Stocks also slide after lacklustre $16bn auction for 20-year Treasuries

Deal will help AI data centre operator raise fresh capital after size of IPO was cut in Wall Street debut in March

Companies will be given 18-month window for shares to start trading, after several eleventh-hour IPO cancellations

Increase in Canada Pension Plan Investment Board’s exposure comes despite geopolitical tensions

Price hits $109,760 after gaining more than one-third over past month

Investment firm has lobbied for sweeping changes at US energy group

Report highlights how direct lenders are forging increasingly close ties to more tightly regulated financial groups

Managing partner of Thoma Bravo says wealthy individuals may be less sophisticated

Someone alert WallStreetBets

Also in today’s newsletter, IMF warning to US to tackle its debt burden and the discovery of a Mexican ‘death camp’

Disruption to widely used markets data service affects UK and EU debt auctions

It might not be the Big Tech companies

China is the biggest refiner for 19 out of 20 metals analysed by the International Energy Agency

It’s not just a lifer issue

Move would pave the way for savers to access funds focused on corporate buyouts and other high-octane deals

Plus, CATL soars on stock market debut and French grocer Casino’s debt troubles

The French energy giant was forced to pause a huge LNG scheme in Mozambique after Islamist militants launched a deadly attack. Is the region safe enough for it to restart?

Former FTSE 100 company was once a symbol of Soviet money flowing into London

World ex-US funds have long been out of favour but have attracted $2.1bn in assets over past three months

US broker that pioneered zero-commission share trading plans to disrupt UK market