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10

JD Sports to deepen US reach with $1bn bid for Hibbett

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Aggressive acquisitions have pushed sportswear chain into more than 30 countries

De Beers’ diamond output drops after slow recovery triggers production cut

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Anglo American unit’s output down 23% as luxury pullback and emergence of lab-grown gems take toll

Ardian agrees to sell Audiotonix stake to PAI in near £2bn deal

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Transaction for UK music equipment maker is the latest example of buyout activity picking up

UK grocery inflation falls to 30-month low

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Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offers

Hong Kong’s biggest IPO of 2024 flops

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Shares of Chinese bubble tea chain ChaPanda drop as much as 38% on first day of trading

09

UK borrows more than expected in March and full fiscal year

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Data will be disappointment for chancellor as he considers tax cuts ahead of general election

IEA bullish on electric vehicle sales in 2024

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Energy watchdog’s forecast runs counter to sentiment among many carmakers struggling to sell battery-run vehicles

08

Slumping EV sales should not ring alarm bells in Europe — yet

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European carmakers should use this market slowdown to play catch-up with Chinese rivals

07

TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington

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Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban

Revolut plans advertising sales push as it waits for banking licence

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The London-based fintech has hired a TikTok executive to lead a ‘media strategy’ as it seeks to diversify revenues

China’s ageing tech workers hit by ‘curse of 35’

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Discrimination against older employees particularly apparent in sector where executives openly state preference for youth

How the secret of sleep keeps us awake

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Businesses can keep exploiting our tiredness while scientists seek to explain the mechanics of it

BCG says AI consulting will supply 20% of revenues this year

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CEO projects share of sales will double as companies integrate technology into operations

Investors price in growing chance of another Fed interest rate rise

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While base case remains reduction in borrowing costs, options market shows a 20% probability of increase

Ogilvy forms health influencer unit to target ‘new frontier’ in marketing

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WPP-owned advertising agency seeks to tap trend for seeking medical information on social media

Can long-term mortgages help solve the UK’s housing crisis?

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Home loans with interest rates fixed for a decade or more could get more buyers on to the ladder — and disrupt a £1.6tn industry

Thames Water crisis prompts jitters over ‘gold standard’ debt model

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Investors grow nervous over financing technique likely to be used by government for future projects

The White House knows that the global south has a point

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Rich countries espouse active industrial policy at home while continuing to impose outdated policies abroad

UK creatives warn ‘superpower’ status at risk without investment

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Artists and executives call on next government to focus on ‘reinvigorating our international reputation’

How US shale keeps sheltering America from the next oil price surge

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Middle East turmoil no longer poses such a threat to the world’s thirstiest petrol consumers

Will the UK’s rejection of EU overtures on youth mobility last?

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Brussels’ offer to open talks has been rebuffed but the prospect of a deal is still possible, say experts

05

India seeks to secure critical mineral resources in race for lithium

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New Delhi pushes for exploration in Latin America and Africa and auctions domestic mining blocks

Vodafone’s India unit staves off collapse after record $2.2bn fundraising

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Country’s largest share sale draws investors including GQG Partners and Fidelity

New York police arrest NYU protesters as US campus tensions rise

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Apprehensions also made at Yale, while Columbia moves to online classes amid furore over Gaza protests

04

Trump masks his rage as ‘hush money’ trial starts

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With his freedom at risk, former US president scowls but sits silently at the start of testimony in his criminal trial

02

Sunak gets Rwanda bill through parliament

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House of Lords abandons efforts to amend legislation to underpin prime minister’s contentious removals plan

01

Biden tells Zelenskyy US weapons will arrive ‘quickly’

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President expected to sign law unlocking long-delayed $60bn in funding for Ukraine this week

Israel has not provided evidence to support UNRWA claims, report says

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Independent review commissioned by UN says relief agency needs to improve neutrality

FTC sues to block $8.5bn deal between the makers of Michael Kors and Coach

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Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury goods powerhouse