Two accountants probed over Vistry financial forecasts
Investigation by UK regulator comes after housebuilder’s profit warnings and exit of executive chair
ExxonMobil joins corporate migration to Texas amid investor activism battle
Oil giant said it expects to benefit from more ‘reasonable, productive decisions’ in Lone Star state
FirstFT: Oil falls as Trump says Iran war will end ‘very soon’
Also in today’s newsletter: Goldman’s discrete shorting strategy, and Chinese exports surge
Reform UK says it would reverse fuel duty increase and scrap net zero initiatives
Nigel Farage set to announce spending cuts with claimed savings to the government of £13.5bn a year
Renault to cut reliance on Europe amid China onslaught
French carmaker targets push in India and other emerging markets
Scrapping jury trials won’t speed up justice
There is no perfect solution to cutting court backlogs — it is a matter of trade-offs
Saudi Aramco chief warns of ‘catastrophic consequences’ for oil market
World’s biggest oil company will be able to export about 5mn barrels a day of crude soon, says Amin Nasser
VW warns on costs amid geopolitical uncertainty
German carmaker says it must ‘rigorously’ cut costs as wars and tariffs cloud outlook
Lego chief hits out at Danish wealth tax proposal
Niels Christiansen says Mette Frederiksen’s idea would ‘drain quite a lot of capital out of companies’
Five water companies can raise bills by 2.2%, UK competition authority rules
Permission comes on top of 24% average increase previously given by industry regulator Ofwat
The prescience of Valley of the Dolls
Sixty years after it was published, the pulp fiction classic is embedded in pop culture and the fashion imagination
Khamenei martyrdom narrative smooths path for son’s rise
Regime invokes religious history to galvanise support from Shia groups after the ayatollah’s assassination
The thing that everyone expected to happen has happened
Trump wants the war to be over
Convenient dollars, inconvenient Treasuries?
Special money
Europe considers tapping oil reserves as G7 seeks to smother energy crisis
Also in this newsletter: Ukraine’s pipeline stand-off leaves Brussels deeply frustrated
Oil price surge puts Takaichi’s honeymoon at risk
Reliance on energy imports exposes Japan to volatility and could delay interest rate rises
Yann LeCun’s AI start-up raises more than $1bn in Europe’s largest seed round
Meta’s former chief AI scientist launches AMI Labs with backing from Nvidia, Temasek and Jeff Bezos
Can the G7 release enough oil to calm the market?
Analysts are sceptical that releasing strategic reserves would solve the problems in the Gulf
FTAV’s further reading
UK x AI; Ticketmaster; cabbages; insurance; management consultants; Schelling; and salaries
Europe looks to shield consumers from high energy prices
France and Italy are monitoring petrol prices for evidence of price gouging
Goldman pitches a new big short
The Wall Street bank has been calling hedge funds with a strategy to short software loans
Board games maker to be first private company traded under UK’s ‘Pisces’ system
‘Outsmarted’ maker QPlay will use trading platform operated by JP Jenkins ahead of London Stock Exchange’s first foray
‘Exceptional’ wetness points to climate change future, say scientists
Pattern of weather extremes as global temperatures reach 1.49C above preindustrial levels for the month of February
Roy Chan can turn you into Austin Butler
A workout with Hollywood’s hottest personal trainer