Congress should stop trying to make crypto happen
Republican proposal for new legislation would legitimise the digital asset industry and undermine investor protection
Financial & markets regulation
Nvidia’s AI software tricked into leaking data
Researchers manipulate feature in ways that could reveal sensitive information
Artificial intelligence
What an amusement park can teach us about central banks
Nobel laureate Robert Lucas used stories to explain how policymakers might engineer a recession — or cause shortages and inflation
Central banks
Private equity hit by Earth, Wind and Fire in Berlin
Also in today’s newsletter, 13 women accuse Crispin Odey of harassment, abuse and fostering a toxic workplace
Mergers & Acquisitions
Erdoğan taps former Goldman Sachs banker to head Turkey’s central bank
Hafize Gaye Erkan, the first woman to lead the institution, could raise interest rates to combat inflation
Central banks
Brookfield strikes £2.2bn deal for London-listed payment processor
Canadian investment group plans to combine Network International with former First Abu Dhabi Bank unit Magnati
Mergers & Acquisitions
Labour scales back commitment to £28bn green plan
Shadow chancellor Rachel Reeves says borrowing for infrastructure investment would ramp up gradually
Renewable energy
Telegraph Media Group: trophy status could trump fundamental value
The Telegraph is not some wannabe new media business
Mergers & Acquisitions
Adobe chief warns competition watchdogs against stifling innovation
Shantanu Narayen says blocking deals such as its proposed Figma takeover will lead to less investment in start-ups
Mergers & Acquisitions
Nearly ‘impossible’ to manufacture batteries without China
Also in today’s newsletter, US solar industry had its best first-quarter ever — and there’s no sign of a slowdown
Renewable energy, Batteries