuz Disruption, Better Pricing
For the broader rally to sustain, demand will need to recover too.
Industrial Metals Decline as Traders Weigh Fed Rate Outlook
Base metals retreated on Friday as traders weighed the likelihood of higher interest rates and their negative impact on demand.
Gold Trims Weekly Drop on Dip-Buying Despite Rate Hike Odds
Gold trimmed its weekly loss as some investors bought on dips after the precious metal broke below a key price level, even as escalating war …
Chip Stocks Slide Into Bear Market in AI Unwind: Markets Wrap
A selloff in chipmakers gathered pace, driving the high-profile group of stocks to a bear market on worries that the artificial-intelligence spending spree is becoming …
Latest Oil Market News and Analysis for July 17
Oil headed for its biggest weekly advance since April as the escalating conflict between the US and Iran disrupted supply from the Middle East.
CoreLogic Wraps Up $5.25 Billion Debt Deal With Hefty Yields
CoreLogic Inc. raised $5.25 billion from a debt sale after amending the terms and offering some of the year’s highest yields in response to lukewarm …
How the Iran War Is Rewiring the Oil Market
The US-Israel war with Iran was supposed to blow up energy markets, but that hasn’t happened yet. In this weekly documentary, Bloomberg Originals explains why.
Sweetgreen Shares Slide to Three-Month Low on Cyclosporiasis Outbreak Fears
Sweetgreen Inc. has lost more than a quarter of its market value in just four days as investors dump the stock due to fears about …
Spain Extends Welcome Mat for Chinese Carmakers to Its Workers
Spain’s biggest Chinese industrial investment will rely on workers brought in from China during construction, according to a government report that lays out Madrid’s blueprint …
Balbec Secures $930 Million in Commitments for Asset-Based Credit Fund
Alternative asset manager Balbec Capital LP has obtained commitments of more than $930 million for its latest flagship fund that will invest in a variety …
India’s Maruti to Fight Order to Replace Car Over Ethanol Damage
Maruti Suzuki India Ltd. said it will challenge a consumer court order asking the nation’s largest carmaker to replace a vehicle over alleged damage from …
Ladbrokes Owner Entain to Cut 2% of Staff as UK Taxes Hit
Entain Plc will cut 500 jobs, or about 2% of its global workforce, as the gambling industry grapples with higher UK taxes, tighter regulation and …
Multistrat Hedge Fund Paloma to Cut Teams in Latest Pivot
Donald Sussman, the veteran behind Paloma Partners, is pivoting his long-standing multistrategy hedge fund to focus on fewer managers in which he has the highest …
TSMC Says AI Boom Will Go Another Three Years, Defying Skeptics
The chipmaker is sharply increasing its capital spending and sales projections for the year.
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