Rolls-Royce boss hails recovery in long-haul jet demand
China’s recovery ‘stronger than we expected’, says chief Tufan Erginbilgic at Paris Air Show
Aircraft manufacturing
Telecom Italia: Italian saga series finale at risk from cornered Vivendi
Majority shareholder Vivendi has been gnashing its teeth in the wings and may try to stop the impending nuptials with KKR
Mergers & Acquisitions
Lookers/AAG: North American buyer to inject some oomph into UK car market
Canadian group’s valuation is persuasive given falling prices and market disruption
Mergers & Acquisitions
Lanxess: echoes of past should worry shareholders about future
Expect brokerage analysts to check their history books and rethink their recommendations
Chemicals
West faces climate ‘hit’ if global clean energy push fails, warns fund chief
Mafalda Duarte also vows to clean up Green Climate Fund in wake of 2020 sexual harassment scandal
Renewable energy
Canada’s Alpha Auto to buy UK dealership Lookers for £465mn
Board backs deal with privately owned group
Mergers & Acquisitions
Northvolt receives $400mn funding from Canadian pension fund
Investment Management Corporation of Ontario to boost Swedish battery start-up’s international expansion
Mergers & Acquisitions
Asset managers pressure tech companies over possible AI misuse
Financial firms worried about liability for human rights issues associated with the burgeoning technology
Artificial intelligence
Abu Dhabi’s ADQ held talks to acquire Lazard
Move underlines oil-rich emirate’s ambitions to acquire a western financial services company
Mergers & Acquisitions
Adobe’s $20bn deal to acquire Figma under threat from EU investigation
Transaction faces lengthy antitrust probe in Brussels as global watchdogs signal concern over market consolidation
Mergers & Acquisitions