Treasury considers blocking HMRC’s proposals after backlash from City bosses

Diversification is key if you’ve benefited from the US tech boom

The Mar-a-Lago Accords as proposed would be a “classic cram-down”, says TS Lombard

The city is still the place to go for Chinese companies seeking capital and access to international investors

High-yields might not be a giveaway any more but are fairly priced

Wall Street extends slide sparked by fears over economic impact of Donald Trump’s on-off trade war

A darling of the renewed US commitment to energy production has struggled since going public in January

Paschal Donohoe’s comments come as investors speculate over shift in US dollar’s dominant role

Wheat and soyabean futures hit as China and Canada impose retaliatory tariffs on foodstuffs

Also in today’s newsletter, just 36 companies accounted for half of global emissions in 2023

Murray Auchincloss’s share awards drop sharply to £2.75mn, compared with £4.36mn in 2023

Where there is volatility, there is often a trading opportunity

Payments regulator says card duopoly’s sharp fee increases are costing businesses £170mn extra a year

Japanese group also planning $13bn share buyback and non-core assets sale under new chief as it fights takeover

FTSE 100 asset manager lays out three-year strategic plan to overcome decline of public markets

Plus calm credit and paper pulped

Stablecoins will increasingly challenge bank deposits as a riskier place for people to park their cash

One of the world’s most complex financial conglomerates is attracting scrutiny for circular flows of cash involving its global property portfolio

Outflows are in contrast to the US where flows to US equity ETFs represented nearly half of the total accrued

European assets were predicted to suffer under Trump but are now surging