Siemens Energy: hurricane warning highlights industry-wide headwinds
Sector is struggling in the face of stretched supply chains and competitive pricing
Renewable energy
Advertisers should beware being too creative with AI
The sunny optimism of marketing evangelists gathered in Cannes ignores the downsides of the technology
Artificial intelligence
Financial ‘meme-lord’ Litquidity: ‘The market is beyond satire. You can’t make it up’
The anonymous Wall Streeter on finance’s brutal work culture, using humour as a coping mechanism — and why he traded a banking career for comedy
Lunch with the FT
SNB/Credit Suisse: Swiss central bank hints at higher capital requirements
Report suggests Finma could have done more, earlier
Central banks
PGA Tour rushes to contain fallout from golf tie-up with Saudi sovereign wealth fund
Many players remain frustrated while deal faces scrutiny in Washington
Travel & leisure industry
Italian oil major Eni buys Neptune Energy for $4.9bn
Carlyle-backed group in European sector’s biggest cash deal for almost a decade
Mergers & Acquisitions
Siemens Energy shares drop 30% on wind turbine problems
Energy group withdraws profit guidance for the year
Renewable energy
British retail sales grow as consumers spend on summer goods
Volume rose 0.3% between April and May, exceeding economists’ forecast
UK retail sales
Central banks’ battle with inflation enters a new phase of ‘pain’
Economists warn that recession will be the price of hitting 2% goals
Central banks
Eddie Wu prepares to run tech empire built with mentor Jack Ma
Alibaba co-founder to take the reins and preside over its break-up
Ecommerce