UK ringfencing: circular thinking only pays lip service to deregulation
Modest easing of requirement is just a nod to pressure to deregulate the UK’s stagnating markets
Financial & markets regulation
Moody’s warns of ‘systemic risk’ from leveraged lending market
Rating agency says looming ‘race to the bottom’ between banks and private debt funds could erode credit quality
Mergers & Acquisitions
The AI rush for the iPhone moment
Companies are throwing whatever new ideas they can think of at the wall to see what sticks for the new technology
Social Media, Artificial intelligence
Northvolt to build battery gigafactory in Canada
Swedish start-up to tap generous subsidies for its first such plant outside Europe
Batteries
US warns green transition raises ‘complex’ China security concerns
Beijing is prepared to weaponise its control of mineral sectors vital to renewable power, says energy secretary Jennifer Granholm
Renewable energy
US private equity firm takes stake in Liverpool Football Club
Dynasty Equity investment is latest by a sports-focused fund in a team as valuations rise
Travel & leisure industry
Bank of England plans permanent lending facility for non-banks
UK central bank says facility is needed as risks from financial institutions such as insurers and pension funds rise
Financial & markets regulation
BBC overhauls social media rules for presenters after Gary Lineker row
Star hosts at UK national broadcaster will be banned from party political campaigning or endorsements
Social Media
The promise — and peril — of generative AI
This technology is readily accessible and usable at extraordinary speed and scale
Artificial intelligence
William Hill owner warns on profits following ‘customer friendly’ sports results
Online gambling group 888’s shares fall 16% as regulatory reforms hit revenues
Travel & leisure industry