Audi chief ousted after German carmaker lags behind rivals
VW replaces Markus Duesmann with strategy head Gernot Döllner after mounting tensions
Electric vehicles
Jefferies: chlorophyll thrills cost a lot of lettuce on Wall Street
But the standalone investment bank thinks the worst of its revenues doldrums is over
Investment Banking
Three men charged with insider trading related to Trump media Spac
US authorities allege more than $20mn in ill-gotten profits after private merger information was shared
Social Media, Digital Media, Mergers & Acquisitions, Financial & markets regulation
AI boom forces tech companies to make M&A choice
Groups have to decide whether to build, partner or buy to take advantage of the innovations
Mergers & Acquisitions, Artificial intelligence
Google pulls its news service from Canada
Decision comes in response to law requiring payment to Canadian publishers for links
Social Media
Microsoft and Nvidia join $1.3bn fundraising for Inflection AI
Year-old start-up created by DeepMind co-founder adds to excitement around generative products
Artificial intelligence
EU bows to exchanges’ fears with stock trading plan
European authorities agree to create consolidated records of securities deals
Financial & markets regulation
City minister rejects claims listing reforms would hurt London’s standing
Andrew Griffith and LSE chief Julia Hoggett defend FCA’s planned shake-up from complaints by top investors
Financial & markets regulation
Bank of England unveils post-Brexit overhaul of insurers’ rules
Central bank’s regulation arm says Solvency II proposals will ‘reduce bureaucracy’
Financial & markets regulation
Buyout funds/AI: robotic word nerds may make LPs better investors
External investors that back private equity funds need all the help they can get
Artificial intelligence