Figma’s $50bn reasons to thank Lina Khan
Plus, public creditors take a hiding at Saks Global and Chevron’s vaunting oil ambitions
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Crypto needs to move beyond black and white thinking
Yes, there are risks, but we should recognise that the underlying technology can be useful
Trump pushes India into a corner over trade
Also in this newsletter: Indian banks post a disappointing quarter
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