Vail agrees to buy Switzerland’s Crans-Montana ski resort in $136mn deal
Colorado-based group’s purchase is its latest in Europe
Travel & leisure industry
Italian watchdog orders Intesa to halt customers’ transfer to digital-only bank
Rome-based regulator says clients should be able to choose whether their accounts are moved
Financial & markets regulation
Consensus calls for cuts, confidently
And against the liquidity theory
Central banks
EU faces conflict over rewilding plans
Bloc is split on conservation law as green industries demand trade-offs
Renewable energy
Biden’s climate law triggers global shifts in cleantech supply chain
Trading partners struggle to compete with potential $1tn of spending
Renewable energy
Global tangle of climate disclosure rules risks causing ‘reporting fatigue’
Companies urge flexibility to ease the compliance burden of new but differing requirements
Financial & markets regulation
Federal Reserve not ready to start talking about interest rate cuts
Policymakers are wary of calling time on tightening campaign prematurely even as data suggests work may be nearly done
Central banks
African nations unite on Nairobi Declaration
Leaders across the continent say a rethink on financing from developed nations would speed up the move to net zero
Renewable energy
Ikea and Lego bet big on the future of the store
Scandinavian companies to expand physical presence to buck gloomy trends in their industries
Consumer trends
Berkshire Hathaway after Charlie Munger
Plus, Silver Lake and Michael Dell extract billions from a decade of deals and KKR reorganises its finances
Mergers & Acquisitions