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Starmer challenged in cabinet over Mandelson scandal as ministers step up criticism
Home secretary questions PM’s praise of Olly Robbins days after sacking him and first Labour MP calls on leader to quit
Oil Servicer Weatherford Sees War Impacts Deepening This Quarter
Weatherford International Plc., one of the world’s largest oilfield-service providers, is warning that a hit to earnings in the wake of the Iran war will …
Switzerland hits UBS with proposed $20bn capital increase
Federal Council sets out plans for banking reform after months of lobbying by country’s biggest lender
Energy traders dig in for a long Iran war
Vitol, Trafigura and rivals expand credit lines in anticipation of prolonged disruption to global oil and gas flows
Warsh’s data preferences risk costly inflation mistake
Trimmed-mean measures paint a favourable picture — they did the same, wrongly, in 2021 and 2022
Bessent Says US Allies in Gulf, Asia Requested Swap Lines
Treasury Secretary Scott Bessent said Wednesday that many Persian Gulf allies along with a number of Asian nations have requested foreign exchange swap lines with …
GE Vernova Soars as Quarterly Orders Topped All of Last Year
GE Vernova Inc., one of the world’s only makers of big natural-gas turbines, soared the most in intraday trading since mid-December after its electrification unit …
Boeing Narrows Cash Burn in First Quarter as Deliveries Rise
Boeing Co. reported lower-than-expected cash outflow as it delivered the most aircraft in the first quarter since 2019, continuing its recovery with higher output and …
Rogers Hits Estimates, Boosts Cash Outlook on Spending Cut
Rogers Communications Inc. matched analysts’ earnings estimates and raised its 2026 outlook for free cash flow as it cuts capital spending. The shares jumped the …
FirstFT: Trump extends Iran ceasefire
Also in today’s newsletter: SpaceX strikes deal to acquire code-editing start-up Cursor and a new podcast series on the history of money
France and Germany extend deadline to try to save joint fighter jet
Mediators have until April 28 to overcome power struggle between Airbus and Dassault Aviation
Population collapses of yore
Poring over precedents for China’s prospective population plummet
Exxon Mobil Is Said to Consider Sale of Hong Kong Gas Stations
Exxon Mobil Corp. is exploring a sale of its gasoline station network in Hong Kong, according to people familiar with the matter, as the US …
Greece Announces Fresh Relief Measures After Budget Outperforms
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
UK taxes on wages rose more than in any other rich country …
Increase reflects higher employer national insurance contributions and fiscal drag
UK inflation accelerates to 3.3% in March as petrol prices jump
Figure underlines economic impact of the Middle East conflict
Nordea Traders Hit by Losses on Surging Rates Expectations
Nordea Bank Abp’s rates traders were wrong-footed in March when the Iran war caused a rapid change in the market outlook for monetary policies.
European Gas Resumes Advance Amid Uncertainty Over Iran Talks
European natural gas resumed its advance as uncertainty over the duration of the supply disruption from the Iran war persisted, even as Washington extended a …
Reckitt’s Sales Weighed Down by Cold Drugs, Iran War Fallout
Reckitt Benckiser Group Plc reported weaker-than-expected sales on lackluster demand for its cold and flu medicines in the US and as the conflict in the …
Iran accuses US of violating international law over vessel seizure
Iran’s ambassador to UN also accused Washington of ‘continuing internationally wrongful acts’ that breached ceasefire agreement
Traders Push Korea Leveraged Bets to Record as Chip Stocks Rally
Leveraged bets on South Korean equities jumped to a record as the return of the artificial intelligence trade prompts retail investors to chase a rally …
Vietnam Taxi Firm GSM Expects to Hold IPO in 2028, Founder Says
Vietnam’s ride-hailing taxi Green & Smart Mobility JSC, which is owned by the country’s richest man, plans an initial public offering in the second half …
Prudential Financial extends Japan sales pause after mis-selling scandal
Insurer says changes will take longer to implement than had been expected
Oil Holds Advance as Trump Extends Truce But Maintains Blockade
President Trump says the US would not launch fresh attacks on Iran but will keep blocking ships linked to the Islamic Republic until “discussions are …
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