Peak fossil fuel demand will happen this decade
But the decline in oil, gas and coal will not be steep enough to limit global warming to 1.5C
Renewable energy
Paul Weiss’s raid on Kirkland continues
Plus, the money-laundering scandal that has shaken Singapore’s reputation and an FT investigation into mysterious football sponsors
Mergers & Acquisitions
UK scientists call on Sunak to back deep-sea mining ‘moratorium’
Letter expresses concerns about the nascent industry’s environmental impact
Batteries
Jamie Dimon warns investors over bank stocks if US capital rules enacted
JPMorgan chief ‘wouldn’t be a big buyer’ as industry fights Fed’s Basel III implementation
Financial & markets regulation
Walt Disney and Charter settle dispute that blacked out TV programming
Stand-off which left millions without premium live sports was seen as test for the future of cable business
Digital Media
UK interest rates should rise further, says Bank of England official
Catherine Mann warns leaving cost of borrowing unchanged risks ‘further inflation persistence’
Central banks
JM Smucker: Hostess not the mostest despite Twinkies brand nostalgia
US jam and pet food conglomerate paying $34.25 per share for snack maker
Mergers & Acquisitions
West scrambles to respond to Chinese electric vehicle threat
Also in this newsletter: UK/China spy saga, ‘Brexit 2.0’, chickens come home to roost
Electric vehicles
Britain’s failed offshore wind auction
The government needs to restore confidence in its renewables pricing regime
Renewable energy
US autos: golden age of profits threatened by strikes and EV switch
Labour action could take 150,000 workers off Detroit’s assembly lines
Electric vehicles