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Top Headlines from the UK Edition
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Oil cargo prices surge as fears of supply shortage grip market
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| Address by Trump signalling possible escalation of Iran conflict raises prospect of prolonged closure of Strait of Hormuz |
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Donald Trump fires US attorney-general Pam Bondi
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| Loyalist’s exit comes after pressure over her handling of files related to Jeffrey Epstein |
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OpenAI acquires popular tech talk show for ‘low hundreds of millions’
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| ChatGPT-maker moves into broadcasting with deal for TBPN after it had pledged to abandon ‘side-quests’ |
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Trump administration announces new tariffs on pharmaceuticals
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| White House also rolls back levies on some metals in an attempt to simplify duties |
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The case for Trump’s tariffs looks strong a year on from ‘liberation day’
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| Economists’ lurid forecasts of disaster have not been realised |
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Top Headlines from the International Editions
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Willie Walsh is that rarity in India — a foreign chief executive
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| While Indians run some of the world’s biggest finance and tech companies, the country’s own aviation sector needs to import talent |
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SpaceX IPO is Musk’s biggest financial moonshot
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| Tech showman seeks to tap the Fomo factor with a market sales pitch for the ages |
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Blue Owl struck by $5.4bn of redemption requests
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| Private credit firm caps withdrawals after investors attempted to pull more than 40% from one fund |
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Tesla reports weaker than expected 6% rise in global deliveries
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| Slow first-quarter demand left carmaker with more than 50,000 unsold units at start of year |
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Goldman and Citi tell Paris staff to work from home after thwarted BofA attack
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| US authorities warned the banks of potential security threats |
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How an energy crisis unfolds
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| The lasting effects of a best-case scenario |
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Hackers steal $280mn from decentralised finance crypto exchange Drift
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| Loss equates to about half of total US dollar value on deposit with platform popular for trading perpetual derivatives |
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Investment trusts call for UK rule change to frustrate activist investors
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| Attempt by Boaz Weinstein’s Saba to take over EWIT’s board has prompted plea for regulatory overhaul |
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AA attracts interest from EQT as it prepares for £5bn sale
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| UK roadside recovery business attracts multiple suitors as owners seek exit |
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Revolut fined in Italy over misleading fee information in adverts
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| Competition watchdog singles out advertisements suggesting customers could trade with no commission |
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Marks and Spencer demands urgent action by ministers to tackle ‘brazen’ UK shoplifting
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| FTSE 100 retailer urges the government and London mayor to better support the police |
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Air France-KLM and Lufthansa battle for stake in Portugal’s flagship airline
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| Franco-Dutch and German carriers have been eyeing TAP privatisation for months |
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UK urges pharma companies to invest after reaching drug pricing deal with US
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| Accord will result in higher medicines spending in Britain in exchange for exemption from threatened Trump tariffs |
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MPS turmoil could turn it from predator to prey
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| Bank’s stock has fallen by a fifth this year, twice as much as the European banking index |
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City grandee Ian Cheshire favourite to be named Ofcom chair
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| Former Kingfisher boss vying for key internet and broadcast regulation role with politicians Margaret Hodge and Jeremy Wright |
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Can UK house prices survive another economic shock?
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| The housing market looks to have made it through the crises of the 2020s unscathed — but they have weakened it significantly |
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An all too special relationship
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| Maga leaders obsess over an imagined version of a long-lost Britain |
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The UK’s unpleasant energy exposure
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| The vulnerability stems from history and geography rather than failed policies |
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Buckling up for the stagflation trade
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| What can investors do? |
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Car park collapse is a warning to leaseback-loving retailers
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| UK supermarkets that sell and then rent back their property should take note of NCP’s failure |
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