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Today News

02

Slash tax on profits from Russia’s frozen assets, US urges allies

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Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep Singh

Friday, Apr 19

00

Nvidia drops 10% as investors see risk in Big Tech shares

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US stock markets suffer their worst run since October 2022 as investors pull back from AI bets

Trump’s $175mn bond should be invalidated, New York attorney-general says

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Letitia James’s office says former president should have to post a new bond while he appeals against civil fraud judgment

23

Jeremy Hunt targets further 2p cut in national insurance

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Tories aim for pre-election announcement despite warnings from IMF about UK’s fragile finances

22

Democrats back Republican Speaker’s plan to advance US aid to Ukraine

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Move sets stage for Saturday vote that could unlock $60bn in support for Kyiv

Investor nerves tested as market themes unravel

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Magnificent Seven tech stocks have come off the boil but is it just a blip?

21

Military briefing: the Israeli missiles used to strike Iran

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Wreckage photographed in Iraq indicates how Israeli jets hit back at Tehran from afar

20

Is the global economy stumbling into ‘the tepid Twenties’?

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Growth is picking up in the short term, but fears are mounting of a stagnant decade, with bleak political consequences

Netanyahu’s Iran gambit leaves chance of avoiding all-out war

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Attack does not compel Tehran to respond, say former officials and analysts, though they fear a line has now been crossed

Xi Jinping tightens grip on China’s military with new information warfare unit

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Beijing launches restructuring of armed forces as it challenges US dominance in Pacific

Biden’s containment migraine

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The balancing act could get even trickier in the coming days

UK inflation could stay near 2% target for three years, says BoE rate-setter

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Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cuts

Israel launches calibrated retaliatory strikes against Iran

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Officials and diplomats indicate attacks were limited and sought to avoid full-blown escalation

PwC’s Evergrande audits set to face new probe by Hong Kong regulator

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Apparent whistleblower report cites concerns over firm’s work for collapsed Chinese developer

Serious Fraud Office reviews cases after software problems

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UK agency to look at past and present investigations as fresh issues emerge over evidence disclosure

19

Oil market shrugs off Israeli strikes on Iran

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Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacks

Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’

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Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling

Jane Street loses bid for restraining order against Millennium

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High-speed trading firm sued hedge fund last week over lucrative options trading strategy it claims were stolen

Unease about Iran is bringing Arab states closer together

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The standoff with Israel has done little to raise Tehran’s regional standing

18

Markets are a frog in boiling water on Iran-Israel

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While the reaction to the latest hostilities has been tame, the global economy is too fragile for a new crisis

Shareholders of Royal Mail owner hit out at Křetínský’s ‘insulting’ approach

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The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected

UK watchdog sends fresh warning to water utilities over dividends

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Ofwat criticises failure to improve infrastructure in letter seen by Financial Times

Apple removes WhatsApp from China store under pressure from Beijing

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Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’

17

Employment law is a minefield for bosses and workers

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The backlog of cases at tribunals, often seeking compensation for minor slights, serves no one except the lawyers

EY’s Wirecard audits marred by ‘repeated grave’ violations, says watchdog

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Big Four firm botched audit work and quality control over several years, Apas concludes in multiyear investigation

Subsidy race with US and China would harm Europe’s ailing economy, IMF warns

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Fund urges EU to avoid ‘protectionist’ policies and focus on cutting internal trade barriers

15

Don’t let your pension run out of money

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Drawdown investors need to be prepared for high inflation or a market crash

14

A contrarian take on the US inflation freakout

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Not as bad as it looks — better for the Fed to keep calm, and carry on?

How to harness the power of colour in your home

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Colour is used by architects and designers for many reasons but can the psychology behind it help you sort out your own interior dilemmas?

Israel and Iran pull back from the brink

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While risk of immediate all-out war has been averted, the danger for Middle East has far from passed