Many factory workers have put faith in Donald Trump and broken with their union over support for tie-up

50% levy would disrupt factories and supply chains in America’s biggest foreign supplier of the metal

Demerger marks significant milestone for corporate overhaul and refocus on copper and iron ore

Panvira aims to raise $200mn in foreign capital to invest in local equities

One potential fix is using AI to cut extraction costs

Support programme for low-income communities has made a real difference in the US and the idea is being adopted in the UK

Investors’ concerns about US policymaking and Fed independence weigh on greenback and bonds

Fast-tracking the return of more idled capacity could push global prices down further

Lack of exits for deals struck by managers in frothy times is straining the business model of the asset class

Buying the best companies regardless of their country of origin might be the right policy

Companies offering funding deals to start-ups often raise capital on stock exchanges

Fiscal worries and demographic changes knock demand for super-long bonds

US president escalates global trade war two days after a court ruled against the legality of his levies

Wall Street’s S&P 500 gains 6% in May

JPMorgan Chase chief calls on Trump administration to set country on better fiscal path

Default will not have wider implications for country’s bonds

Donald Trump’s ‘big, beautiful’ budget bill could make or break the market trend

Rightwing party says cryptocurrencies will be allowed as a form of tax payment if it wins power

And South Korea looks cheap

Authorities are jailing people for throwing cash at parties after 70% fall in naira’s value over two years