Financial Times
Shares fall 14% in pre-market trading, extending a decline fuelled by concerns technology will hit business model
Bloomberg Markets
India’s central bank approved the re-appointment of Keki Mistry as part-time chairman of HDFC Bank Ltd., months after the abrupt resignation of his predecessor sparked questions about governance issues at India’s largest private-sector lender.
NY Times Business
Bank of England policymakers kept interest rates on hold, saying the impact of the war in Iran was still a major source of uncertainty for the economy.
Bloomberg Markets
A panel of South African lawmakers that is conducting an inquiry into whether President Cyril Ramaphosa should be impeached over his handling of a robbery at his game farm said it will oppose his application to halt their work.
Bloomberg Markets
The end of the Iran war is reviving investor appetite for stocks outside the US, according to Scott Geary, the head of global wealth at Wellington Management.
Bloomberg Markets
President Donald Trump and his team had several red lines that they used to justify the US war against Iran. At a press conference on Wednesday, Trump largely brushed them aside.
Traders dumped short-term Treasuries and piled into betting on interest rate hikes as soon as next month after Kevin Warsh used his debut press conference as Federal Reserve chairman to make clear the central bank won’t tolerate high inflation.
The Opening Trade has everything you need to know as markets open across E
Bloomberg Markets
US equity futures climb and oil slumps as energy shipments begin to pass through the Strait of Hormuz following the signing of an interim deal between Washington and Tehran. Front-end Treasury yield jumps after Fed Chair Kevin Warsh's debut news conference. Christopher Hodge of Natixis discusses the potential changes at the Federal Reserve. Bloomberg's Francine Lacqua speaks to PhysicsX CEO & Co-Founder Jacomo Corbo on AI innovation at the VivaTech conference in Paris. (Source: Bloomberg)
Financial Times
Defence secretary announced decision as he scolded Nato allies for failing to support Washington in Iran war
Yahoo Finance
Bloomberg Markets
The Bank of England held interest rates at 3.75% as it said the recent fall in oil prices was “encouraging,” even while two policymakers voted for an immediate quarter-point hike over concerns of persistent inflation. Bloomberg's Lizzy Burden reports. (Source: Bloomberg)
Bloomberg Markets
Brazil’s federal police targeted Senator Jaques Wagner, the government leader in the upper house, as part of an investigation into alleged irregularities linked to Banco Master, according to a person with knowledge of the matter.