Market News

SpaceX says Tesla merger needs Musk’s approval, discloses megapack purchases

Oil little changed as supply concern lingers amid Houthi attacks on Saudi Arabia Reuters

Smith & Nephew was in talks to combine with J&J’s orthopaedics unit but refused to agree to former CEO leading combined business

Company hopes for state backing of up to £200mn to put towards engine for short-haul aircraft

If inflation and debt rise and AI optimism falls, then the danger of reducing Treasury maturities grows

Mike Waltz warns Tehran it must reach a ‘meaningful agreement’ on its nuclear programme

Japanese bonds and yen rally as Asian stock markets follow Wall Street lower

Government claims chancellor’s deregulation drive could cut costs by £800mn annually

Israel military: two suspected attackers killed after shooting attack near Judea junction Reuters

Bonds and stocks tell the same chilly story