Saudi Arabia-backed mixed martial arts league challenges UFC with Bellator deal
Acquisition by Professional Fighters League comes as kingdom seeks to bolster its global presence in sports
Travel & leisure industry, Mergers & Acquisitions
UK ‘lags behind’ competitors in securing battery plants, warn MPs
Commons committee says 160,000 carmaking jobs ‘at risk’ unless new investors sign up
Electric vehicles, Batteries
AI ‘hit squad’ set up to cut size of UK civil service and boost productivity
Oliver Dowden says new unit is ‘closest thing to silver bullet’ to drive efficiencies for the taxpayer
Artificial intelligence
The Fed’s balance sheet isn’t so boring after all
Like “watching paint dry”, but if the paint was the US banking system
Central banks
US DoJ seeks more than $4bn from Binance to settle criminal probe
Deal would come as Washington has increased its scrutiny of misconduct in crypto sector
Financial & markets regulation
OpenAI’s turbulent weekend
Sam Altman’s sacking raises further concerns about the governance of artificial intelligence
Artificial intelligence
Barclay family secures loans to bring Telegraph out of receivership
Joint venture between Redbird Capital and International Media Investments agrees package
Mergers & Acquisitions
Mars joins push into premium with Hotel Chocolat deal
Changing consumer tastes and government pressure have led the confectionery sector to mix up its offering
Mergers & Acquisitions
On its own, carbon capture is not a climate change panacea
At COP this year, a commitment must be made to phasing out fossil fuels
Renewable energy
Majority of OpenAI staff threaten to quit unless Sam Altman is reinstated
More than 500 employees sign letter saying they will join former chief at Microsoft unless board resigns
Artificial intelligence