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FirstFT: Brussels warns of ‘long-lasting’ energy shock
Also in today’s newsletter: Hormuz talks and US banks in Paris
The art of the deal eludes Trump in Iran
The US president’s playbook is leaving him with few good options to end the war that he started more than a month ago
Trust fund battle shows the limits of the UK’s retail investing culture
If policymakers really want an active retail investing culture, they should remove the frictions
Preventive wars have weakened America
Resorting to force when there is time for diplomacy is needlessly destabilising and tends to end in failure
How Nelson Peltz chalked up another corporate break-up at Unilever
‘Unbelievably pushy’ activist investor backed $66bn carve-out of century-old food business
Venezuela’s Rodríguez erases images of past leaders
US-backed interim president replaces slogans, colours and faces of Chavismo movement as she consolidates power
‘Epic’ cyclone Narelle spreads damage and disrupts mines and gas
Skies turned blood red in Western Australia ahead of tropical system that travelled for more than 6,500km
In Tehran, neighbours wonder where the next bombs will land
Residents are left guessing which regime target might live alongside them as strikes rain down on Iran’s capital
Indonesia Flags Tightly Held Companies in Effort to Satisfy MSCI
Indonesia took fresh steps to provide more stock market transparency by naming a clutch of companies including tycoon-linked PT Barito Renewables Energy and PT Dian …
Indonesian Finance Minister Purbaya on Growth, Stability
Indonesia will hold off raising subsidized fuel prices despite ongoing oil shocks from the Iran war, with Finance Minister Purbaya Yudhi Sadewa warning any hike …
China Services Gauge Slows After Boost From New Year Holiday
China’s services activity expanded at a weaker pace in March, a private survey shows, pointing to sluggish consumer demand after a lift from a long …
Japan Power Retailers Halt New Industrial Clients on Fuel Risks
At least two of Japan’s biggest power retailers have temporarily stopped accepting new industrial clients, pending greater clarity on fuel markets upended by the war …
Japan’s Fast Retailing Profit Grows on Uniqlo, Seven & i Mixed
Japan kicks off its earnings season with the owners of Uniqlo and 7-Eleven stores. Earnings from the retail giants are expected to be a mixed …
Treasury Bonds Fall on Strength in March Payrolls: Markets Wrap
US Treasury bonds fell after a stronger-than-forecast reading on March employment prompted traders to pare bets on interest-rate cuts. Earlier, Asian stocks rose on optimism …
Pete & Gerry's CEO: Overpopulation Lowering Egg Prices
Pete & Gerry's CEO Tom Flocco discusses how overpopulation is reducing the price of eggs for consumers, egg industry challenges, and the rise of protein. …
Willie Walsh is that rarity in India — a foreign chief executive
While Indians run some of the world’s biggest finance and tech companies, the country’s own aviation sector needs to import talent
Complex CEO on Launch of 'Complex Bets' with Fanatics
Complex CEO Aaron Levant discusses teaming up with Fanatics to launch 'Complex Bets', a sports betting and trading content platform aimed at bringing pop culture …
British Columbia Gets Fifth Credit Downgrade From S&P Since 2021
British Columbia, the western Canadian province that once boasted a top AAA credit rating, was downgraded by S&P Global Ratings for the fifth time since …
Cirincione: Don't Expect Negotiated End to Iran War
Center for International Policy Vice Chair Joe Cirincione discusses President Trump feeling the pressure as oil continues to surge on prolonged war fears, and why …
Bond Traders Set Up for Jobs Data With Iran War Still Main …
Bond traders torn between growth and inflation concerns are setting up for a key read on the US jobs market, even as the continuing hostilities …
How an energy crisis unfolds
The lasting effects of a best-case scenario
Trump fires US attorney-general Pam Bondi
Loyalist’s exit comes after pressure over her handling of files related to Jeffrey Epstein
Oil jumps after Donald Trump’s remarks dash hopes of end to war
West Texas Intermediate settles at highest since mid-2022 on US president’s threat to hit Iran ‘extremely hard’
OpenAI acquires popular tech talk show for ‘low hundreds of millions’
ChatGPT-maker moves into broadcasting with deal for TBPN after it had pledged to abandon ‘side-quests’
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