FirstFT: US banks make record $80bn in first-quarter profits despite turmoil
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Economy
Indonesia emerges as world’s second-largest cobalt producer
Fast-growing supply depresses prices but raises fears about China’s control of market
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China’s imports fall in April as clouds gather for economic outlook
China’s import volume posted its biggest contraction in a year last month, while exports expanded at a slower pace than…
Live news: Apple launches bond sale as companies race to sell debt ahead of CPI
© ReutersApple announced a five-part bond offering, continuing what is shaping up as a busy month for investment grade…
EU steps up efforts to clamp down on Russia sanctions evasion
This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to…
Biden to meet McCarthy at White House over debt ceiling crisis
This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to…
Japanese companies seeking US deals fear more scrutiny of China links
Japanese companies’ ambitions to pursue more deals in the US could fall foul of intensified scrutiny of their business…
Investors bet on ‘great divergence’ between Federal Reserve and ECB
The Federal Reserve and the European Central Bank delivered interest rate rises this week, but investors now expect rate…
China’s foreign minister to hold talks with the Taliban
China’s foreign minister will meet officials from the Taliban at the weekend as Beijing explores boosting investment in…
Travel and tourism industry looks forward to bumper summer
This article is an on-site version of our Disrupted Times newsletter. Sign up here to get the newsletter sent straight…