Glencore/Teck: passing the buck to make a buck
Swiss group’s shareholders will have the choice of keeping shares in the spin-off or dumping them on the market
Mergers & Acquisitions
Wise pauses taking on European business customers as it beefs up compliance
London-listed fintech steps up due diligence amid geopolitical tensions and sanctions
Fintech
Adobe’s $20bn deal to buy Figma faces fresh challenge in Brussels
EU preparing to file anti-competitive charges, according to people familiar with probe
Mergers & Acquisitions
Wall Street workers told to expect another year of smaller bonuses
Payouts for some roles set to fall by 25% as higher interest rates dampen dealmaking and IPOs
Investment Banking
Natura to sell The Body Shop to private equity firm for £207mn
Aurelius buys ethical beauty retailer from Brazilian cosmetics group
Mergers & Acquisitions
US inflation expected to have fallen to 3.3% in October
Move would be first drop in annual rate in three months
Central banks
Ørsted shakes up management team after walking away from US projects
Finance and operations chiefs depart as wind developer grapples with rising costs
Renewable energy
Tesla solar panels were going to change the world. What happened?
The father, the sun, and the holey business plan
Renewable energy
Glencore consortium seals $9bn deal for Teck’s coal business
London-listed mining and trading giant strikes agreement with two Asian steelmakers
Mergers & Acquisitions
Central banks need to be clearer on communication
It is not just what central banks say, but also how they say it
Central banks