Hawkish ECB rate-setter says wage ‘slowdown’ key to timing of policy shift
March interest rate cut ‘highly unlikely’, says Belgian central bank governor Peter Wunsch Central banks
Central bankers sing from different hymn sheets
The timing and extent of interest rate cuts are now in the spotlightCentral banks
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 contentDigital Media, Artificial intelligence
How Microsoft’s multibillion-dollar alliance with OpenAI really works
ChatGPT-maker quietly clarifies that tech giant has no equity despite $13bn investment — but is in line to make big profitsArtificial intelligence
Campari/Courvoisier: Italian drinks maker makes spirited case for French brandy
Despite slowing sales, strong growth is expected long term led by increasingly wealthy Chinese consumersMergers & Acquisitions
Shell sells stake in Rosneft-owned refinery to Prax as it cuts Russia links
Oil major reduces global refining portfolio to focus on large sites integrated with chemicals and trading businessesMergers & Acquisitions
Leading tanker company warns it may divert from Red Sea trade route
Maersk Tankers seeks option to sail around Africa instead to avoid spate of attacks on merchant shipsTerrorism
Top Fed official says talk of March interest rate cut is ‘premature’
John Williams, an ally of bank’s chair Jay Powell, says policy could still be tightened if progress on inflation stallsCentral banks
Two die in separate accidents at Northvolt battery gigafactory in Sweden
Incidents cast shadow over Europe’s leading start-up in sectorBatteries
Bertelsmann sells Dutch TV operations after blocked merger attempt
Europe’s largest media group sells RTL Nederland to smaller Belgian rival DPG Media in €1.1bn all-cash deal Mergers & Acquisitions