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UK appoints weapons chief to fix wasteful defence spending
Rupert Pearce’s appointment comes as government seeks to deliver pledge to drive growth through increased military spending
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Trump to meet Zelenskyy in Washington on Friday
US president has floated selling long-range Tomahawk missiles to Ukraine in bid to end war
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Trump and Xi still plan to meet this month, Bessent says
US and Chinese officials will also hold talks this week about escalation in trade tensions
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Jefferies says First Brands losses can be absorbed
Bank denies earning undisclosed fees on financing provided to auto parts supplier through ‘side letter’
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First Brands founder Patrick James steps down as CEO
Charles Moore of Alvarez & Marsal to become ‘interim chief executive’ as well as chief restructuring officer
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Trump’s weekend retreat shows weakness of his position
Beijing’s rare earths announcement got a shortlived overreaction from the US president
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Why peace in the Middle East may still be elusive
A ceasefire and hostage release are cause for celebration. But big questions remain about the rest of the Trump plan
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JPMorgan backs ‘America First’ push with up to $10bn investment
Chief executive Jamie Dimon says US too dependent on ‘unreliable’ sources of materials ‘essential’ to national security
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