Not all asset managers can handle the responsibility of direct lending
Replacing commercial banks with investors is a good idea until credit stresses appear Financial & markets regulation
Russia raises interest rates to halt collapse in rouble
Central bank lifts key rate to 12% as jitters grow over economyCentral banks
US government-backed start-up on course to become mining unicorn
TechMet set for $1bn valuation in boost to west’s challenge of China’s dominance in critical minerals sectorBatteries
Anger in Ardleigh as villagers reject ‘bribes’ for pylons
Prospect of compensation to ease building of net zero power grid fails to mollify Essex residentsRenewable energy
China is becoming more trouble than it’s worth for US investment banks
Selling shares in Chinese companies offshore used to be a money-spinner — but that’s no longer the case Investment Banking
Court date completes suspended Nigerian bank chief’s fall from grace
Godwin Emefiele’s nine years in charge came to an abrupt end when new president Bola Tinubu took officeCentral banks
Great American road trip hits speed bump in shortage of EV chargers
For electric vehicles to hit mainstream adoption, billions more in investment are needed to expand infrastructureElectric vehicles, Batteries
Superstar lawyers: the poaching war between Paul Weiss and Kirkland
Plus, Apollo gets into the accounting business and retail investors give Buffett a boostMergers & Acquisitions
SEC lawyers subpoena fund managers over ESG disclosures
Statements on green and social investing seen as ‘fertile ground’ for enforcement division Financial & markets regulation
Esmark becomes second US Steel suitor with $10bn offer
Move comes a day after steelmaker rejected offer from Cleveland CliffsMergers & Acquisitions