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Last updated: Apr. 09, 10:30
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Billionaire son of ‘world’s richest banker’ challenges $35mn legal fees
Alberto Safra was charged more than $162,000 on one day alone by US law firm WilmerHale
By Suzi Ring in London
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
Exxon warns of $6.5bn hit from Iran war as hedging timing masks gains
US oil group says bulk of impact on first-quarter earnings is accounting issue that will be offset as contracts complete
By Jamie Smyth in New York
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
Iran demands crypto fees for ships passing Hormuz during ceasefire
Country’s oil exporters’ union says toll to be paid in cryptocurrency and vessels monitored for weapons
By FT
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
A Closer Look at Iran’s 10 Demands—and Which the U.S. Might Accept
President Trump said the Iranian plan is a starting point, but there is a lot of ground to cover before a deal can be reached
By Benoit Faucon
The Wall Street Journal,  Apr. 08, 2026    E-mail this to a Friend
AI Giants Go on Charm Offensive to Avert Public Backlash
Polls show AI is broadly unpopular, prompting company steps to ease concerns
By Bradley Olson and Sam Schechner
The Wall Street Journal,  Apr. 08, 2026    E-mail this to a Friend
Israel launches massive strikes on central Beirut after Iran ceasefire
Israeli military fires barrage of missiles on Lebanese capital as it vows to continue war on Hizbollah
By FT
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
The madness of the Madman Theory
An idea that didn’t work for Richard Nixon probably won’t for Donald Trump
By Janan Ganesh
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
CK Hutchison takes Maersk to arbitration over Panama port
Hong Kong conglomerate escalates legal campaign over its ejection from canal terminals
By Arjun Neil Alim in Hong Kong
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
Gulf States Fear an Emboldened Iran after Trump’s Cease-Fire
U.S. allies in the region are concerned that Tehran has emerged from the battle with control of the Strait of Hormuz
By Yaroslav Trofimov
The Wall Street Journal,  Apr. 08, 2026    E-mail this to a Friend
How China Built Its Vast Natural Gas Stockpile
Natural gas is hard to store, but China has found a way to do it, while also developing alternate suppliers and expanding production at home.
By Keith Bradsher
The New York Times,  Apr. 08, 2026    E-mail this to a Friend
Defence spending sprees tend not to deliver lasting growth, says IMF
Fund’s research tempers claims by European governments that bigger military budgets should revitalise their economies
By Delphine Strauss in London
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
Saudi Arabia’s key east-west oil pipeline hit as Middle East energy attacks continue
Iran, Kuwait and UAE also report attacks despite start of two-week ceasefire
By FT
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
‘There are no winners’: US and Iran enter into fragile truce
Fragile truce does not bring permanent end to war between foes burdened by decades of distrust
By Andrew England, Middle East Editor
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
Rutte’s ‘Daddy’ strategy under strain as Nato head meets Trump
Also in this newsletter: Italy walks an Iran tightrope with the US president
By Henry Foy
Financial Times,  Apr. 08, 2026    E-mail this to a Friend
China’s new trade front with the world — services
The country is rapidly moving up the global ranks as an exporter of knowledge-intensive products
By Joseph Quinlan
Financial Times,  Apr. 07, 2026    E-mail this to a Friend
Last updated: Apr. 09, 10:30
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