Ant Group fined $1bn as China regulators conclude overhaul
Tencent also handed penalty as part of government crackdown on fintech companies
Fintech
Who’s behind all those weird product ads on Twitter?
And has one of the biggest advertisers just been nuked?
Social Media
Cryptofinance: BlackRock takes on SEC in bitcoin ETF battle
Plus, the Winklevoss twins’ war of words with DCG and bitcoin’s thin rally
Financial & markets regulation
Open Society president Mark Malloch-Brown: ‘Obviously “Lord Global” got that wrong’
The liberal standard-bearer on George Soros as a father figure, the rise of populism — and the farce of Britain’s honours system
Lunch with the FT
Why Spain’s election threatens the EU’s climate agenda
Also in this newsletter: Bigger, greener trucks
Hydrogen vehicles
Investment banks squabble over carbon footprint of underwriting deals
Working group votes on whether to exclude portion of underwriting deals from net zero targets, but critics see ‘double standards’
Investment Banking
No country can solve critical mineral shortages alone
Achieving the energy transition will demand far more lithium and other essential commodities by 2030 than we are on track to produce
Electric vehicles
What is Ryan Reynolds doing on LinkedIn?
Celebrities are taking their place alongside the site’s humblebraggers and ‘thought leaders’
Social Media
Bond bull markets: lessons from the past
The reality is that nothing in fixed-income markets is ever risk-free
Central banks
Stone rarities show scale of Tiffany’s newfound ambition
Brand aims to restore its ‘aesthetic excitement’, signalled by arrival of spectacular yellow rough diamond and emerald
Luxury goods