Ben Dummett

London

Reporter at The Wall Street Journal

Wall Street Journal European M&A reporter/contact me securely on Whatsapp/Telegram/Signal +44 7776161295

Articles

Bessent Says More U.S.-China Trade Meetings Likely in 'Next Few Weeks'

2 days ago | wsj.com | Ben Dummett

Treasury Secretary Scott Bessent said the U.S. and China could start work soon on a fuller trade agreement, after the countries struck a temporary deal to slash tariffs. “We got a lot done over two days, so I would imagine in the next few weeks we will be meeting again to get rolling on a more fulsome agreement,” Bessent said in a CNBC interview Monday, after marathon weekend talks in Geneva. Asked if the next jobs report would show a dropoff in U.S. hiring, Bessent expressed optimism.
Exclusive | Elliott Eyes Bet on Pipeline Carrying Russian Gas

5 days ago | wsj.com | Georgi Kantchev |Ben Dummett

The deal involves a package of infrastructure in Bulgaria, including Russia’s last operational natural-gas link to EuropeElliott Investment Management is in talks to buy a stake in a package of infrastructure assets, including a pipeline that carries Russian natural gas to Europe—a deal that could form a template for reviving Moscow’s once-mighty energy business by involving American investors.
Exclusive | Germany’s Merck Nears Roughly $3.5 Billion Deal for SpringWorks

2 weeks ago | wsj.com | Ben Dummett |Lauren Thomas

The two companies have been talking for months about a dealThe details The two parties have agreed on a price close to $47 per share, and a deal could be completed as soon as Monday, assuming the talks don’t hit any more last-minute snags, the people added. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
Trump Says Fed Chair Powell's 'Termination Cannot Come Fast Enough'

3 weeks ago | wsj.com | Ben Dummett

President Trump escalated his feud with Federal Reserve Chair Jerome Powell over interest-rate policy. On Wednesday, Powell said the recent market selloff was understandable given the uncertainty over Trump’s tariff policy. In response, Trump took to Truth Social early Thursday morning. “Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete “mess!”” Trump wrote.
Gold on Pace to Hit New High

1 month ago | wsj.com | Ben Dummett

Gold continues to gain, on pace to establish a new all-time high as investors seek refuge from the market volatility in save-haven assets. The price earlier Friday hit an all-time intraday high of $3,246.80 a troy ounce. It more recently traded slightly lower at $3,236.70, but that level still puts it on pace to settle at a new record level for the second consecutive day, based on Dow Jones data from January 1975.
普拉达收购范思哲的交易在市场动荡下面临破裂风险

1 month ago | cn.wsj.com | Ben Dummett

市场波动以及关税的不确定影响给普拉达从时尚集团Capri Holdings手中收购范思哲的谈判增加了难度，关税已对奢侈品零售业造成冲击。据知情人士透露，在金融市场经历历史性动荡之际，普拉达(Prada)从时尚集团Capri Holdings手中收购范思哲(Versace)的谈判面临在最后一刻破裂的风险。普拉达已初步同意以约14亿美元的价格从Capri手中收购范思哲，这笔交易最早可能在周四上午宣布。但知情人士补充说，普拉达家族成员仍需签署协议。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8立即订阅热门文章热门视频
プラダのヴェルサーチェ買収に暗雲市場混乱で

1 month ago | jp.wsj.com | Ben Dummett |Lauren Thomas

イタリアのファッションブランド大手プラダは同業カプリ・ホールディングス傘下の「ヴェルサーチェ」を買収する計画だが、金融市場の混乱を背景に、土壇場で頓挫する可能性が出てきた。複数の関係者が明らかにした。　プラダはヴェルサーチェを約14億ドル（約2000億円）で買収することで暫定合意しており、早ければ10日午前にも発表する可能性がある。ただ、プラダ一族はまだ計画を承認していないと関係者は話した。Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
BlackRock Turns Cautious on U.S. Stocks

1 month ago | wsj.com | Ben Dummett

Researchers at the world's biggest asset manager have grown more wary about U.S. equities. “We turn cautious on a shorter, three-month tactical horizon,” wrote Jean Boivin, head of the BlackRock Investment Institute, and colleagues in a note this week. “Policy uncertainty may weigh on growth and stocks in the near term—and the longer elevated uncertainty persists, the more damage it can do,” they wrote. or Subscribe to get unlimited access to articles.
Hedge Funds Have Been Heavy Sellers of Stock. Could Everyday Investors Be Next?

1 month ago | wsj.com | Ben Dummett

Could individual investors be the next to run for the exits? "Retails have been unsuccessfully buying the dip this month, now sitting on losses," a team at the bank said in a report. Premarket drops Monday suggests those losses could worsen. That raises the risk that small investors capitulate and start to unload holdings.
Europe Is Prepared to Retaliate but Prefers to Negotiate, Says German Diplomat

1 month ago | wsj.com | Ben Dummett

The European Union is prepared to retaliate against the 20% tariff that its faces from the U.S. if a compromised settlement can’t be reached, Miguel Berger, Germany’s ambassador to the U.K., said in an interview with Sky News on Sunday. Berger described the planned tariffs as “the biggest assault we have seen since the end of the second world war on global trade” but said that negotiation is preferable to the riskier strategy of initiating a trade war. Take Germany’s key auto sector.