UK house prices fall in March as uncertainty over Middle East war weighs on demand
Halifax reports market slowdown as mortgage rates rise
Iran conflict has deepened UK political instability
Pressure on living standards as a result of hostilities will damage Labour
CK Hutchison takes Maersk to arbitration over Panama port
Hong Kong conglomerate escalates legal campaign over its ejection from canal terminals
Shell’s oil traders get earnings boost from Iran war
FTSE 100 group expects a drop in gas production because of hit to facilities in Qatar
US and Iran agree 2-week ceasefire that will open Strait of Hormuz
Donald Trump says 10-point plan from Iran is ‘workable basis’ for negotiations
Aldermore Bank put up for sale after owner attacks UK car finance redress scheme
South Africa’s FirstRand says industry-wide £9.1bn programme is ‘deeply flawed’
Russian military hackers reroute British internet users’ traffic
UK National Cyber Security Centre warns vulnerable routers will let attackers steal passwords and log-in details
Earnings expectations are too high
Plus AI and jobs
FTAV’s further reading
SpaceX; private credit; US science; finasteride; Hayao Miyazaki; congressional trading; and GPUs
Rutte’s ‘Daddy’ strategy under strain as Nato head meets Trump
Also in this newsletter: Italy walks an Iran tightrope with the US president
Half a century of sovereign debt blow-ups
None compare to the OG sovereign default
The question over Trump’s ‘historic’ refinery deal: $300bn or $40mn?
Reliance Industries has made no announcement to the stock exchange about the project in Brownsville, Texas
FirstFT: Trump and Iran announce 2-week ceasefire
Also in today’s newsletter: Turkey’s gold sales and French miner Eramet
The ECB is stirring memories of 2011 — not all of them good
When the central bank tightened policy in an oil shock it proved a costly error. This time might be different
Transcript: US and Iran agree to two-week ceasefire talks
Marc Filippino speaks to Rachel Rees and Laura Pitel
Private equity’s secondaries magic
Last year investors ploughed a record $166bn into the funds backing ageing assets
Long Covid to cost OECD economies up to $135bn a year
New research predicts impact of lower productivity and workers quitting because of long-term illness after Covid-19
Recipe: the absolutely best ways to cook spring potatoes
Ravinder Bhogal knows her spuds and shares three recipes to make the most of the season
Turkey’s gold sales deepen bullion slump
Central bank arranged $20bn of sales and swaps in March as it battled to support the lira
When persistence prevails
After 593 monthly editions, a legend of role-playing games magazines has finally called it a day
Postcard from Assisi: my meeting with a saint
The Umbrian hill town boasts an abundance of medieval art and architecture but for many visitors, the real draw is the chance to get close to the saints themselves
Eramet’s top shareholder weighs exit as €500mn capital raise looms
Duval family hires Lazard to advise on 37% stake in troubled mining company
Perplexity revenue jumps 50% in pivot from search to AI agents
San Francisco-based start-up surges from push into more complex and potentially more lucrative AI services
The Mexican cartel stronghold preparing to host the World Cup
Guadalajara expects safe 2026 tournament after violent unrest this year