Public Investment Fund focuses on domestic investments ahead of country hosting 2034 World Cup

President Lula lashes out at lead election rival Flávio Bolsonaro over US lobbying effort

An outbreak of peacemaking that should rank as a minor miracle in a troubled world

Adani investment reflects shifting economics of clean baseload power

Kyiv hits oil terminal after deadly Russian strikes on Ukrainian cities

Also in this newsletter: Counterfeit cigarette use surges across Europe, new report finds

Budapest has to find projects for €10bn from pandemic recovery fund which lapses in December

Abhijeet Dipke, leader of viral youth movement, to lead demonstrations calling for education minister to step down

Application from Freedom Holding for French banking licence comes as US watchdog examines enforcement action

Risk of war is the bleakest warning of Brendan Simms’ book on the competition between the US, Russia and China

From dawn to dusk, anglers flock to the city’s waterfronts. Here’s where locals have cast their lines for generations

Beijing warns brokers about overseas share sales amid fears of capital flight

President Claudia Sheinbaum says Washington must ‘respect’ internal issues in dispute over US indictments of politicians

A new wave of supply chain conflict is brewing

Effort has driven up prices and prompted calls to restrict sales of a vital national security resource to overseas buyers

Also in this newsletter: Magyar meets Merz and Macron

Tata Power and Adani Group among conglomerates seeking approval for plant construction

Transaction is the latest in shift towards local management for well-known foreign brands

Maker of WeChat has fallen behind domestic rivals in artificial intelligence models

Also in this newsletter, Indian stock markets continue to struggle