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Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Trafigura, Mercuria, Glencore and IXM could reap bumper profits of more than $300mn after shipping record amounts of copper into the US ahead of tariffs on the metal. The commodity traders are at … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Elon Musk’s xAI is launching a $300mn share sale that values the group at $113bn, as the world’s richest man returns to his business empire and the race to develop artificial intelligence. The deal will … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK retailer Marks and Spencer said on Wednesday that it expects a £300mn hit to profits this year because of a cyber attack last month. The company, whose operations have been disrupted by the hack, … Read more
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