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      Elon Musk becomes world’s first trillionaire after SpaceX mega float

      Elon Musk speaking at a tech conference, wearing a suit, with a futuristic backdrop highlighting space exploration themes

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      Adidas, Burberry and so much Beckham: The six best 2026 World Cup ad campaigns

      A screenshot capturing a significant moment from a news broadcast on June 11, 2026, at 12:17 PM, highlighting key details.

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      The best places to eat sandwiches in Lisbon, from bifanas to pregos

      Bifana do Afonsos famous bifana sandwich showcasing tender pork in a freshly baked roll with savory sauce.

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tariffs

  • Private equity faces ‘sharp shock’ of triple threat stalling market momentum

    Business

    The global private equity market has stalled as it faces a triple-shock of issues which are contributing to a slowdown in market momentum, according to new figures from Bain & Company. The Big Three consulting firm said in its midyear report on private equity that the industry, “which was gathering momentum at the start of [...]

    Private equity deals bounced back in the second quarter
  • UK in line for fresh US tariff hit as Trump proposes ‘forced labour’ levy

    Economics

    Donald Trump has proposed a fresh round of tariffs that would hit numerous nations including the UK as the President seeks to rebuild his sweeping wall of levies that were struck down by the Supreme Court. The US is exploring a tariff of at least ten per cent on imports from up to 60 trading [...]

    Breaking news conference podium with microphone, focused on speakers notes and event backdrop, set for journalist updates
  • Starmer’s steel tariffs are as hare-brained as Trump’s

    Opinion

    Contrary to supporting the industry, Starmer's steel tariffs will push manufacturing offshore and invite retaliatory EU action, writes Andrew Griffith.

    Keir Starmer discussing future of British Steel at a press conference, emphasizing economic policies and steel industry im...
  • Watches of Switzerland shares surge on record revenue as US demand soars

    May 14, 2026

    Watches of Switzerland shares surged after the firm revealed record revenue growth, boosted by wealthy Americans flocking to luxury watches. The UK’s largest luxury watch retailer hailed a 13 per cent jump in revenue to £1.8bn in the year to May, as revenue climbed by 24 per cent to £1.2bn in its US market alone.  [...]

  • Brits now buy more BYDs than Land Rovers

    May 13, 2026

    I’ve been poring over the latest DVLA car registration data release, which came out a few days ago, covering the fourth quarter of 2025. There are lots of fascinating trends in there, and I’d encourage you to go and have a look yourself.  But one thing that really caught my eye is that for the [...]

  • Aston Martin turnaround stalls as carmaker posts loss

    April 29, 2026

    Aston Martin’s turnaround under billionaire Lawrence Stroll remains stuck in first gear as the car manufacturer posted another loss.  The FTSE 250 firm posted a £66m pre-tax loss in the first three months of this year, which is 18 per cent narrower than this time last year, though total car sales dropped by one per [...]

  • FTSE 100 Live: Blue-chip stocks boom on Trump and Iran ceasefire

    April 8, 2026

    Good morning and welcome back to the CityAM liveblog. Markets are in line for a major boom this morning after Donald Trump confirmed a two-week ceasefire with Iran shortly ahead of his latest bomb threat deadline. Trump announced the two-week postponement by stating the US and Iran were “very far along” with a “definitive” [...]

  • M&A in a time of geopolitical turmoil

    April 8, 2026

    Dealmakers are being more selective and concentrating their bets to cope with AI, tariffs and instability in the Middle East, says Jerome Pottier A trillion dollars of dealmaking in under three months should feel like a boom. By the numbers, it is. Activity is up 27 per cent year on year, and the megadeal is [...]

  • FTSE 100 Live: Stocks dip ahead of Trump’s Iran deadline

    April 7, 2026

    Good morning and welcome back to the CityAM liveblog. The London market is set to return from the bank holiday break with a major hangover. Whilst the City enjoyed an Easter break, volatile trading continued with Brent crude – the international benchmark for oil – hovering around the $110 mark after see-sawing between gains [...]

  • Globalisation obituaries ‘hopelessly premature’

    March 26, 2026

    Boosting trade is the single best way to improve the long-term fortunes of the UK despite the economy being hit by a barrage of supply chain fractures and geopolitical shocks, the Bank of England’s former chief economist has said. In his first speech as president of the British Chambers of Commerce, Andy Haldane told delegates [...]

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