London-listed group says second-quarter results will also include an impairment charge of up to $2bn
Struggling utility appeals to regulator Ofwat to approve new business plan
Plane maker’s stock rises as government contracting and bond ratings set to be unharmed
Analysis reveals some schemes pay up to 14 times more for the same product than rivals
Private equity interest drove transactions above £3bn in the first half the year, according to Savills
Counsel for EV company and shareholder who sued its board swap ‘real-life lawyer joke’ and ‘clown show’ barbs
Social media group suffers slowdown as billionaire divides audiences and Mark Zuckerberg launches rival platform
Saudi Aramco says combustion engines will be around for ‘very, very long time’ after Horse Powertrain investment
The world’s largest sportswear maker is in crisis as its sneakers lose some of their cultural cachet
Beijing rolls out huge investment to upgrade transmission system as shift from coal piles pressure on creaking grid
Region’s cell start-ups have suffered a series of major setbacks in recent months
Singapore state-owned investor ‘not in a hurry’ to invest in AI and warns of ‘hype’ in sector
Manager says it plans to capitalise on growing European demand for the products
US, UK, Germany and Japan back report alleging APT40 conducted ‘malicious’ cyber espionage activities
Where to hide when the AI bubble pops
Also in today’s newsletter, Biden holds on to presidential nomination and Modi holds talks with Putin
The son of Oracle founder Larry Ellison believes technology will be crucial to transforming the struggling studio’s fortunes
Better conditions that lead to more divestments and listings will stir up calls for corporate break-ups
Plus, the Melrose crew is back and Brookfield gets involved in short seller battleground
Chief executive of Nasdaq-listed Indian renewables group says companies are mis-priced as they struggle to raise cash
New private equity vehicle Rosebank Industries whose other backers include Norges and GIC will offer boost to London market
In the US, entrepreneurs, donors and family foundations are backing initiatives to teach the basics of managing money
Elon Musk-controlled group faces a growing urgency to move into lower-priced brackets
Closing arguments cap eight-week trial in which lawyers for former trader say government failed to prove its case
Category one storm hits Houston, leaving millions without power and killing two people
Chair Mervyn Davies urges governments to review policies which are limiting investment group’s ability to do business
Second-largest EV maker expands EU production as bloc clamps down on access for China imports
Neil Shen’s HongShan creates renminbi vehicle with more scope to invest in sensitive technologies than previous $9bn fund
Investor’s fund pays price for scepticism that chipmaker can continue growing at rapid pace
Review could be used to build support for health secretary’s reform plans
Canadian group could yet ‘build then buy’ to grab returns on offer in a market awash with possible deals
UK asset management group hires Andrew Chorlton from Schroders as replacement
The idea that mass tourism is creating knock-on effects like price rises is causing tension in the countries most-visited
For whom the cell tolls
International Edition
