Trump goes for shock therapy

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more

Trump Media shares fall after president kicks off sale of $2.3bn stake

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s social media company slumped after the president opened the door to selling his entire $2.3bn stake, just as global investors are bracing themselves for his “liberation day” tariffs. Shares in Trump … Read more

Greencore agrees £1.2bn deal for UK ready meal rival Bakkavor

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Greencore has struck a deal to acquire rival UK convenience food group Bakkavor for £1.2bn after being rebuffed with an earlier takeover offer. Pre-packed sandwich maker Greencore said on Wednesday that the acquisition would create … Read more

Commodity traders snap up assets and tighten grip on global supply chains

Commodities traders are using the bumper profits earned during the energy crisis to snap up assets and bet on new businesses, from petrol stations to power plants, in a shift that increases their hold over complex global supply chains. Leading private trading houses Trafigura, Vitol, Gunvor and Mercuria have collectively earned more than $57bn in … Read more