Starmer battles calls to resign over Mandelson vetting
Conservatives refuse to accept prime minister’s move to shift blame by sacking top Foreign Office official
Adani overtakes Ambani as Asia’s richest man after Iran war hits oil
Middle East conflict weighs on Ambani’s petrochemicals-dependent empire
Transcript: Will the energy shock change global trade imbalances? With Brad Setser
Soumaya Keynes speaks to Brad Setser
French telecoms groups raise takeover offer for Patrick Drahi’s SFR
Deal would be a key test of antitrust regulators’ views on in-market consolidation
Foreign Office top civil servant forced out over Mandelson vetting fiasco
Olly Robbins leaves post as Starmer accused of misleading MPs about ex-minister’s appointment as ambassador to US
What kind of rally is this?
Plus Treasuries’ declining convenience yield
Uber expands its stake in Delivery Hero in €270mn deal
German delivery group’s largest shareholder Prosus has agreed to reduce its stake over EU competition concerns
Transcript: Boing! Springtime for the markets
Katie Martin talks to Robert Armstrong
Systemic risk or BUST?
Unfortunate financial acronyms
Energy crisis relief must support green goals, says EU climate chief
Also in this newsletter: EU lawmakers clash over bank capital rules
FirstFT: Mandelson fiasco takes down UK Foreign Office official
Also in today’s newsletter: Israel-Hizbollah ceasefire and German economy stagnates
Transcript: Fresh challenge for US Treasuries dominance
Sonja Hutson talks to Elettra Ardissino and Miles Johnson
Jardines and CK Hutchison pursue Hong Kong supermarket megadeal
Merger of ParknShop with Wellcome would create a dominant player in the territory’s food retail market
Europe embraces mega M&A
The EU is planning its biggest relaxation of corporate merger rules in decades
Latest AI models could threaten world banking system, financial officials warn
Anthropic’s new Claude Mythos Preview model could expose vulnerabilities in lenders’ cyber defences
Wall Street banks start trading derivatives to bet on pain in private credit
JPMorgan and Barclays are among those offering CDS on Apollo, Ares and Blackstone funds
Benefits of Labour’s ‘halfway house’ Brexit policy not clear, says election expert
Analysis of polling data shows voters on the left prefer ‘rejoin’ over government’s current stance
How Trump turned Iran into a stationary bandit
Tehran’s new ability to charge tolls in the Gulf is a powerful bargaining chip
Humanoid robot chases wild boars off the streets of Warsaw
Video of Rolex-wearing robot goes viral as it becomes Poland’s first robotic influencer on social media
Why we must shield our children from social media
Protecting kids from techno-oligarchs is a legal and moral duty — and other governments should follow Spain’s example
Merger rules to favour scale and innovation, says EU competition chief
Teresa Ribera said new guidelines will broaden criteria for assessing mergers
UK farmers face tough choices as war pushes up costs
Fertiliser and fuel prices have risen against a backdrop of depressed wheat and milk markets
Why Coutts is making an unexpected play for video games
The over 300-year-old lender is touting its status as a major banker to the sector
Recruiters hit by hiring slowdown in Europe
PageGroup chief warns Iran war has heightened uncertainty in hiring outlook for the rest of the year