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
Serco increases bet on German immigration market
Outsourcer buys European Homecare for €40mn as it flags impact from UK government plans to close migrant hotelsMergers & Acquisitions
Andrew Bailey warns ‘still some way to go’ as BoE holds rates at 5.25%
Sterling rises after rate-setters warn it is too soon to conclude inflation is on firm downward pathCentral banks