California clears way for driverless taxis in San Francisco
Regulators give green light despite concerns from officials about vehicles’ safety
Driverless vehicles
How high street stalwart Wilko came unstuck
Discount chain collapsed after almost a century in the face of competition, supply chain problems and inflation
UK retail sales
How high street stalwart Wilko came unstuck
Discount chain collapsed after almost a century in the face of competition, supply chain problems and inflation
UK retail sales
Tapestry/Capri: road to US luxury brand is not paved with gold
Significant debt is being taken on for a group in which sales are mostly generated by struggling Michael Kors
Luxury goods, Mergers & Acquisitions
US investors face uncertain future in China after tech ban
Private equity and venture capital funds targeted in Biden administration’s crackdown
Artificial intelligence
Deliveroo to return extra £250mn to shareholders
London-based food delivery group gains confidence after losses narrow
Travel & leisure industry
India approves Sony-Zee merger to form nation’s biggest media company
Japanese entertainment giant will have 51% stake in venture with more than 70 TV channels
Mergers & Acquisitions
X chief Linda Yaccarino revives ‘client council’ in effort to woo advertisers
New CEO tries to mend fences with brands after Elon Musk took over platform formerly known as Twitter
Advertising, Social Media
Lebanon’s ex-central bank chief hit with international sanctions for alleged graft
US, Canada and UK say Riad Salameh and several associates engaged in ‘unlawful self-enrichment schemes’
Central banks
UK will struggle to lure new offshore wind projects, warns Ørsted
Danish wind farm developer’s chief says soaring costs dent attractiveness of the current auction round of UK government contracts
Renewable energy