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Top Headlines from the UK Edition
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Nigel Farage’s Reform UK hammers Tories and Labour in local election rout
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| Big two parties lose ground while rightwing rival surges in council and mayoral polls |
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US stocks wipe out steep losses that followed Trump’s ‘liberation day’
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| Rally in Wall Street’s S&P 500 share index comes after labour data shows 177,000 jobs were added in April |
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Dubai draws Swiss family offices tired of tax and regulation
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| A confluence of factors from disclosure requirements to a potential 50 per cent wealth tax is weighing on the country |
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‘Apocalyptic’: Tory wipeout as Nigel Farage storms English councils
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| Reform party’s rout in local elections poses huge challenges for Conservatives and Labour |
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The Conservative party is losing a fight to the death
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| Britain does not have a populist problem. It has an unpopularist problem |
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Top Headlines from the International Editions
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Citi del Sol: How the party ended for Wall Street bank’s Málaga experiment
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| ‘They sold us the dream but the reality was much more different,’ said one employee |
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Donald Trump calls for $163bn in cuts to ‘woke’ and ‘wasteful’ federal spending
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| Budget blueprint proposes slashing environmental and aid programmes, while boosting support for defence |
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Europe’s first grid crisis may not be its last
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| Spain’s blackout serves as a reminder of the fragility of power systems in the age of green energy |
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How much exposure to US stocks is too much?
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| The key conversation in asset management now is around the new “neutral” level for portfolios |
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Jeff Bezos to sell up to $4.75bn in Amazon stock
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| Share sale disclosed after ecommerce giant warns of impact from Donald Trump’s global trade war |
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Trump’s crypto-friendly stance lures firms to US market
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| Options exchange Deribit is latest company to look at building presence after president’s pledge to make US world’s ‘crypto capital’ |
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Shell says it would rather buy back its own shares than bid for BP
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| First-quarter profits drop 28% but Shell maintains $3.5bn-a-quarter buyback rate |
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US lawmakers urge SEC to delist Alibaba and Chinese companies
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| Heads of congressional panels say Baidu, JD.com and others have military links that pose ‘unacceptable risk’ to investors |
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Uh-oh, the Taiwanese dollar is having a mad one
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| Asset-liability mismatches FTW |
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Chevron and Exxon profits drop as Trump trade war hits oil
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| Industry contends with weakening demand as US president’s tariffs threaten economic outlook |
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UK military prevented from flying drones over soldiers’ heads
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| Overly cautious regulations and data protection guidelines are curtailing exercises, MPs warn |
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US to demand Google break up its online advertising business
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| Justice department asks judge to force Alphabet to sell its ad exchange and publisher server tech after trial victory |
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UK retailers under attack: why hackers hit household names
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| M&S, the Co-op and Harrods have all been targeted by cyber criminals in recent days |
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French football league settles rights dispute with DAZN
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| Agreement allows Ligue 1 to explore deals with other broadcasters or potentially show games itself |
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Directors’ Deals: New RWS chief buys in after profit warning
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| Group is confident AI services will add value |
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An unwelcome surge of rightwing populism in Britain
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| Rise of Nigel Farage’s Reform UK threatens the Labour-Conservative duopoly< |
