BHP/Whitehaven: coal divestment slims BHP’s blast furnace footprint
Sale makes strategic sense but Australian miner remains exposed
Mergers & Acquisitions
Stellantis seeks to overtake Ford in sales of pick-ups and vans by 2027
Electric models and growth in Africa key to target of doubling commercial vehicle revenues by 2030
Electric vehicles
Morgan Stanley profits drop 9% after investment banking slump
Falling revenues in the division compounded by slower growth in wealth management
Investment Banking
US fintech Plaid hires first chief financial officer on road to potential IPO
Start-up appoints former Expedia CFO two years after failed sale to Visa
Fintech
Cipriani: balancing a cocktail tray of exclusivity and growth
Members’ clubs struggle to pull off rapid expansions, but the high-end hospitality group can squeeze value from its brand
Travel & leisure industry
China expected to attend UK summit on artificial intelligence next month
Rishi Sunak is keen to bring together world leaders and tech executives to define governance of new technology
Artificial intelligence
The Lex Newsletter: China weighs up fast-food stocks vs pharma stocks
Bet on dining out may be a quicker source of returns than weight-loss drugs
Travel & leisure industry
Free solar? Alex Honnold’s other mission
He shocked audiences with his outrageous climbing feats. Now he’s bringing solar power to isolated communities
Renewable energy
AI chip start-ups: Nvidia is proving a difficult stone to dislodge
Ravenous demand for AI services and the desire not to rely on one company spur Nvidia’s rivals
Artificial intelligence
Bain Capital’s ambitions to create US-Japan chip champion in jeopardy
Kioxia and Western Digital merger opposed by South Korean chipmaker SK Hynix
Mergers & Acquisitions