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Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cut
Founder of cryptocurrency exchange had pleaded guilty to failing to establish proper money laundering controls
Latest move by world’s biggest money manager to build ties and win mandates in Middle East
Environmental claims come under scrutiny, including the benefits of offsetting emissions from flying
Tie-up between two lenders would near valuation of Santander
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflation
Mike Henry has positioned world’s largest miner for a big deal and was prepared for initial rejection by UK-listed target
EV maker’s chief executive held talks with Chinese premier and secured key approval for data use
Warning from head of Wallenius Wilhelmsen comes as shipping capacity set to increase by 42% in three years
iPhone maker has also created a secretive Zurich lab as it prepares fightback against rivals
The UK-listed miner has rejected an approach from BHP, but other bidders could emerge
Also in today’s newsletter, Fed decision day and Berkshire after Buffett
Ted Weschler and Todd Combs stand to take over a $354bn portfolio from the world’s best-known investor
The capital instruments introduce a range of risks that are frequently misunderstood
In today’s climate, public markets do not provide enough diversification
In a rare interview, the creative director reflects on his time at the Kering-owned house and his informed approach to design
Purchase of 10.5GW of electricity highlights rising energy needs of AI and cloud computing
Plus, the mining boss known as ‘Meticulous Mike’ and satellite companies in long-anticipated merger
US pharma group follows Eli Lilly with website for patients to obtain medication online
Now is not a time for paranoia but there is a case for extreme vigilance
The FT asked workers in animation, advertising and real estate to test rival AI systems that create short clips
PE plays growing role in the green transition but continues to invest in fossil fuels
What’s keeping oil prices from jumping higher?
Cigarette maker’s chief says its four factories and 4,000 workers in the country are operating as usual
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhere
The Democrat vehicle, NANC, has delivered better returns than the S&P 500, while oil-heavy KRUZ outperformed the DJIA
Resurgence of free cash flow at the ecommerce group is still fresh while capital expenditure is set to rise this year
How chair Mark Tucker came to have a third chance to choose the chief executive of Europe’s largest bank
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boost
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical moves
Patrick Stewart and Cliff Baty leaving ‘by mutual consent’ prior to arrival of Omar Berrada from rivals Manchester City
Shares of world’s most valuable pharmaceuticals group reapproach record highs
Might a STOLI cocktail leave a $20bn hangover?
Bank lifer says he needs ‘rest’ but insiders say the timing was partly dictated by chair Mark Tucker
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