Space ecstasy
SpaceX might be the biggest IPO ever
Musk is officially free to roam in Texas
Delaware ruling draws a line under Tesla’s corporate domicile in the Lone Star State
Gucci slump deals blow to Luca De Meo’s Kering turnaround
Sales at luxury group’s key brand tumble 8% in the first quarter as Iran war takes toll on industry
Fed chair nominee Kevin Warsh reveals assets worth more than $130mn
Trump’s pick to succeed Jay Powell reports $10mn in consulting fees from Stanley Druckenmiller’s family office
Trump says new US-Iran talks could happen ‘over next two days’
The US president said additional talks could happen this week in Islamabad but that further discussions to end the war would happen in Europe
How the US can blockade the Strait of Hormuz
US forces will be ready to descend from helicopters on to oil tankers
America’s tightening cost of living squeeze
The Iran war has intensified US households’ affordability struggles
UK chancellor Rachel Reeves hits out at Iran war ‘folly’
Minister says she is ‘frustrated and angry’ with Donald Trump over economic damage caused by the conflict
Wall Street banks break records as Iran war drives trading boom
JPMorgan Chase, Citigroup and Wells Fargo reported more than $25bn of profits for the first quarter
Ad giant Publicis is less ‘Mad Men’, more ‘The IT Crowd’
Investors are not buying the French group’s AI-fuelled growth story
The US is at risk of an oil shock too
In a global market for crude, Asian buyers are vacuuming up supplies, raising prices for Europe and America
Lebanon and Israel hold first direct talks in decades as fighting continues
Envoys from two countries meet in Washington to discuss conflict and its links to the Iran war
As Trump scares off US scientists, China is racing ahead
From mapping the seabed to AI innovation, Beijing is becoming the world’s scientific superpower
South East Water boss waives bonus after outages
David Hinton had previously blamed shortages on rise in people working from home
BlackRock profits jump as it draws in $130bn
Earnings for first quarter underline asset manager’s push into investment products that generate higher fees
Fuel price protests spread to roads across Northern Ireland
Cash-strapped Stormont executive appeals to prime minister for aid package for hard-pressed region
Israel poised to seize Hizbollah’s ‘capital of liberation’
In 2000 a Lebanese militant leader stood in Bint Jbeil to hail a landmark Israeli retreat. Now the IDF is set to take the town
Trump says Meloni lacks courage
US president turns against Italian premier despite her being one of his few remaining allies in Europe
UK migrant workforce grew strongly last year despite weaker hiring
Data highlights concerns about lack of jobs growth among British-born population
PCE inflation set to hit 3.4% in March
We ran the latest CPI and PPI data through our new nowcasting model to predict the upcoming PCE numbers
UK regulator bans unauthorised Martin Lewis ads for car finance claims
Conclusive Financial’s promotions boasted of high compensation figures and used images without permission
BP’s new chief executive to reset company into two units
Meg O’Neill plans to return oil group to structure before its complicated 2020 reorganisation
Latham partners pocket record $8.7mn average pay
US law firm’s revenues surpass $8bn for first time on the back of megamerger mandates
Iran war could slow global growth to weakest since pandemic, IMF warns
Expansion of global economy would fall to 2.5% in an ‘adverse scenario’ of persistent $100-per-barrel oil