Europe rules out joining Trump’s Hormuz armada
Also in this newsletter: The Iran war’s cost to combustion engine cars
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Australia raises interest rates in big week for global central banks
Oil disruption deepens concern that price increases could hit economy
Oil prices reignite great airline debate: to hedge or not?
There is a case for bosses to accept that market forces, like bad weather, just have to be navigated as they arise
Blue Owl tipped UK mortgage lender into insolvency after uncovering ‘irregularities’
Founder of collapsed bridging loan specialist Century Capital is now trying to relaunch business
Europe is also at risk from credit cockroaches
Lenders should brace for US-style legal action over acting in co-operation over debt restructuring
Washington seeks to reassure sovereign wealth funds over tax changes
Top foreign investors have warned they could cut their US exposure if Treasury presses ahead