Cautious move comes after strongest first quarter since pandemic
Meta founder testifies in second day of antitrust trial
Float will test demand for tech listings as US tariffs rock markets
Medical devices like group’s surgical robots have already been hit by the new US charges
JPMorgan chief tells the FT that Washington and Beijing ‘should engage’ as tariffs escalate
Chinese carmaker’s absence from the US, once seen as a weakness, has turned into an asset
Big asset managers seek to bolster private offerings
Hedge fund group seeks to turn around hardware and software manufacturer’s languishing performance
There can be a large lag between the economy weakening and confirmation of an R-word event catching up
Banks have gained from surge in volumes amid market gyrations
Wolfspeed has stepped into a trap
Plus, private equity group CVC scouts out private credit group and Intel sells off a stake in its chips unit
FCC chair Brendan Carr urges ‘western allies’ to pick Elon Musk’s Starlink satellite internet company
Media executive plans to launch a ‘suite’ of digital subscription services to arrest long-term decline in cable
Slowdown in high-yield bond market issuance threatens a tentative rebound in dealmaking
Donald Trump also says he is considering ‘something to help car companies’
Blockbuster antitrust trial that could force break-up of $1.5tn tech giant gets under way in Washington
Alliance to use artificial intelligence developed by company of prominent Donald Trump backer
None of the big bank chiefs really know whether Trump’s fickle policies are causing good volatility or bad
David Solomon warns of ‘material risks’ on US and global economy posed by effects of trade war
Judge tells Michael Viney ‘custody threshold has been crossed’ after he sold a flat in Barcelona
US pharmaceutical group says patient in study experienced ‘potential drug-induced liver injury’
Sale is part of plan by company to divest non-core assets
CIA veteran to help spearhead private equity group’s expansion in oil-rich region
Twins behind ‘gamified’ golfing chain sold for $2.1bn raise funds from backers including Blackstone’s David Blitzer