Blinken pushes for ‘enduring’ Gaza peace deal in Riyadh visit

Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Washington’s top diplomat, Antony Blinken, held talks with Saudi Crown Prince Mohammed bin Salman in Riyadh on Monday, part of the US’s push for an “enduring” peace deal in …

Read more

US to ban visas for spyware abusers and manufacturers who sell to them

Stay informed with free updates Simply sign up to the Cyber Security myFT Digest — delivered directly to your inbox. The US will restrict visas for abusers of commercial spyware, including those selling the encryption-busting malware, in an effort to rein in a sprawling, multibillion-dollar industry that has been tied …

Read more

France thinking about Stellantis and Renault merger – report

Bringing Peugeot-Citroen and Renault together seems far-fetched, but automotive history is littered with intriguing mergers and strange bedfellows. According to Il Messaggero, the French government, headed by President Emmanuel Macron, is reportedly studying a plan to merge the Renault Group with rival Stellantis. The thinking goes that a combined Stellantis-Renault …

Read more

UK policymakers hit by six-month delay in key jobs data

Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. The Bank of England will lack crucial insights on unemployment as it makes key decisions on interest rate cuts in the coming months after the rollout of a new official …

Read more

The rise of agricultural populism

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. From France to Germany, to Italy, to Greece: the juggernaut of EU farmers’ protests rolls on. Agricultural protests are as old as the EU itself — and farmers, who can …

Read more

Dollar hits 3-month high as Powell seeks to tame rate cut expectations

Red Bull Racing chief executive Christian Horner has been put under investigation by the group’s parent company, casting uncertainty over the Formula One champions ahead of the new season. Dutch newspaper De Telegraaf reported on Monday that Horner had been accused of alleged “inappropriate behaviour” citing several sources. “After being …

Read more

Private equity buys majority stake in US accounting firm Baker Tilly

Stay informed with free updates Simply sign up to the Accountancy myFT Digest — delivered directly to your inbox. The US accounting firm Baker Tilly has agreed to sell a majority stake to the investment groups Hellman & Friedman and Valeas, marking the largest private equity deal to date in …

Read more

King Charles diagnosed with cancer

Novo Holdings, the controlling shareholder in Novo Nordisk, has signed a $16.5bn deal to acquire US-based medicines manufacturer Catalent, in a deal that will bolster the Danish drugmaker’s supply chain. As part of the deal announced on Monday, Novo Holdings will sell three of Catalent’s 50 sites to Novo Nordisk, …

Read more

Private equity owners pile on debt to pay themselves dividends

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. US private equity firms are rushing to take advantage of lower borrowing costs by loading debt on to their portfolio companies and then using the cash to pay dividends to …

Read more

Estée Lauder shares leap 19% on plan to cut up to 3,100 jobs

Novo Holdings, the controlling shareholder in Novo Nordisk, has signed a $16.5bn deal to acquire US-based medicines manufacturer Catalent, in a deal that will bolster the Danish drugmaker’s supply chain. As part of the deal announced on Monday, Novo Holdings will sell three of Catalent’s 50 sites to Novo Nordisk, …

Read more