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Legal experts say reference to UK rules could portend trouble for Twitter

Online Editor

Twitter cited a new British law in a legal letter to Elon Musk, in what lawyers say may indicate that the UK government had concerns about what the $44bn transaction would mean for UK national security.

Twitter's legal team demanded the billionaire comply with his obligations under the merger agreement “including by taking all steps necessary to obtain a favourable outcome under the United Kingdom’s National Security and Investment Act 2021”, according to a 10 July letter to Musk's lawyers.

Twitter cites UK national security law in legal letter to Musk as $44bn deal teeters

Justin Cash

Twitter

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Tesla

Tech

Citi shuts Málaga office it opened to battle banker burnout

A&O Shearman boss Hervé Ekué: ‘My godfather was accused in a failed coup… he inspired me to be a lawyer’

A&O Shearman boss Hervé Ekué on skyrocketing pay rises: ‘We haven’t reached the top’

Fiera Capital managing partner Catherine O’Reilly exits

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The former Goldman Sachs  and TCI Fund Management employee has also stepped down from her board role at UK trade body the Investment Association

Who is JPMorgan’s new UK private banking boss?

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Maricé Brown is ‘JPMorgan through and through’ but is an unfamiliar name in the City

Ex-Bank of America trader joins Sumo as head of systematic fixed income trading

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Jugakalpa Das’ six-member pod will start trading for Sumo in July

Chicago-based Northern Trust has a market value north of $21 billion. The firms’ chief executives had at least one conversation.

Bank of New York Mellon Approached Northern Trust to Discuss Potential Merger

Oil seesawed and Asian equity markets were mixed after the U.S. carried out strikes on Iranian nuclear sites over the weekend, raising concerns about an escalation of the conflict that began with Israeli attacks on Iran.

Oil Stays Volatile as Markets Weigh U.S. Attacks on Iran

In a bid to address an AI crisis at his company, the Meta CEO has gotten personally involved in recruiting top talent.

By Meghan Bobrowsky, Berber Jin and Ben Cohen

Zuckerberg Leads AI Recruitment Blitz Armed With $100 Million Pay Packages

Israel’s attack on Iran gave the greenback a boost after a long stretch of trouble. But the long-run prospects for the dollar don’t look good.

The shipments have propelled Ireland, a country of only 5.4 million people, to the second-largest goods-trade imbalance with the U.S., trailing only China.

How Weight-Loss Drugs Blew Out the U.S. Trade Deficit

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