Travel sector risks reality check as summer boom starts to fade
Executives in Europe remain upbeat but cracks are starting to show in the US market
Travel & leisure industry
‘It’s cool to have money again’: wealthy Lebanese party out the crisis
High-end hospitality bounces back from country’s economic crash
Travel & leisure industry, Luxury goods
Why GIC ditched Vista
Plus, the four-person firm auditing Adani and the insider trading allegations against a former Blackstone and Goldman trader
Mergers & Acquisitions
Top financial regulator seeks global clampdown on hedge fund borrowing
FSB’s Klaas Knot warns of risk to stability of debt build-up outside mainstream banking system
Financial & markets regulation
UK streamlines planning for £20bn plan to bring power from Morocco
Xlinks project seeks 25-year contract with government to guarantee a fixed electricity price
Renewable energy
Chinese high-end EV brand Zeekr expands into the Middle East
The company is targeting overseas markets ahead of a planned US listing
Electric vehicles
Linda Yaccarino set to present new plan to long-suffering X bankers
Social media CEO will meet seven lenders on October 5
Social Media
Tesla’s black workers faced widespread racism, US agency alleges
Lawsuit says employees at Fremont assembly plant endured ‘severe or pervasive’ harassment since 2015
Electric vehicles
ESPN nears broadcast rights deal with emerging golf league TGL
Agreement would provide a media partner for Tiger Woods and Rory McIlroy’s upstart virtual tournament
Digital Media
Fed weighed removing SVB CEO from supervisor’s board before collapse
Inspector-general says officials ‘should have acted earlier’ to address ‘identified weaknesses’ at now-failed lender
Financial & markets regulation