Shell denies takeover talks with UK rival BP

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Shell has denied it is in talks to acquire rival BP after months of speculation about a deal that would combine the UK’s two biggest oil companies. “This is further market speculation. No…

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Wall Street reels from Zohran Mamdani’s victory in New York mayoral primary

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Panicked Wall Street financiers are racing to rally behind an “anyone-but-Mamdani” candidate for New York City mayor after 33-year-old democratic socialist Zohran Mamdani unexpectedly clinched the Democratic nomination on Tuesday.   Within hours of…

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Artemis issues €400m bond tied to Kering share performance

By Reuters Published June 24, 2025 Artemis, the Pinault family’s holding company and majority investor in Kering, announced Tuesday the launch of a 400 million euro ($464 million) bond tied to the performance of the French luxury group’s shares. François-Henri Pinault, chairman and CEO of French luxury group Kering, addresses shareholders during the company’s annual…

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Why Keir Starmer faces a political storm over welfare reforms

Iain Watson, Henry Zeffman and Harry Farley Political correspondents Reuters Angela Rayner has declared that the government will go ahead with its controversial legislation, aimed at reforming the welfare system, next week. But a well-placed source told us it could still be pulled: “It’s a live discussion.” Conversations are continuing at the heart of government…

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