Japan election: Stocks surge as Takaichi secures historic election victory

Since the conflict began, the price of oil has soared and is currently trading at over a third higher at $100 a barrel, pushed up by air strikes on shipping and energy infrastructure, and the effective closure of the Strait of Hormuz, a vital waterway for energy shipments, which carries a fifth of global oil…

“I’ve had to turn my heating off already, I’ve put more blankets on the bed to try and keep the girls and myself warm, I’ve put jumpers on, I’ve made sure we don’t use as much hot water as that drains your oil quite substantially, so I’m boiling the kettle more, but that uses more…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global dealmaking topped $4tn this year for the first time since the boom of 2021, as a record number of megadeals lifted investment banking fees to their second-highest level ever. A total of 68 deals…