FirstFT: Pete Hegseth’s broker looked to buy defence fund before Iran attack
Also in today’s newsletter: US petrol prices rise above $4 a gallon while Unilever and McCormick in talks to create $60bn food group
Also in today’s newsletter: US petrol prices rise above $4 a gallon while Unilever and McCormick in talks to create $60bn food group
Housebuilders expected to be hit by sharp cost increases and fall in consumer sentiment
Wearable device maker eyes IPO after raising $575mn from sovereign wealth funds and top athletes
Middle East energy shock pushes price growth to highest level in almost 2 years
Deal will give San Francisco’s Cordillera a board seat at UK-based Northridge
Though the party is fifth nationally, Ed Davey thinks sticking to the centre ground can deliver local election gains
Sales growth for UK computer company particularly strong in China and US
Producers warn of empty shelves if supermarkets do not raise prices to help offset costs linked to Iran war
Move will transform Hellmann’s mayonnaise maker from multi-category conglomerate into beauty and personal care company
A longer war makes long bonds interesting
Civil Aviation Authority says average charges per passenger should stay broadly flat over next five years
Countries shrug off environmental concerns to fire up use of polluting fuel as Gulf supplies dwindle
Euro-Office; private equity and care homes; AI bubble; and the social theory of insurance
Also in this newsletter: the former Putin translator overseeing the Hungarian election observation mission
The FTAV Credit Explainer Part II: Securitisation Bugaloo
The $22tn industry is facing the prospect that returns will fall far short of the expectations of investors
International official holdings at New York Federal Reserve fall to lowest level since 2012
Asset manager is seeking at least 600,000 sq ft as demand for high-end offices rises
Marc Filippino talks to Antoine Gara and Stefania Palma
Differences over war in Iran are hitting working relationships between diplomats, officials and military personnel
Bullish rhetoric about ‘unleashing’ the technology is badly out of touch with the sensibilities of many voters
Decision could be published in April with foreign capital requirements component moving to parliament for debate
Increased costs since outbreak of Middle East conflict prompt more test drives and advert views
Asset manager teams up with Greater Manchester Pension Fund for £1bn joint venture as government seeks more private finance