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Also in today’s newsletter, oligarch expresses ‘surprise’ at Russia’s resilience and US companies pile into convertible bonds
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And the unkillable rates-growth stocks argument
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Plus, the corporate fiasco involving a royal carpet maker and a Nomura banker gets stuck in China
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Washington is going through a bit of a sea change on this score
Row over Ukrainian grain imports shows how the interests of member states sabotage Europe’s common goals
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Plus, lessons from LDI, hedge funds unwind bets against gilts, and Wigtown Book Festival
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Plus, US and UK GDP figures released, and retailing behemoth H&M reports earnings
Elections in the two central European countries will test support for Ukraine and measure the appeal of illiberalism
Also in this newsletter: gloomy PMI surveys in UK and eurozone, climate change threat to the pint, science round-up
Your must-read daily briefing on corporate finance, mergers & acquisitions, and private equity
When it comes to its most important purpose, the body is at a standstill
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While there is cross-party support for a ‘British baccalaureate’, PM is yet to get ball rolling in any meaningful way
And private equity adds leverage
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Plus, private equity titans discuss private credit in Paris and how Mike Ashley’s legal fight with Morgan Stanley stems back to Archegos
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