How dealmaking fever hit Italy’s banking sector
Several transactions are on the table with billionaire investors, overseas shareholders and domestic politicians all affected
UK
The UK government wants to expand the sugar tax to milkshakes and plant-based drinks – here’s what you need to know
Luis Molinero/ShutterstockThe UK government is considering expanding its sugar tax on fizzy drinks to include milkshakes and other sweetened beverages, as part of new proposals announced in April 2025.
Currency controls and debt in Argentina: the stakes are high if Milei’s latest economic gamble doesn’t pay off
Matias Lynch/ShutterstockIn April, Argentina’s president Javier Milei partially lifted the capital and currency controls that had been in place since 2011. The move was possible with the support of a US$20 billion (£15 billion) IMF bailout and means Argentinians may now buy unlimited dollars again.
Buffett’s bet of the century
How the Oracle of Omaha embarrassed his own industry
Trump likes to know where his suits come from. His tariffs could now upend the world’s fashion supply chains
Rawpixel.com/ShutterstockUS president Donald Trump has a particular look. Sharp navy suits, overly long ties and crisp white shirts, always structured to command attention. It’s a power uniform rooted in a very traditional idea of masculine elegance. Trump wants it to look expensive, meticulously crafted, consistent, and entirely his own.
How Buffett did it
It’s more than great stock picks and insurance premiums
The world’s greatest investor calls it a career
Plus, are private equity’s best days behind it? And 3G’s Skechers bet
Billionaire duo launches $15bn joint venture for AI-driven deals
Pair are combining $40bn in personal investments and look to raise billions from outside investors
Credit Suisse to pay $511mn over helping Americans hide more than $4bn
Swiss bank admits it violated previous deal with the US justice department
PwC to slash 1,500 US jobs
Move comes as Big Four accounting firm struggles with low staff turnover
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