Japanese bank chief Jun Ohta dies aged 65
SMFG executive spearheaded expansion into US and south-east Asia
Investment Banking
Europe’s business schools target Africa’s entrepreneurs
Expansion on continent focuses on a young, ambitious demographic hungry for skills
Business education
Mining tycoons battle over lithium’s ‘corridor of power’ in Australia
Local billionaires disrupt consolidation as industry positions itself for boom in mineral vital to electric cars
Batteries
House of Lords report calls for Bank of England reform after inflation failures
Committee of peers says UK central bank’s culture, governance and appointments processes need overhaul
Central banks
Abu Dhabi’s media record under scrutiny after Telegraph deal offer
Gulf state funding Redbird IMI’s bid for UK newspaper has sought to build English-speaking media assets for past 15 years
Mergers & Acquisitions
Share sale set to test financial impact of OpenAI’s leadership turmoil
Key investors bullish of hitting $86bn valuation despite company’s chaotic power struggle
Artificial intelligence
Short sellers are misunderstood
Bans on the stock investment strategy are often misguided and harmful
Financial & markets regulation
Padel boom lures investors
Plus, F1’s valuation race hots up, multiclub ownership divides the Premier League, and more
Travel & leisure industry
The ‘AI doomers’ have lost this battle
Failed coups, as seen at OpenAI, often accelerate the thing that they were trying to prevent
Artificial intelligence
OpenAI and the rift at the heart of Silicon Valley
The tech industry is divided over how best to develop AI, and whether it’s possible to balance safety with the pursuit of profits
Artificial intelligence