Fed warned Goldman Sachs over risk and compliance oversight at fintech unit
US bank stops taking on riskier clients, according to people with knowledge of the warning
Fintech, Financial & markets regulation
The Vietnamese tycoon behind a $95bn car company
Shares of VinFast have eclipsed those of more established rivals even though it sold just 24,000 cars last year
Electric vehicles
UK publishers urge Rishi Sunak to safeguard intellectual property from AI
Trade body calls on prime minister to ensure developing technology is trained ‘transparently’
Artificial intelligence
UK government set to omit audit reform from legislative plans
Overhaul of accounting regulation and corporate governance is facing fresh delay
Financial & markets regulation
UK government seeks expanded use of AI-based facial recognition by police
Move comes after privacy campaigners and independent academics criticised technology for being inaccurate
Artificial intelligence
FDIC: pricey deposits make bond ballast acceptable cargo for banks
Additional layer of debt capital would theoretically impose losses upon sophisticated private sector investors
Financial & markets regulation
A regulatory butterfly effect threatens UK investment companies
An uneven playing field is preventing these funds from putting money into the productive economy
Financial & markets regulation
UK air traffic control outage caused by unusual flight plan data
Airlines call on Nats to cover costs that could amount to £100mn due to delays and cancellations
Travel & leisure industry
The Age of Prediction — where will algorithms take us?
An ambitious study explores the problems and paradoxes arising from the startling breakthroughs of AI
Artificial intelligence
Ørsted: energy group struggles to divine which way wind’s blowing
Danish generator has a bad habit of springing negative surprises
Renewable energy