Louis Vuitton juggles volume and value as luxury boom ebbs
Sector’s first brand to top €20bn annual sales must continue to grow while maintaining its cachet
Luxury goods
Norsk Hydro warns flood of Chinese electric vehicles threaten aluminium demand in Europe
Major producer says regional orders for the lightweight metal will drop if European carmakers cannot compete
Electric vehicles
Investor frenzy will overvalue AI tech start-ups, says early OpenAI backer
Many are ‘investing because everybody else is’ and most will lose money, claims Vinod Khosla
Artificial intelligence
‘We need a decarbonisation strategy’: climate shift threatens UK oil refineries
At Essar’s Stanlow refinery on Merseyside, efforts are focused on carbon capture and hydrogen
Renewable energy
Edtech group Byju’s faces shrinking empire with creditors at the gates
Online education company was once India’s most valuable start-up but now plans asset sales to settle debts
Mergers & Acquisitions
High-end buggy brand Uppababy explores sale
US company competes with the likes of Norway’s Stokke and Amsterdam-based Bugaboo
Mergers & Acquisitions
‘The early adopters have adopted’: US carmakers slow their EV growth plans
Consumer appetite for battery-powered cars and trucks has fallen short of industry expectations
Electric vehicles
Nigeria’s record currency slide continues as dollars dry up
Inflation-stoking collapse in naira reaches new extremes
Central banks
Joe Rogan’s CBDC fear is already here
Credit scores in America are capricious and unfairly limit access to banking
Financial & markets regulation
Electric vehicles: insurers balk at battery fires and write-offs
Higher insurance prices make EVs less attractive to consumers
Electric vehicles