Spanish bank to run combined business as Santander UK after £2.65bn takeover
Sainsbury’s, Morrisons and Iceland are seeking to stop discounters preventing them opening stores nearby
Most ambitious British timeframe yet for the technology comes as US and China race ahead in funding for sector
Warning that banks may find it difficult to manage risks comes a day after HSBC disclosed $400mn hit
Dimon and Fink upbeat in separate comments about demand for the technology as Wall Street funds sector’s spending
Wall Street watchdog suggests allowing public companies to file semi-annual reports
Delayed IPO of €19bn software group Visma was meant to be a crowning moment for PE group Hg — and London
Hybrid pioneer’s push comes as rivals scale back their EV targets
Trump and Democrats seek to avoid economic and political fallout for first major corporate casualty of the Iran war
As the original private equity barbarian reaches milestone, the FT interviews its founders and their successors
Increased priority on security of power supply might see some countries continue to rely on fossil fuels
Thierry Garnier to step down from DIY group next year to take helm of one of Europe’s largest supermarket chains
Strong quarterly trading in Latin America helps FTSE 100 group beat forecasts despite US spirits slump
Shares in Danish drugmaker surge on positive signal from results
Airline expects to offset costs by raising fares, cutting flights and bringing forward restructuring measures
Value soars in ongoing fundraising discussions as investors including Tencent seek slice of AI lab
Also in today’s newsletter: Venice Biennale row and Macron’s central bank pick
A new video podcast from The FT exploring the history of finance
Memory chip giant’s surge pushes South Korea’s Kospi to new record
The counterfeit money boom that holds lessons for crypto today
The original private equity barbarian celebrates its birthday as the $22tn private markets face a fraught moment
DeFi was once touted as the future of finance but traders have grown concerned over the security of these projects
The share price has picked up and its valuation as a multiple of forecast earnings has risen to the top of European telcos
Rocket maker hopes to quell employee uproar after old options expired without a payout
With little slack in the system, soaring prices don’t give operators that much of an incentive to let rip
The sector remains untested in a severe or prolonged economic downturn
Leaving the oil cartel is not just a commercial decision — it reflects structural changes in global energy markets
A wave of cheap imports is pushing Europe’s industry to ‘breaking point’
The model of political protection and heavy subsidies that has long supported European agriculture might be fracturing
Small tech groups impatient with ‘jam tomorrow’ promise of contracts in return for discounted or free equipment
The Securities and Exchange Commission has proposed allowing public companies to file earnings reports semi-annually
iPhone buyers sued the tech giant for touting features in 2024 that have yet to launch
To understand what’s going on in the sector, look at 19th-century railroads
Stocks near 8-year low ahead of summer travel season despite collapse in demand
