Warner Music takes majority stake in label run by son of top rival
Elliot Grainge has criticised major record companies as ‘a conveyor belt’Mergers & Acquisitions
Meta axes support for news in Europe
Tech group draws ire of media companies after announcing pullback Social Media, Digital Media
Caledonia/7IM: wealth manager stake sale highlights trust’s yawning discount
Deal premium should reassure investors in Cayzer family’s investment vehicleMergers & Acquisitions
Scotland looks to unlock its hydrogen economy
Also in today’s newsletter, the falling cost of renewable energy projectsRenewable energy
FCA vows ‘prompt action’ over refusal of bank services to UK politicians
Move by Britain’s top financial regulator follows controversy around Nigel FarageFinancial & markets regulation
Ministers set to relax rules on onshore wind farms in England
Move follows push from some Tory MPs to end de facto ban introduced nearly a decade agoRenewable energy
Global financial watchdog warns of ‘further challenges and shocks’ ahead
FSB chair warns G20 leaders of potential for market strains and risks in sectors such as real estateCentral banks, Financial & markets regulation
Ontario Teachers’ fund to take majority stake in UK wealth manager 7IM
Canadian pension fund agrees to buy holding from Caledonia Investments for £255mnMergers & Acquisitions
The $44bn bank bailout bonanza
‘Deals of the century’ were to be had for opportunists on both sides of the AtlanticMergers & Acquisitions
Secretive active ETFs lose out to their fully transparent rivals
The portfolio-shielding models had a strong start when they were approved in 2019, but have failed to gain tractionFinancial & markets regulation