Bill Ackman’s Pershing Square slides on Wall Street debut
Weak investor demand hits hedge fund chief’s scaled-back double offering
Economic news
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Oil tops $120 as Trump signals extended Hormuz stand-off
Brent crude rises for eighth-straight day as US president says he will keep naval blockade in place
Farage accused of breaking Commons rules by not disclosing £5mn gift from crypto billionaire
Reform UK leader says money from Christopher Harborne was meant to make him ‘safe and secure’
The twilight of Opec
UAE’s departure leaves Saudi Arabia trying to hold together a fractious cartel
Oil nears highest point in Iran war as Hormuz stand-off persists
Brent crude rises for eighth consecutive day
France leads way in plans to shift away from fossil fuels at summit
Macron government sets out so-called roadmap ‘with a clear deadline’