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Company wields axe in cost-cutting drive amid threat of worldwide trade war

Move comes as FCC’s remit has broadened in face of hostile acts by Beijing

How Goldman Sachs learned to stop worrying and love ‘greedflation’

Convertible debt worth $48bn was issued last year in rare bright spot for corporate fundraising

Federal investigation of initiatives is bosses’ ‘number one’ worry as Trump attacks ‘immoral discrimination’

Chicago Fed’s index of financial conditions falls to lowest level since January 2022

Legal and accounting firms expect a fee bonanza from efforts to avoid expected tariffs and export controls

Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s security

But the picture is more mixed for big consumer brands

Rising stock prices and lower interest rates prompt the highest level of issuance in nearly three years