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Funds go into escrow while Brussels ruling on illegal state aid challenged

Beijing drags on pledge to lift caps on offshore ownership of securities groups

Analysis Ecommerce

Rising incomes are pushing shoppers online but country poses logistical challenges

US president puts on a show for French counterpart but split remains over Tehran deal

Chozick’s book reveals how Clinton team believed Trump’s run was ‘gift from heaven’

China’s exclusion from talks prompt concerns of being outflanked by Washington

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Caterpillar suggests first-quarter earnings are a ‘high watermark for the year’

Regulator statement on CDS agreements follows legal clash over Hovnanian deal

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French president seeks to bolster relationship in carefully choreographed state visit

Proposed acquisition would value Indian ecommerce group at about $20bn

Shadow banking curbs force lenders to bring shadow loans back on to balance sheets

US News

Defeat for smaller inventors who say process has undermined value of their work

’Twisted mango’ and ‘feisty cherry’ gave brand first N America sales growth in 8 years

Shared office space provider valued at $20bn to tap markets for first time

Company settles charges it failed to disclose details of 2014 attack by Russian hackers

Opinion

Highlights

Portrait sold for $26.9m when it last came to auction in 2003

Chairman has indicated a change to the alliance’s capital structure is in the mix

A challenging analysis that forces us to reconsider how our economies work — and who it works for

Markets News

Caterpillar suggests first-quarter earnings are a ‘high watermark for the year’

An increasing concentration of volumes from 3.30pm to 4pm is causing concern

Caterpillar and Alphabet shares tumble, 10-year Treasury yield tops 3%

Technology

Disruption has reached the information hub of the office — and workers must adapt

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Move follows online petition signed by 1.3m demanding removal of update

Life & Arts