Blackstone sells Blackstone
Plus, DoorDash buys Deliveroo and private equity gets in on defence
Ackman pushes the envelope on creative executive pay
Billionaire financier’s bid to emulate the Oracle of Omaha comes with some quirks
How dealmaking fever hit Italy’s banking sector
Several transactions are on the table with billionaire investors, overseas shareholders and domestic politicians all affected
U.S. and China to Hold First Trade Talks Since Trump’s Tariffs
Scott Bessent, the Treasury secretary, and Jamieson Greer, the United States trade representative, will discuss trade and economic matters with the officials this week.
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.
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25 percent tariffs on imported cars and auto parts.
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
How the US can mine its own critical minerals − without digging new holes
Piles of rare earth oxides praseodymium, cerium, lanthanum, neodymium, samarium and gadolinium. Peggy Greb/USDA-ARSEvery time you use your phone, open your computer or listen to your favorite music on AirPods, you are relying on critical minerals.
Being honest about using AI at work makes people trust you less, research finds
Whether you’re using AI to write cover letters, grade papers or draft ad campaigns, you might want to think twice about telling others. That simple act of disclosure can make people trust you less, our new peer-reviewed article found.
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