Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data grids
Philip Morris pivot from tobacco to healthcare with purchase of Vectura sparked opposition from doctors
Discussions come as Wall Street Bank scales back its consumer ambitions, including vaunted partnership with iPhone maker
Billionaire investor will focus on ‘running the firm’ he founded and ‘mentoring and coaching’ new talent
Apollo Belvedere Services forced into liquidation following clash over £10mn loan made in 2008
Mike Wirth says White House’s ‘attacks’ on natural gas threaten energy security for US allies
The company has staged a remarkable recovery since the ‘great correction’ of 2022 and now has the edge over Hollywood rivals
City fears loss of identity as Germany’s largest private employer moves to break its job security pledge
New reports on both sides of the Atlantic offer cause for concern and opportunity for change
Led by a onetime dealer in death benefit settlements, the leveraged buyout pioneer evolves into a bulge-bracket lender
Insurers are receiving a very handsome reward for such a low-risk business
Also in today’s newsletter, Fed rate decision and Meta faces hefty EU fine
Sony recently pulled the plug on ‘Concord’ after two weeks
Airline loyalty programmes have tested customer patience and now face government probes
US project commitments from South Korean companies totalled $21.5bn last year, more than any other country
Chancellor seeks to save £1bn on external contracts as part of spending review ahead of UK Budget
All three managers have filed for private markets retail funds within days of each other
Michael Kors among those called to testify as regulators try to block a deal between the owners of Coach and his brand
Brussels claims Facebook is breaking the law and undermining rivals with its free Marketplace services
Plus, the Nevada court battle over the future of Rupert Murdoch’s empire and how a corporate lawyer won gold at the Paralympics
Former vice-president says voters face ‘clearest choice ever’ in November poll
Stock exchange operator says digital coins becoming ‘recognised asset class’
Industry rushes to switch to clean energy as cost of state power network becomes crippling
Companies in Japan have long avoided foreign acquisitions, but that could be changing
Thousands of factories depend on the retailer but rivals are putting pressure on a model based on speed and thin margins
Japanese group wins extension to probe of deal that is opposed by Biden, Harris and Trump
Margrethe Vestager’s comments come as successor told to be ‘more supportive’ of companies
The alternative asset manager does a lot.
Regulator’s case against Prager Metis details alleged failures in examining the exchange before its collapse
Ecommerce group says it is ‘progressing options’ to demerge division
UK oil major has underperformed its rivals as oil prices have started to sink
Deal is a textbook example of how not to create price tension in a capital markets offering
Some operators have put off plugging wells in hope of passing on cost
Foreign secretary says government will build global clean power alliance for sharing knowledge and technology
Nearly half of participants in pilot programme allowed to vote their shares chose to let the asset manager do it for them
