Proposed IRS code changes would alter the calculus for SWFs to invest in America
Senior Vitol trader met US president at White House last week and gave millions of dollars to his re-election campaign
British public sector broadcaster will make unique shows for the platform and generate revenue from ads overseas
Rift between Francesco Gaetano Caltagirone and Luigi Lovaglio over Generali stake threatens to unseat CEO
Small Akron-based firm hired to inspect inventory at bankrupt manufacturer’s off-balance sheet vehicles
Kikkoman seeks to capitalise on Japanese cuisine’s popularity abroad amid shrinking population at home
Radical ‘open-fan’ design part of proposals to help meet Boeing and Airbus demands for lower fuel consumption
Prediction market providers strive to boost liquidity so they can take on gambling groups with multi-leg bets
Shares in the world’s largest oilfield services company have risen by 14% since US capture of Nicolás Maduro
Australian producer Fortescue says China Mineral Resources Group is ‘key risk’ for market as Beijing seeks more leverage
American investors galvanised by possibilities of technology they hope can power expected AI boom
Also in today’s newsletter: US strikes first sales on Venezuelan oil and Wall Street banks’ equity trading businesses lift profits
Mitsubishi Corporation’s purchase of Aethon will bolster its gas portfolio as energy demand soars due to AI
Chiefs of finance groups including Zurich and BNP Paribas call for formal goal of supporting growth and competitiveness
Goldman Sachs and Morgan Stanley reported bumper earnings buoyed by a dealmaking boom and rising stock markets
Jonathan Benger tells FT that health service payments should not rise for years to come
It’s a lonely time to be a crusader for tougher regulations of lenders, at least outside of Switzerland
President’s freewheeling policy proclamations send shockwaves through companies and financial markets
Beijing has been promoting the funds as a way to boost the market during turbulence
Taxing times
First big initiative backs projects that tackle hate and discrimination
Two new openings this year will mean little Islay has a dozen distilleries, where the once humble factory tour is being taken to new heights
The EU is proposing a new way to allow Ukraine to join the bloc, and it was the best…
First data released on impact of blocking children’s access to platforms as other countries monitor progress
President urges nation’s largest grid operator to have data centre companies bid for contracts to build power plants
Influencer Ashley St Clair claims Grok chatbot created ‘countless’ sexual images of her without her consent
Producer of ‘ET’, ‘Indiana Jones’ and ‘Back to the Future’ will continue to make movies
Korean behemoth’s struggles with advanced AI memory have turned customers towards its more commoditised products
Agreement will reduce tariffs on goods from the country to 15%
Brent crude falls more than 4% as oversupply fears return
Best year for investment banking since 2021 on busy day of earnings
Chief David Solomon says Goldman had largest backlog of deals since pandemic
Wall St chief wants AI to reshape bank but the question is how exactly it will measure success
Compared to other clean energy sources, the value of SMRs lies in scale not speed
Charlie Ergen’s future will probably be guided by what happens to Elon Musk’s company
Temporary reliefs are a sticking plaster for a tax that needs reform
