Apollo makes £1.5bn bid for London-listed Bodycote

FTSE 250 components group says takeover proposal is latest in several efforts by US firm to buy its business

Posted on Friday May 22, 2026

The Musk banker who took a back seat to Goldman Sachs

Michael Grimes of Morgan Stanley had been widely expected to run SpaceX’s flotation

Posted on Friday May 22, 2026

JPMorgan looks to offload exposure to $4bn in private equity-linked loans

Largest US bank in discussions over risk transfer as PE firms grapple with prolonged slowdown

Posted on Friday May 22, 2026

Next Harvard endowment chief faces a private equity hangover

As CEO NP Narvekar nears retirement Ivy League fund will have to reckon with expansion into sluggish private holdings

Posted on Friday May 22, 2026

The commodities trader aiming to challenge sheikhs and billionaires on the football pitch

Doug King has found a new arena for risk — English football club Coventry City

Posted on Friday May 22, 2026

Wall Street bets on 2026 rate rise as Kevin Warsh takes charge of the Fed

Markets expect central bank to lift borrowing costs by end of year as Iran war intensifies inflation

Posted on Friday May 22, 2026

Gilt relief rally sends yields to biggest weekly drop since 2023

Burnham pledge to stick to fiscal rules and pullback from bets on higher BoE interest rates drive rebound

Posted on Friday May 22, 2026

Europe needs plan to replace US forces, says Czech president

Petr Pavel, a former Nato general, says allies need to get ahead of Donald Trump setting his own deadlines

Posted on Friday May 22, 2026

America’s ‘simultaneity’ nightmare

Trump’s pre-emptive attacks are a traumatic break with the ideals of a globalised world but the playbook is not new

Posted on Friday May 22, 2026

Regional mediators travel to Tehran in push for US-Iran deal

Pakistan’s powerful army chief Asim Munir expected to join talks designed to prevent resumption of full-scale war

Posted on Friday May 22, 2026