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Also in this week’s newsletter, a new chess championship and a fresh crisis for French football

Founder of XTX Markets fails in challenge against HMRC treatment of deferred payment plan

Move by Americans for Prosperity Action shows support for Trump rival fading after her loss in South Carolina

A survey of the global elite shows the ‘great transfer’ between generations has overtaken entrepreneurship

CEOs are lining up for a swearing-in ceremony that is expected to smash fundraising records

Bharti Airtel’s joint venture with Eutelsat OneWeb could start operating in June

Patrick Soon-Shiong and Jeff Bezos announce efforts to address bias at LA Times and Washington Post

Plus, Microsoft walks away from some CoreWeave commitments and two hedge fund giants grapple with their legacy

Judge says Iya Patarkatsishvili and husband are due ‘substantial’ damages after London property affected by millions of insects

Households asked to pay an extra £156 per year on average by 2030