UAE’s Sidara bids £242mn for Wood Group just months after offering £1.5bnNews Feed
Offer underlines scale of fall in UK-listed group’s value as accounting and governance issues mount
Belgian insurer Ageas agrees £1.3bn deal for UK’s esureNews Feed
Acquisition will expand group’s motor and home insurance business
China says ‘sky won’t fall’ as exports surge ahead of Trump tariffsNews Feed
Rush of shipments preceded escalation of trade war between world’s two biggest economies
EU to give €1.6bn to Palestine amid Israel’s expanded Gaza offensiveNews Feed
Also in this newsletter: should the EU introduce an ‘Amazon tax’?
Even Cathie Wood thinks the US is entering a recessionNews Feed
Whatever happened to that 7% growth rate?
Top pension funds cool on USNews Feed
Plus, Treasury market turmoil, gold surges, and David Hockney at Paris’s Fondation Vuitton
FTAV’s further readingNews Feed
Mortgages; Max Romeo; markets; Broadway; Howard Lutnick; Monty Python; teeth; and nuclear power
Global stocks lifted by US reprieve for Trump’s tech tariffsNews Feed
President suggests need for ‘flexibility’ but insists smartphone carve-out is temporary
The tariff crisis is not existentialNews Feed
And lessons from ‘73
Italy’s biggest refinery in crisis three years after sale by Russia’s LukoilNews Feed
Greek billionaire who is now facility’s majority investor clashes with Trafigura over terms of crude supply deal