KKR explores $10bn sale of ex-Unilever spreads business
Private capital firm hires bankers to sell Flora Food Group after ditching targets to make its portfolio plant based Source link
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Private equity’s tempest in a teapot
CVC and KKR are facing the prospect of extended ownership of food businesses they acquired from Unilever Source link
Bank of England in stand-off with FCA over trading firms’ capital
Rare dispute emerges after watchdog proposes to boost liquidity for groups such as Jane Street and Citadel Securities Source link
Oil surges past $125 as fears of prolonged supply disruption grow
Brent crude sets new conflict high as blockade of Strait of Hormuz continues Source link
Can the EU get kids off social media?
Also in this newsletter: European Commission trade chief turned down new department role for teaching post Source link
French lenders miss out on trading boom powering Wall Street banks
BNP Paribas and Crédit Agricole report higher first-quarter profit but are unable to fully capitalise on market volatility Source link
In France, Trump’s Triumphal Arch Draws Eye Rolls
The Arc de Triomphe in Paris, which the president vows to top in Washington, offers a lesson in the complicated history of monuments. Source link
Police say they believe abducted child was murdered as body found in Outback
Five-year-old Sharon was last seen on Saturday at an Aboriginal town camp near Alice Springs. Source link
Rising Fuel Prices Could Force Excruciating Choices on Economic Policies
The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage. Source link
Oil jumps to highest price since 2022 after report Trump to be briefed on new Iran options
US Central Command has prepared a plan for a wave of “short and powerful” strikes on Iran in a moved aimed to break the deadlock in negotiations with Tehran, news site Axios reported. The BBC has contacted US Central Command and the White House for comment. Source link