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data-content-id="44ea27d8-f166-41e5-b347-dbd39dc9b7de" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/44ea27d8-f166-41e5-b347-dbd39dc9b7de" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fee54ac38-df7c-423f-86f8-7dd058a4e954.png?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T23:16:52.265Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="d8762d56-1eb5-42bf-831b-ad902ec024cf" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="d8762d56-1eb5-42bf-831b-ad902ec024cf"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/uk-banks" aria-label="Category: UK banks">UK banks</a></div><div class="o-teaser__heading"><a href="/content/d8762d56-1eb5-42bf-831b-ad902ec024cf" data-trackable="heading-link" class="js-teaser-heading-link">BoE asks banks whether clients have funding problems after Trump-induced market rout</a></div><p class="o-teaser__standfirst"><a href="/content/d8762d56-1eb5-42bf-831b-ad902ec024cf" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Central bank’s Prudential Regulation Authority has so far found little sign of serious financial distress</a></p><div class="o-teaser__timestamp o-teaser__timestamp--new"><span class="o-teaser__timestamp-prefix"> new </span><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T23:16:52+0000"></time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="d8762d56-1eb5-42bf-831b-ad902ec024cf" data-myft-ui="saved" action="/myft/save/d8762d56-1eb5-42bf-831b-ad902ec024cf" data-js-action="/__myft/api/core/saved/content/d8762d56-1eb5-42bf-831b-ad902ec024cf?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save BoE asks banks whether clients have funding 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd2f17181-d33a-48d6-b52e-6b491292a9cf.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T23:01:47.390Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="5fba64df-8e03-4890-bc56-bdfc47f3083f" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5fba64df-8e03-4890-bc56-bdfc47f3083f"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/markets" aria-label="Category: Markets">Markets</a></div><div class="o-teaser__heading"><a href="/content/5fba64df-8e03-4890-bc56-bdfc47f3083f" data-trackable="heading-link" class="js-teaser-heading-link">Trump threatens extra 50% tariff on China in day of wild market swings</a></div><p class="o-teaser__standfirst"><a href="/content/5fba64df-8e03-4890-bc56-bdfc47f3083f" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">US president sticks with plan to ‘reset’ global trade but sends mixed signals about negotiations</a></p><div class="o-teaser__timestamp o-teaser__timestamp--updated"><span class="o-teaser__timestamp-prefix"> updated </span><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T23:01:47+0000"></time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5fba64df-8e03-4890-bc56-bdfc47f3083f" data-myft-ui="saved" action="/myft/save/5fba64df-8e03-4890-bc56-bdfc47f3083f" data-js-action="/__myft/api/core/saved/content/5fba64df-8e03-4890-bc56-bdfc47f3083f?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Trump threatens extra 50% tariff on China in day of wild market swings to myFT for later" aria-label="Save Trump threatens extra 50% tariff on China in day of wild market swings to myFT for later" data-alternate-label="Trump threatens extra 50% tariff on China in day of wild market swings is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " 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2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="c30ca2cf-d40f-445c-bedc-645a25c7dec1" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="c30ca2cf-d40f-445c-bedc-645a25c7dec1"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/crossword" aria-label="Category: Crossword">Crossword</a></div><div class="o-teaser__heading"><a href="/content/c30ca2cf-d40f-445c-bedc-645a25c7dec1" data-trackable="heading-link" class="js-teaser-heading-link">FT Crossword: Number 18,020</a></div><div class="o-teaser__timestamp o-teaser__timestamp--new"><span class="o-teaser__timestamp-prefix"> new </span><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T23:00:49+0000"></time></div><div class="o-teaser__action"><span> <form class="n-myft-ui 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class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/c30ca2cf-d40f-445c-bedc-645a25c7dec1" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2500%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F1694aa3e-045b-4726-bbf7-97be8b9c742f.jpg?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T22:52:08.765Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="e6e8e631-2f57-4291-b704-fc7234e807bc" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="e6e8e631-2f57-4291-b704-fc7234e807bc"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/84bcb7d6-51ff-4b3d-aa77-1f919cfbdefd" aria-label="Category: PNC Financial Services Group Inc">PNC Financial Services Group Inc</a></div><div class="o-teaser__heading"><a href="/content/e6e8e631-2f57-4291-b704-fc7234e807bc" data-trackable="heading-link" class="js-teaser-heading-link">PNC names ex-BlackRock executive as president as it eyes expansion</a></div><p class="o-teaser__standfirst"><a href="/content/e6e8e631-2f57-4291-b704-fc7234e807bc" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Mark Wiedman was a potential future leader of the asset manager but will join a bank seeking to compete with majors </a></p><div class="o-teaser__timestamp o-teaser__timestamp--new"><span class="o-teaser__timestamp-prefix"> new </span><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T22:52:08+0000"></time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="e6e8e631-2f57-4291-b704-fc7234e807bc" data-myft-ui="saved" action="/myft/save/e6e8e631-2f57-4291-b704-fc7234e807bc" data-js-action="/__myft/api/core/saved/content/e6e8e631-2f57-4291-b704-fc7234e807bc?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save PNC names ex-BlackRock executive as president as it eyes expansion to myFT for later" aria-label="Save PNC names ex-BlackRock executive as president as it eyes expansion to myFT for later" data-alternate-label="PNC names ex-BlackRock executive as president as it eyes expansion is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="e6e8e631-2f57-4291-b704-fc7234e807bc" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/e6e8e631-2f57-4291-b704-fc7234e807bc" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2254%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F28ee6f43-8041-4f5c-b6e5-7aafad29ba30.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Mark Wiedman"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=top;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T22:34:21.542Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="623971a1-cd93-43c2-ad8d-ba8815339a24" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="623971a1-cd93-43c2-ad8d-ba8815339a24"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-treasury-bonds" aria-label="Category: US Treasury bonds">US Treasury bonds</a></div><div class="o-teaser__heading"><a href="/content/623971a1-cd93-43c2-ad8d-ba8815339a24" data-trackable="heading-link" class="js-teaser-heading-link">US government debt sells off as hedge funds cut down on risk</a></div><p class="o-teaser__standfirst"><a href="/content/623971a1-cd93-43c2-ad8d-ba8815339a24" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">10-year Treasury yields jump most in almost three years</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T22:34:21+0000">1 hour ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="623971a1-cd93-43c2-ad8d-ba8815339a24" data-myft-ui="saved" action="/myft/save/623971a1-cd93-43c2-ad8d-ba8815339a24" data-js-action="/__myft/api/core/saved/content/623971a1-cd93-43c2-ad8d-ba8815339a24?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save US government debt sells off as hedge funds cut down on risk to myFT for later" aria-label="Save US government debt sells off as hedge funds cut down on risk to myFT for later" data-alternate-label="US government debt sells off as hedge funds cut down on risk is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="623971a1-cd93-43c2-ad8d-ba8815339a24" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/623971a1-cd93-43c2-ad8d-ba8815339a24" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2691%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fd9c0dab1-d434-415a-935d-77e9e662d35e.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Pedestrians walk on Wall Street in front of the New York Stock Exchange"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T22:03:51.436Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="264c2b98-6717-43c9-a0d9-99f0fdb64e39" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="264c2b98-6717-43c9-a0d9-99f0fdb64e39"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/firstft" aria-label="Category: FirstFT">FirstFT</a></div><div class="o-teaser__heading"><a href="/content/264c2b98-6717-43c9-a0d9-99f0fdb64e39" data-trackable="heading-link" class="js-teaser-heading-link">FirstFT: Trump threatens additional 50 per cent tariffs on China</a></div><p class="o-teaser__standfirst"><a href="/content/264c2b98-6717-43c9-a0d9-99f0fdb64e39" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Also in today’s newsletter, a top Honda executive resigns, and Singapore start-up Airwallex seeks UK and US banking licences</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T22:03:51+0000">1 hour ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="264c2b98-6717-43c9-a0d9-99f0fdb64e39" data-myft-ui="saved" 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class="stream-item" data-id="5b5947a4-21a6-4aec-acb1-0bc7a866f15d" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="5b5947a4-21a6-4aec-acb1-0bc7a866f15d"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-iran-tensions" aria-label="Category: US-Iran tensions">US-Iran tensions</a></div><div class="o-teaser__heading"><a href="/content/5b5947a4-21a6-4aec-acb1-0bc7a866f15d" data-trackable="heading-link" class="js-teaser-heading-link">Donald Trump announces ‘very high level’ talks with Iran</a></div><p class="o-teaser__standfirst"><a href="/content/5b5947a4-21a6-4aec-acb1-0bc7a866f15d" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">US president hints a deal could be made on Tehran’s nuclear weapons programme after meeting Israel’s prime minister </a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T21:14:15+0000">2 hours ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="5b5947a4-21a6-4aec-acb1-0bc7a866f15d" data-myft-ui="saved" action="/myft/save/5b5947a4-21a6-4aec-acb1-0bc7a866f15d" data-js-action="/__myft/api/core/saved/content/5b5947a4-21a6-4aec-acb1-0bc7a866f15d?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Donald Trump announces ‘very high level’ talks with Iran to myFT for later" aria-label="Save Donald Trump announces ‘very 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Trump"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T20:31:43.610Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="180063de-15a8-4077-8daf-a6a591e117ec" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="180063de-15a8-4077-8daf-a6a591e117ec"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/trump-tariffs" aria-label="Category: Trump tariffs">Trump tariffs</a></div><div class="o-teaser__heading"><a href="/content/180063de-15a8-4077-8daf-a6a591e117ec" data-trackable="heading-link" class="js-teaser-heading-link">EU drops bourbon, wine and dairy products from tariffs list against US</a></div><p class="o-teaser__standfirst"><a href="/content/180063de-15a8-4077-8daf-a6a591e117ec" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">‘We are not in the business of tit-for-tat or penny for penny’, says EU commissioner Maroš Šefčovič </a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T20:31:43+0000">3 hours ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="180063de-15a8-4077-8daf-a6a591e117ec" data-myft-ui="saved" action="/myft/save/180063de-15a8-4077-8daf-a6a591e117ec" data-js-action="/__myft/api/core/saved/content/180063de-15a8-4077-8daf-a6a591e117ec?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" 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class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff147a979-c0f6-4d7c-9fb8-8d95d12baee0.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Bottles of Jim Beam bourbon whiskey"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-teaser o-teaser--native-ad o-teaser--small o-teaser--stream-card" data-o-ads-name="PartnerContent--horizontal" data-o-ads-targeting="pos=native;format=horizontal" data-o-ads-formats="PartnerContent" data-o-ads-component="slot" ></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T20:08:28.513Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="874728d0-d469-40ca-bae3-773dbef24c56" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="874728d0-d469-40ca-bae3-773dbef24c56"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-equities" aria-label="Category: US equities">US equities</a></div><div class="o-teaser__heading"><a href="/content/874728d0-d469-40ca-bae3-773dbef24c56" data-trackable="heading-link" class="js-teaser-heading-link">US stocks end slightly lower after turbulent session </a></div><p class="o-teaser__standfirst"><a href="/content/874728d0-d469-40ca-bae3-773dbef24c56" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Investors continue to assess tariff risks after heavy sell-off last week</a></p><div class="o-teaser__timestamp o-teaser__timestamp--"><time class="o-teaser__timestamp-date o-date" data-o-component="o-date" data-o-date-format="time-ago-limit-4-hours" datetime="2025-04-07T20:08:28+0000">3 hours ago</time></div><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="874728d0-d469-40ca-bae3-773dbef24c56" data-myft-ui="saved" action="/myft/save/874728d0-d469-40ca-bae3-773dbef24c56" data-js-action="/__myft/api/core/saved/content/874728d0-d469-40ca-bae3-773dbef24c56?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save US stocks end slightly lower 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alt="Wall Street sign and entrance to the New York Stock Exchange"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T19:18:38.904Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="895292a5-ef3e-4066-a21f-b04b8da5f5b1" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="895292a5-ef3e-4066-a21f-b04b8da5f5b1"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/5d53cf0f-df39-4808-a8c1-25492d9b87ae" aria-label="Category: Diageo PLC">Diageo PLC</a></div><div class="o-teaser__heading"><a href="/content/895292a5-ef3e-4066-a21f-b04b8da5f5b1" data-trackable="heading-link" class="js-teaser-heading-link">Diageo swaps Cîroc vodka for LeBron James-backed tequila brand</a></div><p class="o-teaser__standfirst"><a href="/content/895292a5-ef3e-4066-a21f-b04b8da5f5b1" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Drinks group offloads the rights to a struggling brand at the heart of its dispute with Sean Combs</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="895292a5-ef3e-4066-a21f-b04b8da5f5b1" data-myft-ui="saved" action="/myft/save/895292a5-ef3e-4066-a21f-b04b8da5f5b1" data-js-action="/__myft/api/core/saved/content/895292a5-ef3e-4066-a21f-b04b8da5f5b1?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F767514a3-b271-45da-892d-855e4f1884d8.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Bottles of Lobos 1707 on display"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T18:45:03.926Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="e443bca7-ce7e-4295-aeaa-f9f29a37b294" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="e443bca7-ce7e-4295-aeaa-f9f29a37b294"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/trump-tariffs" aria-label="Category: Trump tariffs">Trump tariffs</a></div><div class="o-teaser__heading"><a href="/content/e443bca7-ce7e-4295-aeaa-f9f29a37b294" data-trackable="heading-link" class="js-teaser-heading-link">BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’</a></div><p class="o-teaser__standfirst"><a href="/content/e443bca7-ce7e-4295-aeaa-f9f29a37b294" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Head of world’s biggest asset manager says market ructions are ‘impacting Main Street’</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="e443bca7-ce7e-4295-aeaa-f9f29a37b294" data-myft-ui="saved" action="/myft/save/e443bca7-ce7e-4295-aeaa-f9f29a37b294" data-js-action="/__myft/api/core/saved/content/e443bca7-ce7e-4295-aeaa-f9f29a37b294?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’ to myFT for later" aria-label="Save BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’ to myFT for later" data-alternate-label="BlackRock’s Larry Fink warns US economy is ‘weakening as we speak’ is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="e443bca7-ce7e-4295-aeaa-f9f29a37b294" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/e443bca7-ce7e-4295-aeaa-f9f29a37b294" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2691%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff54540f0-af8a-4afb-bc05-51ec66b7495c.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="BlackRock’s Larry Fink speaks at the Economic Club of New York"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T18:41:30.119Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="901a7a75-2f68-4abd-9ec2-246a3d9b3105" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="901a7a75-2f68-4abd-9ec2-246a3d9b3105"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-equities" aria-label="Category: US equities">US equities</a></div><div class="o-teaser__heading"><a href="/content/901a7a75-2f68-4abd-9ec2-246a3d9b3105" data-trackable="heading-link" class="js-teaser-heading-link">Did an anonymous X account send markets reeling today?</a></div><p class="o-teaser__standfirst"><a href="/content/901a7a75-2f68-4abd-9ec2-246a3d9b3105" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Journalists really need bulletproof BS meters right now</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="901a7a75-2f68-4abd-9ec2-246a3d9b3105" data-myft-ui="saved" action="/myft/save/901a7a75-2f68-4abd-9ec2-246a3d9b3105" data-js-action="/__myft/api/core/saved/content/901a7a75-2f68-4abd-9ec2-246a3d9b3105?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Did an anonymous X account send markets reeling today? to myFT for later" aria-label="Save Did an anonymous X account send markets reeling today? to myFT for later" data-alternate-label="Did an anonymous X account send markets reeling today? is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="901a7a75-2f68-4abd-9ec2-246a3d9b3105" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/901a7a75-2f68-4abd-9ec2-246a3d9b3105" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2592%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F180302cb-a4ca-41d3-bba1-39aab49ccb33.png?source=next&fit=scale-down&dpr=2&width=240" alt=""/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T18:39:34.297Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="56b9c745-22f7-4494-b790-37be4c61f6ae" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="56b9c745-22f7-4494-b790-37be4c61f6ae"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/trump-tariffs" aria-label="Category: Trump tariffs">Trump tariffs</a></div><div class="o-teaser__heading"><a href="/content/56b9c745-22f7-4494-b790-37be4c61f6ae" data-trackable="heading-link" class="js-teaser-heading-link">Billionaire financiers lambast Trump tariffs</a></div><p class="o-teaser__standfirst"><a href="/content/56b9c745-22f7-4494-b790-37be4c61f6ae" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Alarm at market turmoil prompts even allies of the president to speak out </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="56b9c745-22f7-4494-b790-37be4c61f6ae" data-myft-ui="saved" action="/myft/save/56b9c745-22f7-4494-b790-37be4c61f6ae" data-js-action="/__myft/api/core/saved/content/56b9c745-22f7-4494-b790-37be4c61f6ae?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Billionaire financiers lambast Trump tariffs to myFT for later" aria-label="Save Billionaire financiers lambast Trump tariffs to myFT for later" data-alternate-label="Billionaire financiers lambast Trump tariffs is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="56b9c745-22f7-4494-b790-37be4c61f6ae" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/56b9c745-22f7-4494-b790-37be4c61f6ae" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2719%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F77894eed-c44d-4edd-a235-ed482fb35989.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Ken Langone"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T18:30:51.938Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="3f2f0de2-b6a8-4a80-abf1-76f053b30d70" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="3f2f0de2-b6a8-4a80-abf1-76f053b30d70"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/executive-pay" aria-label="Category: Executive Pay">Executive Pay</a></div><div class="o-teaser__heading"><a href="/content/3f2f0de2-b6a8-4a80-abf1-76f053b30d70" data-trackable="heading-link" class="js-teaser-heading-link">ExxonMobil chief’s pay rises 19% to $44.1mn</a></div><p class="o-teaser__standfirst"><a href="/content/3f2f0de2-b6a8-4a80-abf1-76f053b30d70" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Darren Woods’s package tops that of sector’s rivals as the gulf between transatlantic competitors widens</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="3f2f0de2-b6a8-4a80-abf1-76f053b30d70" data-myft-ui="saved" action="/myft/save/3f2f0de2-b6a8-4a80-abf1-76f053b30d70" data-js-action="/__myft/api/core/saved/content/3f2f0de2-b6a8-4a80-abf1-76f053b30d70?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save ExxonMobil chief’s pay rises 19% to $44.1mn to myFT for later" aria-label="Save ExxonMobil chief’s pay rises 19% to $44.1mn to myFT for later" data-alternate-label="ExxonMobil chief’s pay rises 19% to $44.1mn is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="3f2f0de2-b6a8-4a80-abf1-76f053b30d70" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/3f2f0de2-b6a8-4a80-abf1-76f053b30d70" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F64a8720d-cad1-411e-aa22-b1a73edf05d8.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Exxon chief Darren Woods speaks in an interview"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T18:13:56.567Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="4c922fad-6db9-47e6-8687-cc2ab7372309" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="4c922fad-6db9-47e6-8687-cc2ab7372309"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/wildfires" aria-label="Category: Wildfires">Wildfires</a></div><div class="o-teaser__heading"><a href="/content/4c922fad-6db9-47e6-8687-cc2ab7372309" data-trackable="heading-link" class="js-teaser-heading-link">Scottish and NI blazes highlight surge in UK wildfires</a></div><p class="o-teaser__standfirst"><a href="/content/4c922fad-6db9-47e6-8687-cc2ab7372309" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Fire chiefs warn of climate change driving extreme weather in the wake of weekend infernos</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="4c922fad-6db9-47e6-8687-cc2ab7372309" data-myft-ui="saved" action="/myft/save/4c922fad-6db9-47e6-8687-cc2ab7372309" data-js-action="/__myft/api/core/saved/content/4c922fad-6db9-47e6-8687-cc2ab7372309?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Scottish and NI blazes highlight surge in UK wildfires to myFT for later" aria-label="Save Scottish and NI 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</li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-stream-item> <div class="o-ads o-ads advert advert--instream" data-o-ads-targeting="pos=mid1;" data-o-ads-center="true" data-o-ads-label="false" data-o-ads-formats-small="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-medium="MediumRectangle,Responsive,OneByOne" data-o-ads-formats-large="false" data-o-ads-formats-extra="false" aria-hidden="true"> </div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T17:58:07.593Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="a92834de-9207-4919-94ed-6224896b9749" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="a92834de-9207-4919-94ed-6224896b9749"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/health" aria-label="Category: Health">Health</a></div><div class="o-teaser__heading"><a href="/content/a92834de-9207-4919-94ed-6224896b9749" data-trackable="heading-link" class="js-teaser-heading-link">Starmer pledges centralised service for researchers to mine health data </a></div><p class="o-teaser__standfirst"><a href="/content/a92834de-9207-4919-94ed-6224896b9749" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Announcement follows recommendation in UK government-commissioned review last year </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="a92834de-9207-4919-94ed-6224896b9749" data-myft-ui="saved" action="/myft/save/a92834de-9207-4919-94ed-6224896b9749" 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data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/a92834de-9207-4919-94ed-6224896b9749" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2410%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7812922d-0da3-4b98-adc8-07d298755e1c.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Medical staff viewing a patient’s X-Ray iamges"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T17:43:57.590Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="f313eea9-bd4f-4866-8123-a850938163be" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="f313eea9-bd4f-4866-8123-a850938163be"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/0b799e19-6d54-4fde-9640-1ae1b85d9cae" aria-label="Category: Peter Navarro">Peter Navarro</a></div><div class="o-teaser__heading"><a href="/content/f313eea9-bd4f-4866-8123-a850938163be" data-trackable="heading-link" class="js-teaser-heading-link">Donald Trump’s tariffs will fix a broken system </a></div><p class="o-teaser__standfirst"><a href="/content/f313eea9-bd4f-4866-8123-a850938163be" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Next we must tackle the barrage of non-tariff weapons used to strangle American exports</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="f313eea9-bd4f-4866-8123-a850938163be" data-myft-ui="saved" action="/myft/save/f313eea9-bd4f-4866-8123-a850938163be" data-js-action="/__myft/api/core/saved/content/f313eea9-bd4f-4866-8123-a850938163be?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Donald Trump’s tariffs will fix a broken system to myFT for later" aria-label="Save Donald Trump’s tariffs will fix a broken system to myFT for later" data-alternate-label="Donald Trump’s tariffs will fix a broken system is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="f313eea9-bd4f-4866-8123-a850938163be" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/f313eea9-bd4f-4866-8123-a850938163be" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff416c54d-190a-4072-bfad-13cb33559da1.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Donald Trump at the White House displays his tariff order after signing it"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T17:39:00.923Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="9848881d-a8fa-4ed7-8e3d-756c96865d19" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="9848881d-a8fa-4ed7-8e3d-756c96865d19"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/02f1ce4b-5995-462e-ab71-cfdda1f439ab" aria-label="Category: Bill Ackman">Bill Ackman</a></div><div class="o-teaser__heading"><a href="/content/9848881d-a8fa-4ed7-8e3d-756c96865d19" data-trackable="heading-link" class="js-teaser-heading-link">Bill Ackman’s main fund drops 15% this year as trade war hits holdings</a></div><p class="o-teaser__standfirst"><a href="/content/9848881d-a8fa-4ed7-8e3d-756c96865d19" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Billionaire’s Pershing Square Holdings bet on tariff-exposed stocks like Nike </a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="9848881d-a8fa-4ed7-8e3d-756c96865d19" data-myft-ui="saved" action="/myft/save/9848881d-a8fa-4ed7-8e3d-756c96865d19" data-js-action="/__myft/api/core/saved/content/9848881d-a8fa-4ed7-8e3d-756c96865d19?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Bill Ackman’s main fund drops 15% this year as trade war hits holdings to myFT for later" aria-label="Save Bill Ackman’s main fund drops 15% this year as trade war hits holdings to myFT for later" data-alternate-label="Bill Ackman’s main fund drops 15% this year as trade war hits holdings is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="9848881d-a8fa-4ed7-8e3d-756c96865d19" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/9848881d-a8fa-4ed7-8e3d-756c96865d19" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F7e6d960d-1023-4775-80cb-152b91add3fd.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Bill Ackman"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T17:36:43.322Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="7054da5f-2adb-4fa3-8020-1cd4c37d79bf" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="7054da5f-2adb-4fa3-8020-1cd4c37d79bf"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/white-collar-crime" aria-label="Category: White collar crime">White collar crime</a></div><div class="o-teaser__heading"><a href="/content/7054da5f-2adb-4fa3-8020-1cd4c37d79bf" data-trackable="heading-link" class="js-teaser-heading-link">Former Janus Henderson analyst denies cash bundles were from insider trading</a></div><p class="o-teaser__standfirst"><a href="/content/7054da5f-2adb-4fa3-8020-1cd4c37d79bf" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Redinel Korfuzi told a London jury that cash deposits were from clients of his father’s construction business</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="7054da5f-2adb-4fa3-8020-1cd4c37d79bf" data-myft-ui="saved" action="/myft/save/7054da5f-2adb-4fa3-8020-1cd4c37d79bf" data-js-action="/__myft/api/core/saved/content/7054da5f-2adb-4fa3-8020-1cd4c37d79bf?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Former Janus Henderson analyst denies cash bundles were from insider trading to myFT for 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data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4c411aca-55a4-4a5e-96de-4016b2d8e2c8.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Redinel Korfuzi"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T16:55:33.617Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="63b09a5c-6f88-4092-9d49-f0413232cced" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="63b09a5c-6f88-4092-9d49-f0413232cced"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/stream/1a0cf6d6-e3e8-4e18-9397-08473bca535e" aria-label="Category: Anna Souakri">Anna Souakri</a></div><div class="o-teaser__heading"><a href="/content/63b09a5c-6f88-4092-9d49-f0413232cced" data-trackable="heading-link" class="js-teaser-heading-link">The Makassar Strait is a sign that global rules are being rewritten</a></div><p class="o-teaser__standfirst"><a href="/content/63b09a5c-6f88-4092-9d49-f0413232cced" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">This new economic artery links nations that promise to be dynamic trading partners for Europe</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="63b09a5c-6f88-4092-9d49-f0413232cced" data-myft-ui="saved" action="/myft/save/63b09a5c-6f88-4092-9d49-f0413232cced" data-js-action="/__myft/api/core/saved/content/63b09a5c-6f88-4092-9d49-f0413232cced?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save The Makassar Strait is a sign that global rules are being rewritten to myFT for later" aria-label="Save The Makassar Strait is a sign that global rules are being rewritten to myFT for later" data-alternate-label="The Makassar Strait is a sign that global rules are being rewritten is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="63b09a5c-6f88-4092-9d49-f0413232cced" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/63b09a5c-6f88-4092-9d49-f0413232cced" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2445%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F4a2d9814-719e-42d3-a428-d1743c392d95.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Indonesia’s future Presidential Palace in the future capital city of Nusantara"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T16:53:21.569Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">The FT View</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/ft-view" aria-label="Category: The editorial board">The editorial board</a></div><div class="o-teaser__heading"><a href="/content/ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba" data-trackable="heading-link" class="js-teaser-heading-link">A market rout made in the White House</a></div><p class="o-teaser__standfirst"><a href="/content/ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Those with the president’s ear must urge him to change course on tariffs</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba" data-myft-ui="saved" action="/myft/save/ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba" 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js-teaser-image-container"><a href="/content/ac8ab2d9-7b78-4e9e-ba6c-97477e0c88ba" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2319%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fcd6dbfaa-e741-43e5-b20f-75b59a2ae969.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="Traders work on the floor of the New York Stock Exchange"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T16:40:13.985Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="e2762d0c-1025-4fc2-a91d-d13a22a8dc06" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image o-teaser--opinion js-teaser" data-id="e2762d0c-1025-4fc2-a91d-d13a22a8dc06"><div class="o-teaser__content"><div class="o-teaser__meta"><span class="o-teaser__tag-prefix">Lex</span><a class="o-teaser__tag" data-trackable="teaser-tag" href="/us-banks" aria-label="Category: US banks">US banks</a></div><div class="o-teaser__heading"><a href="/content/e2762d0c-1025-4fc2-a91d-d13a22a8dc06" data-trackable="heading-link" class="js-teaser-heading-link">Jamie Dimon delivers a masterclass in managing up</a><span> <span class="o-labels o-labels--premium o-labels--content-premium">Premium</span><span class="o-normalise-visually-hidden"> content</span></span></div><p class="o-teaser__standfirst"><a href="/content/e2762d0c-1025-4fc2-a91d-d13a22a8dc06" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">JPMorgan chief’s letter to shareholders is an exercise in blending in with the political wallpaper</a></p><div class="o-teaser__action"><span> <form class="n-myft-ui n-myft-ui--save" method="GET" data-content-id="e2762d0c-1025-4fc2-a91d-d13a22a8dc06" data-myft-ui="saved" action="/myft/save/e2762d0c-1025-4fc2-a91d-d13a22a8dc06" data-js-action="/__myft/api/core/saved/content/e2762d0c-1025-4fc2-a91d-d13a22a8dc06?method=put" data-myft-ui-save-config=""> <input data-myft-csrf-token value="" type="hidden" name="token"> <div class="n-myft-ui__announcement o-normalise-visually-hidden" aria-live="assertive" data-pressed-text="Article saved in My FT." data-unpressed-text="Removed article from My FT." ></div> <button type="submit" class="n-myft-ui__save-button-with-icon" data-trackable="save-for-later" title="Save Jamie Dimon delivers a masterclass in managing up to myFT for later" aria-label="Save Jamie Dimon delivers a masterclass in managing up to myFT for later" data-alternate-label="Jamie Dimon delivers a masterclass in managing up is Saved to myFT" aria-pressed="false" data-text-variant="save-button-with-icon-copy" data-alternate-text="Saved " data-content-id="e2762d0c-1025-4fc2-a91d-d13a22a8dc06" > <span class="save-button-with-icon-copy" data-variant-label>Save</span> </button> </form> </span></div></div><div class="o-teaser__image-container js-teaser-image-container"><a href="/content/e2762d0c-1025-4fc2-a91d-d13a22a8dc06" data-trackable="image-link" tabindex="-1" aria-hidden="true"><div class="o-teaser__image-placeholder" style="padding-bottom:56.2859%;"><img class="o-teaser__image o-lazy-load" data-src="https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2F68da13e5-df78-4ca4-94fe-c73c7ff7c583.jpg?source=next&fit=scale-down&dpr=2&width=240" alt="JPMorgan chief Jamie Dimon at a summit in Washinton, US in March 2025"/></div></a></div></div> </div> </div> </li> <li class="o-teaser-collection__item o-grid-row"> <div data-o-grid-colspan="12 L3"> <div class="stream-card__date"> <time data-o-component="o-date" class="o-date" data-o-date-format="date-only" datetime="2025-04-07T16:39:42.220Z">Monday, 7 April, 2025</time> </div> </div> <div data-o-grid-colspan="12 L9"> <div class="stream-item" data-id="0ecfd40e-f73c-4cb2-b7e4-ca2f2a6c7c12" data-stream-item> <div class="o-teaser o-teaser--article o-teaser--small o-teaser--has-image js-teaser" data-id="0ecfd40e-f73c-4cb2-b7e4-ca2f2a6c7c12"><div class="o-teaser__content"><div class="o-teaser__meta"><a class="o-teaser__tag" data-trackable="teaser-tag" href="/oil" aria-label="Category: Oil">Oil</a></div><div class="o-teaser__heading"><a href="/content/0ecfd40e-f73c-4cb2-b7e4-ca2f2a6c7c12" data-trackable="heading-link" class="js-teaser-heading-link">Oil drops further as fears of global recession rise</a></div><p class="o-teaser__standfirst"><a href="/content/0ecfd40e-f73c-4cb2-b7e4-ca2f2a6c7c12" data-trackable="standfirst-link" tabindex="-1" class="js-teaser-standfirst-link">Trump welcomes fall in oil price as he signals he 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o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/us" data-trackable="US">US</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-2" data-trackable="sub-level-toggle | US">Show more US</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-2" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-economy" data-trackable="US Economy">US Economy</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-companies" data-trackable="US Companies">US Companies</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/us-politics-policy" data-trackable="US Politics & Policy">US Politics & Policy</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/companies" data-trackable="Companies">Companies</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-3" data-trackable="sub-level-toggle | Companies">Show more Companies</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-3" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/energy" data-trackable="Energy">Energy</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/financials" data-trackable="Financials">Financials</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/health" data-trackable="Health">Health</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/industrials" data-trackable="Industrials">Industrials</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/media" data-trackable="Media">Media</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/professional-services" data-trackable="Professional Services">Professional Services</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/retail-consumer" data-trackable="Retail & Consumer">Retail & Consumer</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/technology-sector" data-trackable="Tech Sector">Tech Sector</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/telecoms" data-trackable="Telecoms">Telecoms</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/transport" data-trackable="Transport">Transport</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/technology" data-trackable="Tech">Tech</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-4" data-trackable="sub-level-toggle | Tech">Show more Tech</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-4" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/artificial-intelligence" data-trackable="Artificial intelligence">Artificial intelligence</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/semiconductors" data-trackable="Semiconductors">Semiconductors</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/cyber-security" data-trackable="Cyber Security">Cyber Security</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/social-media" data-trackable="Social Media">Social Media</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/markets" data-trackable="Markets">Markets</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-5" data-trackable="sub-level-toggle | Markets">Show more Markets</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-5" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://markets.ft.com/data" data-trackable="Markets Data">Markets Data</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/crypto" data-trackable="Crypto">Crypto</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/capital-markets" data-trackable="Capital Markets">Capital Markets</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/commodities" data-trackable="Commodities">Commodities</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/currencies" data-trackable="Currencies">Currencies</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/equities" data-trackable="Equities">Equities</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://professional-monetary-policy-radar.ft.com/" data-trackable="Monetary Policy Radar">Monetary Policy Radar</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-wealth-management" data-trackable="Wealth Management">Wealth Management</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/moral-money" data-trackable="Moral Money">Moral Money</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/etf-hub" data-trackable="ETF Hub">ETF Hub</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/fund-management" data-trackable="Fund Management">Fund Management</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-trading-room" data-trackable="Trading">Trading</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/climate-capital" data-trackable="Climate">Climate</a></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/opinion" data-trackable="Opinion">Opinion</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-7" data-trackable="sub-level-toggle | Opinion">Show more Opinion</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-7" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/columnists" data-trackable="Columnists">Columnists</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/ft-view" data-trackable="The FT View">The FT View</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/the-big-read" data-trackable="The Big Read">The Big Read</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/lex" data-trackable="Lex">Lex</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/obituaries" data-trackable="Obituaries">Obituaries</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/letters" data-trackable="Letters">Letters</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lex" data-trackable="Lex">Lex</a></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/work-careers" data-trackable="Work & Careers">Work & Careers</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-9" data-trackable="sub-level-toggle | Work & Careers">Show more Work & Careers</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-9" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://rankings.ft.com/business-education" data-trackable="Business School Rankings">Business School Rankings</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-education" data-trackable="Business Education">Business Education</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="https://rankings.ft.com/incubator-accelerator-programmes-europe" data-trackable="Europe's Start-Up Hubs">Europe's Start-Up Hubs</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/entrepreneurship" data-trackable="Entrepreneurship">Entrepreneurship</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/recruitment" data-trackable="Recruitment">Recruitment</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-books" data-trackable="Business Books">Business Books</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/business-travel" data-trackable="Business Travel">Business Travel</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/working-it" data-trackable="Working It">Working It</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/life-arts" data-trackable="Life & Arts">Life & Arts</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-10" data-trackable="sub-level-toggle | Life & Arts">Show more Life & Arts</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-10" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/arts" data-trackable="Arts">Arts</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/books" data-trackable="Books">Books</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/food-drink" data-trackable="Food & Drink">Food & Drink</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/magazine" data-trackable="FT Magazine">FT Magazine</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/house-home" data-trackable="House & Home">House & Home</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/style" data-trackable="Style">Style</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/puzzles-games" data-trackable="Puzzles">Puzzles</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/travel" data-trackable="Travel">Travel</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li></ul></li><li class="o-header__drawer-menu-item"><div class="o-header__drawer-menu-toggle-wrapper"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--parent" href="/personal-finance" data-trackable="Personal Finance">Personal Finance</a><button class="o-header__drawer-menu-toggle o-header__drawer-menu-toggle--unselected" aria-controls="o-header-drawer-child-11" data-trackable="sub-level-toggle | Personal Finance">Show more Personal Finance</button></div><ul class="o-header__drawer-menu-list o-header__drawer-menu-list--child" id="o-header-drawer-child-11" data-trackable="sub-level"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/mortgages" data-trackable="Property & Mortgages">Property & Mortgages</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/investments" data-trackable="Investments">Investments</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/pensions" data-trackable="Pensions">Pensions</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/tax" data-trackable="Tax">Tax</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/banking-savings" data-trackable="Banking & Savings">Banking & Savings</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected o-header__drawer-menu-link--child" href="/advice-comment" data-trackable="Advice & Comment">Advice & Comment</a></li></ul></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/htsi" data-trackable="HTSI">HTSI</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/special-reports" data-trackable="Special Reports">Special Reports</a></li></ul><h2 id="ft-recommends" class="o-header__drawer-menu-item o-header__drawer-menu-item--heading">FT recommends</h2><ul aria-labelledby="ft-recommends" class="o-header__drawer-menu-list"><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/alphaville" data-trackable="Alphaville">Alphaville</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/ft-edit" data-trackable="FT Edit">FT Edit</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/lunch-with-the-ft" data-trackable="Lunch with the FT">Lunch with the FT</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link o-header__drawer-menu-link--unselected" href="/globetrotter" data-trackable="FT Globetrotter">FT Globetrotter</a></li><li class="o-header__drawer-menu-item"><a class="o-header__drawer-menu-link 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