Berkshire Hathaway to take $1.8bn stake in Tokio Marine
Investment in non-life insurer marks new Japan venture for Warren Buffett’s conglomerate
Flights disrupted after crash at NY’s LaGuardia airport kills two people
Passenger jet flying from Montreal collided with ground vehicle
Starmer grapples with Iran economic fallout and Trump mockery
UK ministers to discuss response to energy prices after US president shares ‘Saturday Night Live’ sketch
Danone to buy meal-in-bottle maker Huel in €1bn deal
French group swoops on fast-growing UK company to push deeper into ‘complete nutrition’ market
Gilt rout deepens as traders bet on four BoE rate rises this year
Investors see UK economy as one of the most exposed to an inflation shock
London ambulances set on fire in suspected antisemitic incident
Keir Starmer condemns ‘horrific’ attack on vehicles belonging to charity organisation in north London
Gilts: blame the hedge funds?
No one’s doing it like the Brits
Nscale’s credit history (slightly chipped)
Defaults in their start
Wall Street’s big private capital problem
Plus, Victory boosts bid for Janus, private capital’s financing wheeze and Giant hits Broadway
EU to clinch trade deal with Australia after eight years of talks
Also in this newsletter: Greek shipowner questions EU sanctions on Russia amid energy price rise
FTAV’s further reading
Inflation; inflation; Picasso; introspection; stocks; fitness; DOGE; rap; headlines; humiliations; Googling
China battery trio gain $70bn as Iran war sparks ‘paradigm shift’
Share price rises for clean energy companies outstrip oil majors as investors bet on switch to renewables
FirstFT: Stocks fall on Trump’s Iran ultimatum
Also in today’s newsletter: European elections and EU migration
The best of TV and streaming this week
‘The Other Bennet Sister’ riffs on ‘Pride and Prejudice’; ‘Jury Duty: Company Retreat’ is a chaotic workplace comedy; Michelle Pfeiffer leads ‘The Madison’. Reviews by Rebecca Nicholson
Transcript: Strait of Hormuz crisis poses fresh threat to global food, energy
Victoria Craig speaks to Joe Daniels and Jamie Smyth
Qatar Airways parks long-haul jets in storage in Spain
Transfer of planes to Teruel airport signals airline is preparing for ongoing Gulf conflict
Danish PM rides Trump Greenland row into election resurgence
Standing up to US president has boosted Mette Frederiksen’s chances of winning third term
Trump’s Iran playbook was written in the 1980s
From oil threats to ultimatums, the US president has a decades-old view of how to confront Tehran
Starmer to bring forward EU rules legislation in King’s Speech
Some Labour officials hope bill will provoke Brexit dispute with Tories and Reform UK
London police chief warns of ‘sustained threat’ from Iranian state plots
Mark Rowley issues warning during US visit and also accuses ‘hostile states’ of spreading false claims that UK capital is unsafe
America keeps bailing out Trump
The country’s underlying strengths are absorbing his erratic choices, including the war on Iran
The Shakespearean animus of Botín and Orcel
The Italian’s bid for Commerzbank may prove to be the final act in European banking’s rivalrous drama
BNP Paribas surges up UK M&A rankings
French bank boosted by deals including £9.9bn Schroders takeover
BTS, the world’s biggest boy band, return from military service with Arirang
The K-pop kings face a formidable new challenge — the prospect of middle age