UK watchdog drops probe into KPMG over audit of Ladbrokes owner Entain
Decision is boost for Big Four firm seeking to repair reputation after series of scandals
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India’s central bank makes it harder to short the rupee
Currency rises after RBI blocks non-deliverable derivatives in the onshore market
World’s top energy traders wrongfooted in early days of Iran war
Oil traders that normally thrive on volatility caught out by scale of crisis as energy shock unfurled
Vulture funds circle private equity
Distressed-debt funds see a potential bonanza in the downturn in private credit
Gulf states consider new pipelines to avoid Strait of Hormuz
Conflict prompts countries to revisit plans that replicate Saudi Arabia’s East-West pipeline despite huge cost and complexity