Cut public spending or boost taxes to help tackle inflation, says BIS
Loose fiscal policy and interest rate rises will test financial stability, Bank for International Settlements warns
Central banks
End of the line? Italy’s fashion houses face succession dilemmas
The personalities of visionary founders have shaped the country’s foremost brands. Can they prosper without them?
Luxury goods
Oil and gas majors step up efforts to diversify into lithium
Groups pin hopes on technological breakthrough to produce metal critical for electric car transition
Electric vehicles, Batteries
Europe’s bank resolution authority seeks ‘firepower’ to deal with collapsed lenders
Chair Dominique Laboureix calls for policymakers to ‘come back to the drawing board’
Financial & markets regulation
UK electricity network faces ‘mind-boggling’ scale of change over net zero
Investors behind monopolies face navigating demands of regulators and communities on bumpy path to cleaner energy
Renewable energy
Australian police raid Britishvolt owner over suspected tax fraud
David Collard bought the UK’s best hope for a homegrown battery champion out of administration
Batteries
Men’s tennis tour in talks with Saudi wealth fund about joint investments
ATP Tour chair Andrea Gaudenzi held ‘positive’ talks with PIF to back sports projects and ventures
Travel & leisure industry
Plane makers tout efficiency tech as aviation plots flight path to net zero
This week’s Paris air show was a showcase of fuel-saving developments but critics say fleet growth will offset gains
Aircraft manufacturing
Advertising groups look to their own creative transformations at Cannes
The industry faces tougher economic conditions as well as challenges from the rising use of AI
Advertising
Frasers’ shopping spree: Mike Ashley-owned empire snaps up stakes
Group has bought shares in retailers spanning electrical items to fast fashion
Mergers & Acquisitions