Banking

One sizzling scoop to start: Steak restaurant group Hawksmoor has been put up for sale in a deal that could value the chain at about £100mn, according to two people familiar with the matter, as it seeks to grow its international footprint.And the rekindling of a merger: Paramount has resumed merger talks with independent production studio Skydance Media just weeks after an earlier deal fell apart at the last minute, people briefed about the matter said. The renewed bid includes a higher offer to get the deal done.Welcome to Due Diligence, your...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brussels is drawing up plans to impose customs duties on cheap goods bought from Chinese online retailers including Temu and Shein in an effort to stem a surge in what the EU says are substandard items coming from China. The European Commission later this month will suggest scrapping a current €150 threshold under which items can be bought duty free, three people briefed on the matter told the Financial Times. The main platforms...