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...it had discovered a potential 10bn barrels of oil off the coast of Namibia....
...Adidas: Shares in the German sportswear brand advanced 6 per cent after it reported a better than expected first quarter and lifted its full-year guidance for operating profit to €700mn from €500mn....
...JD Sports: Shares in the UK-based sports fashion retailer rose 5.1 per cent after it agreed to a deal to acquire US rival Hibbett for $1bn....
...UK media: Regulator Ofcom publishes a report on media use and attitudes of parents and children....
...Survey data from the previous quarter showed consumer confidence rose for a fifth consecutive quarter to its highest level in two years....
...Core inflation, which strips out energy and food prices, is expected to slow to 4.3 per cent from 4.5 per cent in the previous month EU events: A special summit of EU heads of state focuses on improving...
...Israel launched a retaliatory attack on Iran on Friday morning in response to last week’s strike by Iran on Israeli soil....
...Here’s what we know so far: A senior military official in Isfahan said air defences had fired at unidentified objects and played down any damage....
...We should take a leaf out of America’s book and get better not just at sharing our achievements, but also making the space for others to do the same. jemima.kelly@ft.com...
...morning, in a suspected retaliatory attack by Israel following last week’s assault by Tehran....
...European stocks sank in early trading on Friday amid a global sell-off after Israel launched retaliatory strikes against Iran....
...“It is absolutely necessary that the region remains stable and that all sides restrain from further action,” von der Leyen told reporters at a press conference with Finnish Prime Minister Petteri Orpo....
...“They do have enough nuclear material for several nuclear warheads — does that mean they have a nuclear weapon? No,” Grossi said. “It requires many other things. But the situation is a serious one.”...
...Société Générale: Shares in the French financial services group rose 4.5 per cent after it announced a deal with Saham Group to sell Société Générale Marocaine de Banques and La Marocaine Vie in a transaction...
...Nietzsche, not enough Aristotle / From Owen Kelly, University of Edinburgh Business School, Edinburgh, UK...
...I love this haiku from the 18th-century Japanese poet Kobayashi Issa: “What a strange thing! / to be alive / beneath cherry blossoms.” jemima.kelly@ft.com...
...Tui: Shares in the German travel company rose 3.5 per cent on its first day with a primary listing on the Frankfurt stock exchange....
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...a £1bn share buyback....
...Robert Walters: Shares in the UK-based international recruitment company slipped 6 per cent after it reported a 16 per cent annual fall in net fee income for the first three months of the year and warned...
...Sunak, speaking on Friday at a press conference focused on the UK government’s plans for welfare reforms, said the current situation in Israel and Iran was developing and that “it wouldn’t be right to speculate...
...Rheinmetall: Shares in the German defence company rose 2.3 per cent after it received a new government contract to provide weapons systems for self-propelled howitzers, in a deal worth €135mn....
...Martin Flodén, deputy governor of Sweden’s Riksbank, speaks at a DNB Bank event about the country’s economy and monetary policy....
...Swedish inflation: The Riksbank is predicted to report a March annual inflation reading of 2.6 per cent, according to analysts polled by the London Stock Exchange Group....
...Mobico: Shares in the international transport group formerly known as National Express slid 10 per cent after the FTSE 250-listed company warned of a hit to profits in light of a review into the accounts...
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