Universal Music declines takeover offer from Bill Ackman’s Pershing Square
Hedge fund billionaire argued moving record company’s listing from Amsterdam to New York would unlock value
Posted on Friday May 29, 2026Citadel Securities posts record $4.3bn in trading revenues on Iran volatility
Market maker earns $1.9bn in first-quarter net income as oil prices and Treasury rates seesawed
Posted on Friday May 29, 2026Directors’ Deals: Aviva chief Blanc adds to stake
Insurer’s share price has fallen by 8 per cent so far this year
Posted on Friday May 29, 2026Rise in Neets a ‘retirement crisis in slow motion’
Delayed pension contributions could leave higher earners with a savings shortfall of £300,000
Posted on Friday May 29, 2026In this edition: The €1bn Ponzi scheme which rocked France; what football and finance have in common; the power of Christopher Anderson’s pictures; downsides to tax moves; Monaco’s many faces; London’s priciest sushi menu
Posted on Friday May 29, 2026Trump pledges ‘final determination’ on Iran deal to extend ceasefire
US president seeks agreement on ‘unrestricted traffic’ in Strait of Hormuz
Posted on Friday May 29, 2026BoE governor warns Middle East ceasefire would ‘still create uncertainty’
Andrew Bailey says rate cuts can only come when policymakers are ‘much more confident’
Posted on Friday May 29, 2026Embarrassing messages about Keir Starmer to be exposed in Mandelson files
Ministers and advisers have had to disclose WhatsApps and emails with peer during his time as US ambassador
Posted on Friday May 29, 2026Dell’s shares soar 35% as US computer maker taps into AI fervour
Rally is the latest sign of Wall Street’s exuberance over companies linked to artificial intelligence
Posted on Friday May 29, 2026SpaceX and the ‘enshittification’ of markets
The IPO of Elon Musk’s company is a big risk for the millions of investors who have put savings into passive investing
Posted on Friday May 29, 2026