Campari buys Courvoisier Cognac from Beam Suntory for $1.2bn
Deal comes as global sales of the drink drop but CEO says downturn is ‘temporary’ Luxury goods, Mergers & Acquisitions
Jungle House — robots with attitude
Artificial intelligence prone to drama, bossiness and paranoia shines a light on human foibles in Julianne Pachico’s latest novelArtificial intelligence
Vivendi: break-up would reward Bolloré family with rule of three
The media conglomerate remains influential in the francophone worldMergers & Acquisitions
France scores diplomatic wins on banks and nuclear in new EU rules
Paris successfully pushed for weaker due diligence reporting by lenders and state-backed funding for nuclear power plantsFinancial & markets regulation
ECB keeps rate on hold but lowers inflation forecast
Central bank signals growing confidence it will hit inflation target as investors increase bets on rate cutsCentral banks
UK regulator probes TikTok over parental controls
Ofcom’s investigation comes amid intensified efforts to protect children from harmful online materialSocial Media
Europe should worry less and learn to love AI
New legislation risks driving development of the transformative technology away from the blocArtificial intelligence
UK scraps hydrogen home-heating trial in Redcar
First subsidy round for ‘green hydrogen’ production also falls well short of government’s targetRenewable energy
US fund Corvex urges Entain to turn around ‘unacceptable’ performance
Wall Street fund becomes latest activist to push for change at FTSE 100 gambling group a day after CEO departs Mergers & Acquisitions