Investors at risk in absence of adequate US crypto regulatory regime
SEC rulebook makes it difficult to register as a securities exchange
Financial & markets regulation
KKR’s €22.5bn Telecom Italia offer gets tested
Plus, a German tech entrepreneur cashes in and Singapore’s GIC bolsters its bets on US private assets
Mergers & Acquisitions
TikTok operating chief Pappas to step down after five years
Shake-up comes as social media platform faces mounting regulatory pressure in US
Social Media
Germany locks in more US natural gas as it shuns Russian supply
State-owned group formed from Gazprom assets to purchase 2.25mn tonnes annually for 20 years
Shale Oil & Gas
PayPal/KKR: payment group finds willing buyer for its specialist assets
Buyout group’s purchase of loans gives the online company some breathing room
Mergers & Acquisitions
Ocado: Amazon bid rumours provide food for thought
UK retailer’s automated warehouses point to its potential as a pure-play tech group
Mergers & Acquisitions
The Bank of England’s credibility is still on the line
Half-point rise was a necessary signal of intent to get a grip on inflation
Central banks
Elliott/NRG: clash between energy group and activist will be a slow burn
Texas-based company announces plans to nearly triple size of its share repurchase programme from $1bn to $2.7bn
Mergers & Acquisitions
AI models fall short of draft EU rules, researchers say
Companies such as ChatGPT’s OpenAI, Google and Meta come under scrutiny with copyright being a major issue
Artificial intelligence
US to lend $9.2bn for Ford battery plants in clean energy push
Record loan from Department of Energy to help fund new factories in Tennessee and Kentucky
Electric vehicles, Batteries