BlackRock’s support for climate and social resolutions falls sharply
Asset manager blames proposals that are ‘overreaching’ or ‘simply redundant’Financial & markets regulation
Ofgem fines Morgan Stanley £5.4mn for WhatsApp violations
UK energy regulator says US bank failed to keep records of traders’ discussion of energy deals on personal phonesFinancial & markets regulation
Supply chain shortages delay tech sector’s AI bonanza
Server production hampered by tight stocks of Nvidia processors and other components Artificial intelligence
The red flags surrounding Arm’s IPO
Plus, Microsoft-Activision Blizzard make a big concession and the SEC’s brewing crackdown on private capitalMergers & Acquisitions
‘Higher-for-longer’ rate debate to dominate Jackson Hole meeting
Rate-setters’ caution remains ahead of annual gathering, despite recent dip in inflationCentral banks
Property with perks: rich homebuyers embrace the branded residence
Apartments adjacent to hotels have access to in-room services and other luxury facilitiesLuxury goods
UK to proscribe Wagner group within weeks, say government insiders
Move comes after criticism that ministers have delayed cracking down on paramilitary network’s activities Terrorism
Teva Pharma: generics titan attempts to put the stopper in legal problems
Drugmaker enters into deferred prosecution agreement with the US Department of Justice over criminal price-fixing scandalMergers & Acquisitions
BASF signs long-term LNG deal with Cheniere of the US
German companies are rushing to ink agreements with American exporters after the country abandoned Russian gasShale Oil & Gas
Crypto has ‘amplified financial risks’ in emerging markets, central banks warn
Currency’s appeal as a low-cost solution for countries with high inflation is ‘illusory’, says BIS Financial & markets regulation