1. More Musk than you can shake a stick at
Yes, it’s an Elongated feature on the Tesla’s boss’s takeover of Twitter Inc (NYSE:TWTR). Take your pick from:
Elon Musk and Jack Dorsey to spearhead Twitter revolution?
Elon Musk will soon own Twitter but what are we likely to see next?
The Crypto Report: Cryptocurrencies rally as Elon Musk strikes Twitter deal
Why has Elon Musk bought Twitter and what does it mean?
2. Past its Primark?
Investors fear that price hikes designed to protect the fast-fashion firm’s margins may undermine what has thus far been a resilient business model.
3. Return of the hordes of hoarders
Sunflower oil sales have surged 27% since April on fears of shortages following Russia’s invasion of Ukraine, which is the world’s largest producer.
4. FTSE 100 finishes with modest gains
In London, the UK blue-chip index closed 5.65 points, or 0.1% higher at 7,386.19, just above the day’s low of 7,380.54 and well below the session peak of 7,463.15.
5. HSBC dives as it prepares for upsurge in bad loans
The bank revealed a 25% decline in profits in the first quarter as greater inflationary pressures following Russia’s invasion of Ukraine led it to prepare for higher levels of bad loans.