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Wednesday’s Financial Times has a report about Wall Street bank Goldman Sachs using a fund “set up with Chinese state money” to buy a number of UK and US companies – including one that the paper says provides services to the British government. Citing “multiple people with knowledge”, the FT says the bank completed said deals using a “$2.5bn (£1.9bn) private equity partnership fund it set up in 2017 with the sovereign wealth fund China Investment Corporation”

Financial Times Front Page 7th of May 2025

A nearly concluded trade deal with the US could potentially lower levies on steel and cars, while negotiations on pharmaceutical regulations continue without concessions on food, prompting optimism that an agreement might be reached this week.

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