Citi strikes €15bn partnership with BlackRock for private European lending
Deal aims to give bank added firepower to finance private equity dealmaking in Europe and Middle East
Posted on Monday May 18, 2026UK plans to relax key banking rules set up after 2008 financial crisis
Chief secretary to the Treasury says softening ringfencing regulations would free up £80bn for extra lending
Posted on Monday May 18, 2026Commerzbank rejects €39bn UniCredit takeover offer
Proposal draws pushback from German lender and Chancellor Friedrich Merz
Posted on Monday May 18, 2026But its real estate market has been doing a darn good impression
Posted on Monday May 18, 2026Private capital firms circle L&G
Plus, SpaceX’s rocketing value, Japan’s AI, and Zurbarán at The National Gallery
Posted on Monday May 18, 2026Trump says he called off attack on Iran planned for Tuesday
US president says the UAE, Saudi Arabia and Qatar requested that Washington suspend operation
Posted on Monday May 18, 2026Musk loses case against OpenAI after two hours of jury deliberations
Decision hands a legal victory to Sam Altman in a case that had overshadowed the AI lab’s plans to go public
Posted on Monday May 18, 2026US eases Russian oil sanctions in bid to contain Iran price surge
Renewal of 30-day licence comes as high fuel costs hit American consumers
Posted on Monday May 18, 2026Burnham vows to reverse privatisation and austerity if he replaces Starmer
Greater Manchester mayor also insists he will not rip up the UK’s fiscal rules
Posted on Monday May 18, 2026The cracks in the Putin edifice
Russian leader’s conviction that he could outlast the west is being tested
Posted on Monday May 18, 2026