Inflation’s return changes the world
Is this an enduring shift in the monetary environment or a temporary one? At the moment, we do not know
Central banks
UK banks/FCA: slowing beta is already keeping the alpha at bay
The row over bank ‘profiteering’ is unlikely to have much practical impact
Financial & markets regulation
Swiss investors in Credit Suisse join class action challenging UBS deal
Ethos Foundation says shareholders were hurt by deal they were not allowed to vote on
Mergers & Acquisitions
Opec is pushing oil uphill
Also in today’s newsletter, hedge fund bets on higher oil prices are evaporating
Shale Oil & Gas
Ineos owner Jim Ratcliffe accuses UK regulator of being ‘hostile to business’
The businessman is the latest to criticise what some executives view as an increasingly aggressive stance by the CMA
Chemicals, Mergers & Acquisitions
Behind the wheel of the electric Rolls-Royce Spectre
It’s a car of epic proportions, but how well does the maker’s first EV venture perform?
Electric vehicles
Meta suffers fresh setback after EU ruling on use of personal data
Move marks big step for competition authorities to scrutinise the way Big Tech handles information
Social Media
Accor: post-Covid uplift gives Ibis a chance to soar
Hotel group is a cheap way for investors to join in the post-pandemic tourism festival
Travel & leisure industry
Drone attack on Moscow takes Ukraine war closer to Russian capital
Five drones shot down over suburbs, marking at least third such incident this year
Drones
Call for entries: FT Tech Champions 2023
Which UK and European companies are using technology to thrive amid economic and geopolitical crises?
Artificial intelligence