UK offshore wind auction fails to attract investors in blow to net zero plans
Developers warned support on offer was too low to offset their rising costs
Renewable energy
Pinault’s Artémis to buy majority stake in Hollywood talent agency CAA
Transaction begins new chapter for family whose holdings have largely focused on the luxury industry
Luxury goods, Mergers & Acquisitions
How valuable is the UK’s AI industry? Here’s one way to not find out
I can call you Blighty, you can call me AI
Artificial intelligence
Germany backs delay to EV tariffs in boost to Sunak
Berlin’s switch comes after industry warnings but the European Commission remains split
Electric vehicles
Federal Reserve officials back rate rise pause in September
Hawkish Dallas president says another skip ‘would be appropriate’ as US inflation cools
Central banks
Elite French business schools experiment to break down barriers
An HEC Paris student using football to improve diversity is among the outreach schemes
Business education
Microsoft’s looming regulatory vulnerability
Tech giant has side-stepped some issues with deft concessions but faces scrutiny over its most important business
Mergers & Acquisitions
Euro heads for eight-week losing streak as economy falters
Steady decline against dollar reflects growing gulf with more robust US performance
Central banks
Will London’s members-only scene work in New York?
Plus, one of Europe’s richest families bets on US media and sport and Armani charts his legacy, without a French takeover
Mergers & Acquisitions
‘We have to fight’: Europe’s carmakers dig in against China’s EV incursion
Big names accept the need to sharpen their competitive edge as overseas rivals swamp the Munich motor show
Electric vehicles