Power-starved North Korea turns to solar energy to keep the lights on
Cheaper panels and increasing domestic assembly offer an alternative to regime’s dilapidated electricity grid
Renewable energy
Weak yen puts pressure on BoJ to tighten policy
Surge in Japanese yields set to tempt local investors to sell foreign bonds
Central banks
Premier League prepares to kick off UK television rights auction
Sale will be important test of broadcast spending appetite as sector prioritises cost-cutting
Travel & leisure industry
SoftBank seeks to build investment war chest on back of Arm IPO
Masayoshi Son could use up to $65bn to launch tech spending ‘counteroffensive’, analysts estimate
Mergers & Acquisitions
Spanish football faces fresh crisis
Plus, meet the 34-year-old selling football to America
Travel & leisure industry
Synthetic diamond sales sparkle but oversupply delivers ice burn
Man-made competition hurts price of natural stones, though fears of bankruptcy mount among lab-grown producers
Luxury goods
Christine Lagarde warns of long-term inflation risks after global economic upheaval
Head of ECB suggests more frequent shocks could result in persistent price pressures
Central banks
The new contest to land on the Moon
India’s successful landing is the latest manifestation of renewed interest in lunar exploration, driven both by national pride and strategic considerations
Space industry
Loans are still not securities, court says
Fax your friends! Fax your spouses! It’s time to celebrate.
Financial & markets regulation
Jay Powell warns inflation ‘too high’ in Jackson Hole speech
Fed chair says US central bank intends to ‘hold policy at a restrictive level’ until price pressures abate
Central banks