Ex-Citi executive says bank sacked her after raising Trump concerns
Former employee claims in lawsuit that she identified issues with risk-management practices
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FirstFT: Oil falls below $80 as traders bet Strait of Hormuz flows will return
Also in today’s newsletter: Bank of Japan raises rates to 1%, and India temporarily blocks Telegram
Oil sinks below $80 as traders bet Strait of Hormuz flows will return
Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire
Yum Brands sells struggling Pizza Hut in bet on faster-growing businesses
KFC and Taco Bell owner to offload bulk of fast-food chain to private equity group as part of $2.7bn sale
SpaceX leapfrogs Amazon to become world’s fifth-most valuable company
Elon Musk’s AI, rocket and satellite group also announces $60bn deal for AI coding app Cursor
‘A referendum on oil and gas’: Britain’s other big by-election
Voters in Aberdeen go to the polls with both Conservative and Reform candidates making energy a central issue of their campaigns