Article 6H7DY Adobe’s $20bn merger with Figma abandoned; UK economy ‘limping’ as high interest rates bite – as it happened

Adobe’s $20bn merger with Figma abandoned; UK economy ‘limping’ as high interest rates bite – as it happened

by
Graeme Wearden
from on (#6H7DY)

Adobe's proposed $20bn merger with product design software company Figma has been terminated, following competition probes in EU and UK

BP Plc said it will pause all its oil tanker shipments through the Red Sea.

The move follows an escalation of attacks on merchant shipping being mounted from Yemen's ports by Houthi forces.

The safety and security of our people and those working on our behalf is BP's priority.

In light of the deteriorating security situation for shipping in the Red Sea, BP has decided to temporarily pause all transits through the Red Sea."

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