Why brown watches are all the beige
How an outlier trend went mainstream
Luxury goods
EU tries to buy time in electric car race with China
Europe’s carmakers fear being eclipsed by Chinese rivals with superior battery technology
Electric vehicles
ECB hawks warn of December rate rise if inflation and wages stay hot
Uncertainty over how quickly price pressures will subside despite hopes eurozone has seen last tightening
Central banks
Arm listing stirs Wall Street bankers’ hopes of IPO fee revival
Underwriters in line for $104.6mn payday after chip designer’s flotation on Nasdaq
Investment Banking
Why oil is back to $90 a barrel
Saudi Arabia and Russia have curtailed supplies in the face of record global demand
Shale Oil & Gas
WhatsApp explores ads in chat app as Meta seeks revenue boost
Discussions are at an early stage and include possible subscription fee, say people familiar with the matter
Advertising, Social Media
The Hollywood power brokers in line for a $200mn windfall
Plus, the litigation powerhouse that took on Argentina and Peter Orszag plots a comeback for Lazard
Mergers & Acquisitions
CAA’s top team eyes over $200mn payout in Pinault deal
Senior managers and agents could sell shares, according to financial terms seen by the FT
Mergers & Acquisitions
The EU and China clash on electric vehicles
Resorting to protectionist measures is not in Brussels’ long-term interests
Electric vehicles
AMC Entertainment: Cinema chain’s latest carnival act is Taylor Swift
Balance sheet restructuring — possibly in a bankruptcy court — will be needed eventually
Travel & leisure industry