Greensill misled German regulator on insurance deal, IAG claims
Defunct lender hid deal to fund its own claims as it sought lower capital requirements, insurer alleges
Financial & markets regulation
We must stop AI replicating the problems of surveillance capitalism
There should be less focus on ‘Terminator’-style scenarios and more on economic data disclosure
Artificial intelligence
Why crypto is a poor relation of digital payments
Real-world use will still be the main driver of growth
Fintech
The big central banks need to use their time outs wisely
Policymakers should go well beyond data analysis in looking to the future
Central banks
Volvo Cars exploring investment into US expansion
Swedish brand eyes President Joe Biden’s green subsidies as it prepares to buy EV batteries from European start-up Northvolt
Electric vehicles
EU pressures airlines over soaring fares
Transport commissioner says Brussels needs ‘detailed explanation’ after ticket prices rose 30% over summer
Travel & leisure industry
Fibre broadband in emerging markets powers growth of digital economies
Latest update of the FT-Omdia Digital Economies Index highlights rapid spread of fast and reliable internet connections
Digital Media
Software companies line up for share of generative AI spoils
Fastest growth expected in consumer market, which is forecast to generate $11bn alone in revenue by 2028
Artificial intelligence
North America set to keep its grip on music streaming
Region dominates continued rise in global spending by subscribers but industry faces pricing challenges
Digital Media
The battle for the future of car manufacturing: Toyota takes on Tesla’s gigacasting
Japanese carmaker is working on new approach as it aims for massive ramp-up of EV production
Electric vehicles, Batteries