Maersk forms green methanol start-up in decarbonisation push
Container shipping group prepares to welcome its first vessel powered by the alternative fuel
Renewable energy
Chick-fil-A to make second attempt at UK launch after previous gay rights backlash
US fast-food chain closed initial store in 2019 following protests by campaigners
Travel & leisure industry
UK cash use grows for first time in a decade
Debit card usage rises even faster, reaching 50 per cent of payments in 2022
Fintech
Private equity plunges into US college sports with Learfield deal
Fortress, Charlesbank and Clearlake take control of marketing group representing campus teams and athletes
Mergers & Acquisitions
Bonfire of the NFTs
How do you kill that which has no life?
Fintech
EU moves against China’s electric carmakers in bid to shield own industry
Beijing’s subsidising of EV manufacturers stokes fears of European rivals being priced out
Electric vehicles
VinFast says most of its electric vehicles have been sold to a related party
Filings underscore limited demand for EVs from Vietnamese start-up that briefly had higher market cap than Ford
Electric vehicles
Software groups dismiss price premium for generative AI
Adobe, Salesforce and Zoom have for now ruled out following Microsoft’s lead despite extra costs
Artificial intelligence
US bank reform is going backwards
A Fed proposal to change capital requirement modelling risks blindfolding banks and creating perverse incentives to lend
Fintech, Financial & markets regulation
Blackstone combines internal units as it sets sights on ‘next $1tn’
Merging insurance and credit arms signals growth prospects lie away from private equity and property pursuits
Mergers & Acquisitions