European luxury stocks tumble after Richemont suffers US slowdown
Owner of Cartier falls 9% and drags down rivals following slower sales in sector’s biggest marketLuxury goods
Searchlight Capital buys UK asset manager Gresham for £470mn
Shares in London-listed group soar more than 50% after agreeing to takeover by US firmMergers & Acquisitions
Wall St is divided over just how bad Goldman’s earnings will be
Analysts offer wide range of predictions on how much bank lagged behind its peers last quarterInvestment Banking
Why Vodafone’s megamerger could have a 3.9% problem
Many mobile companies add an identical surcharge to bills, attracting the attention of regulatorsMergers & Acquisitions
Sudan’s descent into violence poses new threat to volatile Sahel region
Spillover from conflict risks creation of a corridor of instability stretching from the Red Sea to the AtlanticTerrorism
South Korean ‘ant’ traders battle hedge funds in swarm on battery shares
Retail investors have driven nine-fold rise in EcoPro’s shares this year in echo of US meme stock crazeBatteries
FirstFT: Microsoft-Sony truce paves way to clinch $75bn Activision deal
Also in today’s newsletter, US dims hopes of China tariffs easing and Moscow seizes Danone and Carlsberg subsidiaries Mergers & Acquisitions
Microsoft-Sony agreement opens way to seal $75bn Activision deal
Call of Duty pact signals truce in prolonged battle and ends Japanese group’s biggest objectionTravel & leisure industry, Mergers & Acquisitions
Lina Khan’s FTC should aim for evolution, not revolution
Setback on Microsoft-Activision deal suggests the antitrust chief has over-reachedMergers & Acquisitions
We must stop climate solutions killing biodiversity
Without thinking through where we put wind and solar facilities, we risk accelerating nature’s destructionRenewable energy