The world in a glance.

Strategy skips a week of bitcoin purchases for the first time this year

Strategy’s pause is not likely to last, given Executive Chairman Michael Saylor has said the company will be buying every quarter ‘forever.’

Unilever nears deal to combine food division with spice maker McCormick

Move will transform Hellmann’s mayonnaise maker from multi-category conglomerate into beauty and personal care company

UK growers warn of cucumber and tomato shortages as gas prices surge

Producers warn of empty shelves if supermarkets do not raise prices to help offset costs linked to Iran war

Pete Hegseth’s broker looked to buy defence fund before Iran attack

Morgan Stanley wealth manager approached BlackRock about multimillion-dollar investment for US defence secretary

Trump could ask Gulf states to contribute to war costs, says White House

Washington’s regional allies are bearing brunt of retaliatory attacks by Iran

Sysco goes all in on the ‘cash and carry’ food-service business with a $29 billion buyout

Sysco’s stock tumbles after announcing a $29.1 billion cash-and-stock deal to buy Jetro Restaurant Depot.

China suppliers warn of higher prices for Americans due to Strait of Hormuz closure

The Iran war has stalled shipments of oil and its products through the Strait of Hormuz, raising concerns among Chinese manufacturers about supply chain disruptions.

This is a reason the Middle East’s major oil-producing countries have been selling their U.S. Treasurys

A need for liquidity may be playing a role in the decision of some countries to reduce their holdings of U.S. government debt.

A more than 50% rise in oil prices over the past month may be more than just a ‘short-lived shock’

Crude prices jumped Monday as uncertainty over an endgame for the war increases

Microsoft’s stock may extend a record stretch of lagging performance that’s ignited fierce debate

Analysts are divided over whether Microsoft’s diversified business model is a long-term AI advantage or a convenient present-day excuse.

JetBlue Airways raises checked bag fees at least $4 as fuel prices soar

Airfare has climbed for routes around the world, driven by higher fuel prices since the U.S. and Israel attacked Iran.

Most people have already gotten their tax refunds. That’s bad news for restaurants and retailers.

A $1 increase in gas prices can lead to around six fewer drive-thru customers a day, a recent analysis found.

NFL asks prediction market operators to refrain from 'objectionable bets'

Unlike leagues such as the NHL, MLB and MLS that have embraced platforms like Kalshi and Polymarket, the NFL is taking a more cautious stance.

Air Canada CEO to step down over failure to speak French

Michael Rousseau recorded condolence video after fatal plane crash in English despite country being officially bi-lingual

Nasdaq paves the way for SpaceX and OpenAI to quickly join a premier index after IPOs

A new “fast entry” rule would make it far easier for new megacap stocks to join the Nasdaq-100 soon after going public.

Qatar-backed US LNG plant starts production as Iran war hits global supply

Golden Pass plant owned by QatarEnergy and ExxonMobil may help replace shortages hit by Hormuz crisis

‘It’s time to buy Meta.’ Why Morgan Stanley sees 45% upside for the stock.

There’s a “tactical buying opportunity” as concerns about AI and regulatory matters lead Meta’s stock to trade at an unusually large discount to its historical average.

Oil prices set for record monthly surge as Trump threatens to ‘blow up’ Iran’s power plants, oil wells and Kharg Island if no deal reached

Crude prices jumped Monday as uncertainty over an endgame for the war increases

These stocks are surging as the next hot play on the Iran war

Alcoa’s stock rallied Monday after Iranian missile strikes on two large Middle East aluminum sites sent prices of the industrial metal higher.

UK government on verge of full nationalisation of British Steel

Talks with Chinese owner Jingye continue while losses mount

Iranian strike on Kuwaiti power and water plant stokes infrastructure fears

Attack at electricity and desalination facility marks latest escalation in Gulf war launched by US and Israel

My PayPal account received money from the Philippines with two phone numbers listed. I called them. Big mistake.

“I know my information is on the dark web, and I have taken steps to be cautious.”

Don’t speak to UK diplomats, Russians told

Britain denounces ‘campaign of harassment’ after Moscow expels diplomat who met bankers and economists

The market’s wobble amid Iran war has left world-beating U.S. stocks ‘extremely cheap,’ says Bill Ackman

Ignore the bears, says the hedge-fund billionaire

Iran could emerge from the war stronger and more dangerous

The Islamic republic aims to set up a toll booth on the Strait of Hormuz. It may succeed

AI satellite start-ups gain traction with investors ahead of SpaceX IPO

Elon Musk and Jeff Bezos’s commitment to putting data centres in space boosts fortunes of smaller players

German arms manufacturer in damage control mode after PR disaster and stock slump

Rheinmetall’s CEO has been criticized after making derisive remarks about Ukraine’s low-cost and highly efficient drone technology.

Oil prices head towards highest close in four years as Iran conflict shows no sign of ending

Crude prices are climbing Monday amid rising uncertainty over when the war in Iran may end.

UK fines Apple subsidiary for breaching Russian sanctions

European operation ordered to pay £390,000 for payments to video-streaming service Okko

The man who was once the world’s youngest billionaire now says he’s solved the stock market. Here’s his astonishingly simple portfolio.

As portfolios go, the one put forward by John Arnold, the billionaire energy trader turned philanthropist, doesn’t get simpler.

America’s gig economy

Self-employment, at both the high and the low end, is keeping consumption afloat — but for how long?

Private capital: what are the risks?

As investors seek to retrieve their money, the $22tn industry rejects comparisons with 2008. Regulators aren’t so sure

TotalEnergies made bumper profit on Middle East oil bet

In March, French group bought every available cargo of crude produced in UAE and Oman for loading in May

What to do when the ‘public good’ of information goes bad

The creation and dissemination of reliable news is at an economic disadvantage

Insurers give Emirates ‘outrageously’ cheap war insurance cover

Dubai-based airline paying additional $100,000 a week while others face far higher charges

The lords and alleged lawbreakers among MFS’s eclectic borrowers

Market Financial Solutions’ loan recipients included sportsmen, TV personalities and those accused of financial crimes

How Hungary sidesteps Europe’s fraud watchdog

Viktor Orbán’s government has returned just 18 per cent of funds flagged by the EU’s anti-graft body

Oil rises above $116 as Trump stokes fears of protracted conflict

Traders weigh signs of escalating conflict as more US troops arrive in region and Yemen enters war

Trump hails ‘progress’ on Iran deal but threatens huge infrastructure attack

President warns of hits on oil wells, Kharg Island and desalination plants unless agreement reached ‘shortly’

‘He didn’t seem very alert’: Our CPA said we owe the IRS $443, but we’re actually due a refund of $637. Do we fire him?

“We’re both concerned about the accuracy of our returns.”

My brother says lawyers can get him a Medicaid nursing home in Florida for a ‘hefty fee,’ despite his assets. Is this a scam?

“I do not believe there is a way to preserve assets and still qualify for Medicaid.”

‘Several hurricanes have come close’: I’m 73 and live in a mobile home in Florida. Do I ditch my $2,400 home insurance?

“I live in a 2016 double-wide mobile home with no mortgage.”

U.S. stock futures sink, oil prices surge as Iran war shows no signs of letting up

U.S. stock-index futures fell and oil prices surged again on Sunday, following sharp losses on Wall Street on Friday, as investors are waking up to the reality that the economic…

Pro-AI group to spend $100mn on US midterm elections as backlash grows

November 8 poll set to be battleground over regulation of AI

Donald Trump says US could ‘take the oil in Iran’

US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue

Trump says US could ‘take the oil in Iran’

US president tells the FT he is considering seizing strategic Kharg Island even as negotiations continue

Oil price rises past $115 as Iran conflict worsens

Prices for Brent crude rose 2.9 per cent during early trading in Asia

Distressed-debt funds target private credit downturn as ‘greatest opportunity’ since 2008

Investors anticipate money-making bonanza as sector comes under strain

Is Trump losing his grip on the stock market? Sustained declines suggest the president’s influence has waned.

President Trump’s willingness to de-escalate the Iran conflict has kept stocks from even larger losses in March — but is he losing his grip on markets?

Israel blocks Catholic cardinal from Holy Sepulchre on Palm Sunday

France and Italy condemn Israeli police for cutting off access to site a week before Easter