Trump’s World Cup chief defends high ticket prices
‘We don’t really believe in price controls’ says Andrew Giuliani, despite outcry from fan groups Source link
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Toyota warns of $4.2bn hit from Middle East war
World’s biggest carmaker sells record 10.5mn vehicles last year on strong demand for hybrids Source link
Quarterly reporting: when is less important than what
Plus, Norway’s rate increase. And dishwashers. Source link
Sony says cost of developing PlayStation successor will hit gaming profits
Fourth-quarter profit misses expectations amid impairments as ¥500bn stock buyback announced Source link
‘Keep calm and carry on’ with Trump, says EU president Costa
Also in this newsletter: Prime Minister Giorgia Meloni expected to reaffirm Italy’s commitment to good ties with Washington Source link
The companies making billions from the Iran war
US giants ExxonMobil and Chevron saw their earnings fall compared with the same period last year, due to supply disruption from the Middle East, but both beat analysts’ forecasts and expect their profits to grow further as the year goes on, with the price of oil still significantly higher than when the war broke out….
China Sees a ‘Giant With a Limp’ as U.S. Drains Weapons on Iran War
America’s ability to deter China in a war over Taiwan is weakened, Chinese analysts say, giving Beijing leverage in an upcoming summit with President Trump. Source link
FirstFT: Reform UK surges in early election results
Also in today’s newsletter: US-Iran truce strained and ‘potential’ EU talks with Putin Source link
World Cup fans in China and India face broadcast uncertainty
Broadcasters in the two countries have yet to reach deals with Fifa, just weeks before the tournament is due to start. Source link