Toyota to step up hydrogen fuel cells push outside Japan
With growth falling below target in their home market, companies are looking abroad for opportunities
Hydrogen vehicles
Bank of America to pay $250mn for overdraft and credit card abuse
Lender ‘withheld rewards, double-dipped on fees and opened accounts without consent’
Financial & markets regulation
Time for some Agency in central bank modelling
Never send a human to do a machine’s job
Central banks
EU set to clear Broadcom’s $69bn acquisition of VMware
UK and US remain among holdouts to one of the biggest tech acquisitions as they continue to probe competition concerns
Mergers & Acquisitions
Nuclear fission start-up backed by Sam Altman to go public
Oklo valued at $850mn in transaction through spac set up by OpenAI chief
Mergers & Acquisitions
US judge denies FTC request to block Microsoft-Activision merger
Ruling said antitrust regulator failed to show deal would harm competition in video game market
Mergers & Acquisitions
UK seeks to overturn EU ban on ‘naked’ short selling in gilt market
Restrictions on betting against sovereign debt have hurt liquidity, says Treasury
Financial & markets regulation
Amazon becomes first US company to challenge EU digital rules
Seattle-based group files legal action against proposed legislation designed to rein in Big Tech
Ecommerce
The key to unlocking European gas supplies
Also in today’s newsletter, energy traders’ voracious appetite for LNG contracts
Renewable energy
OECD says rich economies on cusp of AI ‘revolution’
Paris-based multilateral organisation calls on membership to prepare for negative side-effects from mass adoption of technology
Artificial intelligence