Daniel Och ends feud over Sculptor hedge fund
Founder backs Rithm Capital buyout plan valuing company at $720mn
Mergers & Acquisitions
Solar faces ‘capital crunch’ risk
Also in today’s newsletter, an unlikely alliance in the ESG debate
Renewable energy
Christine Lagarde: ‘I should have been bolder’
The ECB head on steep learning curves, managing shocks — and taking deep breaths
Lunch with the FT, Central banks
ExxonMobil seeks more M&A opportunities after $60bn Pioneer deal
Oil giant’s quarterly profit boosted by rising crude prices but not enough to meet Wall Street expectations
Mergers & Acquisitions
How much will the death of Japan’s YCC matter?
The answer might surprise you
Central banks
IAG and Air France-KLM report record summer profits
Airlines benefit from booming demand for leisure travel as results underline sector’s recovery from pandemic
Travel & leisure industry
How EU leaders think the bloc’s bigger budget should be spent
Also in this newsletter: Why the EU is fighting over AI rules
Artificial intelligence
Chipmaker Western Digital walks away from Kioxia merger talks
Opposition from rival SK Hynix puts brakes on Bain Capital’s ambitions to create US-Japan chip giant
Mergers & Acquisitions
TikTok shops around for options in wake of Indonesia app ban
Chinese group sets up teams to explore way forward after biggest ecommerce market imposes curbs
Ecommerce, Social Media
Rating X: Twitter’s chaotic year under Elon Musk’s shock treatment
Upheaval has left trophy purchase of social network seriously impaired
Social Media