Trump pushes India into a corner over trade
Also in this newsletter: Indian banks post a disappointing quarter
Economic news
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Figma shares surge 200% in software group’s Wall Street debut
Design software maker valued at more than $60bn following stock rally
Private capital giants are on the prowl for UK insurers
Tie-ups can make sense for both sides but they are not devoid of risk
Microsoft hits $4tn market value as tech stocks rise to new highs
Meta shares rise 12% on back of blockbuster earnings