Blue Owl draws in $9bn as private credit market cools
Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
Growth in headline figure obscures worse than expected $700mn increase in fee-paying assets
A steep increase in ‘vibe litigation’ appears to be expanding the market for legal activity
BoE scrapped its central scenario for first time since pandemic
Deals between buyers and suppliers of green energy or technologies among proposed climate solutions
The next markets to fall to the algos?
Move to buy and possibly extend lifespan of reactors comes as energy shocks force Europe to reconsider atomic power
Monetary Policy Committee says borrowing costs may need to rise if energy shock continues to hit global economy
A new tale about the power of secrets by the Pulitzer Prize-winning author of ‘Olive Kitteridge’
US oil producers are in ‘wait-and-see’ mode as the Iran war energy crisis plays out
VW takes €500mn hit from shelving EV output at US plant while rival Stellantis returns to profit as it pivots back to petrol
The arrival of driverless vehicles is a second chance for cities
Inflation rose in April to 3% and growth in the first quarter was weak at 0.1%
Group announces overhaul of restaurants business, putting 3,800 jobs at risk
Better data, industrial policy and education could all ameliorate inequalities
21 buys to shift your wardrobe up a gear
Featuring smash burgers, Sofia Coppola and stationery
Inflationary pressures are beginning to wane. Explore the latest data through interactive charts
Also in today’s newsletter: oil passes $125 a barrel, and Russia’s Mali setback
John Foley and Sujeet Indap of the FT’s Lex column will answer your questions today at 1pm BST
Meta stock drops on capex increase while Alphabet’s cloud business grows faster than rivals Amazon and Microsoft
A cure for kitchen nerves, plus a recipe for anchovy pasta
We know what worked and what failed the last time around
Brent crude hit new conflict high as blockade of Strait of Hormuz continues
Chief executive Arthur Hoeld has cut hundreds of jobs and reshaped sportswear company’s leadership team