When Italian VC Pino Venture Partners took a 10% stake in an obscure Sardinian telecoms firm Tiscali in 1998, it knew it had backed a winner.

Tiscali's chief executive Renato Soru had just read that Freeserve, the UK ISP, was gathering millions by offering free internet access, and wanted to repeat the model across Italy.

Tiscali blossoms in internet access ranks

Sardinian telecoms company is the one to watch in the battle for eyeballs on the web as it finalises a &euro5.9bn takeover of WorldOnline

Steve Murphy

Tiscali

Goldman Sachs

Microsoft

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Julius Baer CEO Stefan Bollinger: Cost cuts won’t be felt until 2026

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Trading Places: Barclays hires new M&A boss, Julius Baer restructures again

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Find out who is on the move in the City and beyond this week

HSBC hands Blackburn top risk role as shake-up continues

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The UK lender has given the leading compliance job to a 20-year veteran

Barclays hires Centerview dealmaker Woeber to lead global M&A

https://images.fnlondon.com/im-71578134?size=1.5

The UK lender has tapped a veteran dealmaker to head up a key area of growth

Wells Fargo booked a bigger profit in the first quarter, which ended just before President Trump’s tariffs set off market turmoil.

Several big law firms are discussing $500 million in pro bono legal services with the White House to avert restrictions on their business, people familiar with the matter said.

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Treasury Secretary Scott Bessent helped persuade the president to take some time and negotiate with trading partners in the face of pressure from business leaders.

By Annie Linskey, Josh Dawsey and Meridith McGraw

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Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said.

Amazon CEO Says Generative AI Will Reinvent Every Customer Experience

Carney said the 90-day pause, and Trump’s pledge to negotiate new trading arrangements with dozens of countries, “will likely result in a fundamental restructuring of the global trading system.”

Trump’s Tariff Pause ‘Welcome Reprieve’ For Global Economy, Canada PM Carney Says

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