BP CEO ousted over relationships at work
Plus, the Barclay family fortune comes under scrutiny and the DoJ’s pivotal case against Google
Mergers & Acquisitions
Central banks debate: can ‘high for longer’ substitute for rate rises?
A smoother rate path is preferable to a sharp up and down, allowing more time to assess data
Central banks
SEC accuses Virtu of failing to protect client trade information
Lawsuit says market maker’s flawed system gave proprietary traders ‘nearly unfettered access’ to material data
Financial & markets regulation
EU lawmakers vote to sharply increase bloc’s renewable energy target
European parliament agrees to lift green energy share to 42.5% by 2030 after nuclear power concessions
Renewable energy
The ECB’s rate rise dilemma
With weakening growth and high inflation, Lagarde faces a difficult balancing act
Central banks
FBI investigates after MGM’s casinos and hotels hit by ‘cyber incident’
Guests being checked in manually and some slot machines down at properties run by Las Vegas’s largest resort operator
Travel & leisure industry
Tesla: fantasy supercomputer projections boost stock
Total addressable markets are notoriously unrealistic metrics
Electric vehicles
Smurfit chief defends switching main listing to New York after WestRock deal
Irish group’s tie-up with US rival will create world’s largest packaging company
Mergers & Acquisitions
Ari Emanuel’s martial arts group TKO eyes $1bn earnings as it lists in New York
Combination of World Wrestling Entertainment and UFC takes aim at growing global fans
Travel & leisure industry, Mergers & Acquisitions
Slug and Lettuce owner draws backlash from consumer group over dynamic pricing
UK’s biggest pub company to charge more for pints during peak hours to offset high costs
Travel & leisure industry