US stock futures tumble as president reveals plans for 10% universal levies and higher ‘reciprocal’ duties

Shares rise on report Elon Musk to leave Trump administration

President reveals plans to impose 10% universal levies and higher duties on major partners

Shares in Trump Media and Technology Group drop after company outlines plans in filing

US firm is latest crypto group to try to take advantage of more favourable environment towards industry under Trump

Trafigura, Vitol, Gunvor and Mercuria in major expansion drive as they deploy windfall profits from energy crisis

PRA censures former chief investment officer for failings while on the board of Sanjeev Gupta’s lender

Wave of takeovers continues to shrink number of companies listed on London Stock Exchange

Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023

President Bola Tinubu replaces NNPC board as country tries to boost production

Those basis points add up

Plus more bad hard data

Trading on Wall Street volatile as US president prepares to escalate trade war on ‘liberation day’

Technocrats can contain short-term financial panic but only democratic integrity will sustain investor confidence

Fund aims to combat antisemitism and advocate for Israel and Jewish values through engagement with US corporations

Agreement would help top firms to move staff working on audits of banks and dual-listed companies

Spirits are low but indicators seem fine

Rightwing media mogul makes windfall on paper as stock in lossmaking conservative cable TV channel soar

Craig Donaldson and David Arden mount legal challenge over fines meted out by Financial Conduct Authority

Financial regulator’s submission to Supreme Court comes at start of pivotal three-day hearing