Daily Recap

Friday, 22 May 2026

Business news today spans scrutiny, dealmaking and the hazards of overreach. In Washington, House Republicans have opened an insider-trading probe into prediction-market platforms Kalshi and Polymarket, seeking details on how they police trades tied to sensitive, even war-related, information. Elsewhere, corporate strategy remains active: LTM has put forward a €160 million offer for Randstad’s tech and consulting units in Europe and Australia, a bet on growth in AI, engineering and cybersecurity. In India, the government has launched an offer for sale of up to 8% in Central Bank of India, aiming to raise more than ₹2,200 crore, though the stock slid as the sale opened. And in a reminder that expansion stories can sour, reporting on Guzman y Gomez’s failed US push suggests investor enthusiasm outran market reality. Away from markets, Donald Trump Jr.’s private Florida wedding ahead of a Bahamas celebration added a dash of headline-grabbing family business.

Recap for Friday, 22 May 2026

Photos from today's Business coverage
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