UK consumer confidence starts to recover as cost of living crisis eases
Better than expected figures for August boost recovery hopes
Consumer trends
Subway/Roark: PE firm adds sandwiches to the menu
US fast-food chain is one of the biggest globally but has struggled in recent years against fresher rivals
Travel & leisure industry
End of family ownership looms for sandwich maker Subway after $9bn deal
Sale signals renewed appetite from banks to finance private equity buyouts
Mergers & Acquisitions
Norway has a chance to transform climate finance
The country’s windfall from the energy crisis should be used to underwrite investments in developing countries
Renewable energy
Odey Asset Management abandons Mayfair headquarters
Firm’s move comes in the wake of sexual assault allegations against founder Crispin Odey
Financial & markets regulation
Turkey raises interest rates as it steps up decisive shift in economic policy
Central bank continues to unwind unorthodox position favoured by Erdoğan as it seeks to stem runaway inflation
Central banks
Nvidia/AI: demand surge will power more blowout results
The future is bright for the US chipmaker as it ramps up production to satisfy a growing list of customers
Artificial intelligence
Qatar combines rival tours in fast-growing sport of padel
Creation of professional circuit underlines wider transformation of world sport by Gulf investors
Travel & leisure industry
The link between Meloni’s windfall tax and the ECB’s bloated balance sheet
Central bank’s own actions may have set in motion chain of events that led to governments’ decisions to levy their lenders
Central banks
Wagner group’s Prigozhin presumed dead
Nvidia’s revenue more than doubled in the latest quarter
Financial & markets regulation