Yahoo plots return to public markets
Jim Lanzone, chief executive of internet brand, says company is profitable as a private company and will seek a future IPO
Mergers & Acquisitions
Illumina faces record fine over purchase of Grail without EU approval
World’s biggest gene sequencing group closed deal with cancer screening start-up despite ongoing investigation
Mergers & Acquisitions
Why are interest rate rises not taming inflation?
Tight labour markets and outright home ownership delay the return to price stability
Central banks
The latest obstacle to private equity dealmaking
Plus, private equity circles Worldpay and the big winner from Mizuho’s Greenhill acquisition
Mergers & Acquisitions, Financial & markets regulation
Toyota says solid-state battery breakthrough will halve cost and size
World’s biggest carmaker by sales plans to commercialise technology in electric vehicles by 2027
Electric vehicles, Batteries
Rating the ESG rating agencies
The raters are growing in influence — but research by three academics questions the way they work
Business education
Meta poised to launch rival to Twitter
App called Threads set for release this week on Apple’s App Store
Social Media
Trump Media merger partner reveals $18mn preliminary settlement with SEC
Digital World Acquisition Corporation’s ‘agreement in principle’ would require approval of US securities regulator
Social Media, Mergers & Acquisitions, Financial & markets regulation
FirstFT: Electric vehicle shares in overdrive after strong volume data
Also in today’s newsletter, US Treasury secretary to visit China and Israel’s largest military assault in the West Bank in years
Electric vehicles
UK watchdog summons bank chiefs to tackle accusations of ‘profiteering’
Savings rates lag behind mortgage costs but lenders fear FCA intervention could be ‘dangerous’
Financial & markets regulation