Cost of UK’s new fleet of armed drones jumps 40%
First of 16 US-made Protector aircraft will enter service late next year as price rises to £1.8bnDrones
WhatsApp launches in-chat payments service for businesses in India
Parent company Meta seeks to tap its messaging service’s biggest market to boost revenueEcommerce, Social Media, Fintech
Can hot IPOs revive the market?
Plus, the CMA takes its power and western companies fret over lost Russian profitsMergers & Acquisitions
UK robotic surgery group raises $165mn
Cambridge-based CMR Surgical aims to break ‘near-monopoly’ held by US group Intuitive Surgical Artificial intelligence
US Federal Reserve set to hold rates at 22-year high
Central bank officials will debate how much more to restrain economy at Wednesday meetingCentral banks
Emerging AI risks require vigilance from in-house legal counsel
Privacy and accuracy concerns are front of mind for chief legal officers as companies experiment with the technologyArtificial intelligence
Monzo clients rush to sign up for BlackRock offering
New service will offer online retail bank customers access to three multi-asset funds of fundsFintech
Indian growth attracts global investment banks despite low fees
South Asian powerhouse has become a target for expansion as business dries up in ChinaInvestment Banking
Crispin Odey urged woman he groped at work to downplay incident to FCA
Financier admits grabbing woman who is the 20th to come forward to the FT with claims of sexual misconductFinancial & markets regulation
NatWest’s Howard Davies urges BoE to take in ‘national interests’ over bank capital
Chair of state-backed lender points to US backlash over new global rulesFinancial & markets regulation