Pret A Manger owner JAB books $6bn in 2025 from JDE Peet’s sale
Wealth manager for billionaire Reimann family has overhauled its investment focus from consumer sector to insurers
Wealth manager for billionaire Reimann family has overhauled its investment focus from consumer sector to insurers

But it relies on a host of rosy assumptions going in investors’ favour

Disruption to business models could leave corporate sponsors too stretched to cover DB scheme liabilities

Some investors reduce positions or buy protection for their portfolios amid concerns over valuations

Record haul surpasses investment banks which once dominated Wall Street

Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value

Pact could pave the way for a break-up of the US drinks giant