Schaeffler/Vitesco: complex deal greets era of fewer moving parts
Takeover bid is a decent plan, but value may come only as a delayed delivery
Mergers & Acquisitions, Electric vehicles
EU regulators to order Illumina to sell $8bn cancer treatment group
Rare step comes after Brussels fined US biotech for buying Grail without approval
Mergers & Acquisitions
Nelson Peltz in fresh push for Disney board seats
Veteran activist investor has increased Trian’s stake in US entertainment group since burying hatchet in February
Digital Media
German auto group Schaeffler swoops for Vitesco with €3bn bid
It offers €91 per share for car parts company spun out of supplier Continental
Mergers & Acquisitions, Electric vehicles
Google/smartphones: price, not AI, will lift Pixel’s market share
Despite poor marketing and slow start, the Pixel’s popularity is rising
Artificial intelligence
ExxonMobil’s head of shale arrested for alleged sexual assault
David Scott’s arrest comes as the company is in talks to buy Permian Basin leader Pioneer
Shale Oil & Gas
Why the term premium is rising
A return to the historical norm implies much higher long yields
Central banks
Has Erdoğan really embraced economic orthodoxy in Turkey?
Since re-election, the president appears to have abandoned his unconventional ideas. But investors remain cautious
Central banks
Labour vows to reinstate 2030 new petrol car sales ban
Shadow business secretary says party will set targets for local authorities to roll out EV charging points
Electric vehicles
Business schools target the switch from military to business life
Specialised degrees are helping former US personnel adapt their skills to a civilian future
Business education