Yen set for best month this year as dollar weakens
BoJ expected to raise interest rates next year, while Fed signals rate cuts ahead
Central banks
Americans opt to lease electric cars to tap Biden tax credits
Critics say incentives undercut efforts to increase US manufacturing of EVs
Electric vehicles
Baseball’s $700mn man
Plus, is an afternoon with Oleksandr Usyk, Paris Saint-Germain 2.0
Travel & leisure industry
The financial engineers behind Shohei Ohtani’s $700mn mega-contract
LA Dodgers’ owners grip sports world with unprecedented deal for Japanese baseball superstar
Travel & leisure industry
Second-hand luxury: handbag resale market tests pricing power
Bag makers that can charge more today should also be able to charge more tomorrow — but some push against the limits
Luxury goods
The deals that show how lucrative private equity deals can be
3G’s acquisition of Burger King and the purchase of VMware have proved to be among the most profitable industry transactions
Mergers & Acquisitions
What to do about disinformation
The proliferation of falsehood online is dividing the world as never before. Education, not regulation, is the answer, argues Bellingcat founder Eliot Higgins
Social Media
Jay Powell’s festive giveaway to investors
Fed chair has ‘out-doved’ the market and raised expectations of rate cuts
Central banks
COP28: the new climate commitments that really count
Beyond the headline statement, three new pledges might cut demand for fossil fuels and eliminate potent emissions
Renewable energy
Axel Springer’s OpenAI deal sets new template for media ties with Big Tech
Publishers want to avoid repeat of early internet era when US giants built ad-based empires using freely available content
Digital Media, Artificial intelligence