Ukrainian naval drone hits Russian oil tanker near Crimea
Attack is latest in a series of strikes as Kyiv steps up use of unmanned vehiclesDrones
Military briefing: the Ukrainian drone strikes designed to wear Russia down
Kyiv steps up attacks aimed at bringing Moscow’s war close to homeDrones
Cheap deals and weak lira boost Turkey’s tourist appeal
Visitor numbers rising but those in the sector say cost of living crisis means travellers are spending less once they arriveTravel & leisure industry
Chelsea owners hold talks with Ares over raising funds
Premier League club looking to upgrade stadium and emulate Manchester City model by adding to network of teamsTravel & leisure industry, Mergers & Acquisitions
Chinese-owned battery group involved in Tata UK gigafactory
Envision’s AESC to have a key role at Somerset site despite efforts to keep it secretElectric vehicles, Batteries
Saudi football scores with €430mn summer spending spree
Net transfer spending by the Pro League trails only that of the Premier LeagueTravel & leisure industry
KKR/Simon & Schuster: buyout group can build book value affordably
Bid would sidestep regulatory concerns that a trade sale could lead to monopsonyMergers & Acquisitions
Interest rate rises are ‘working’, says Bank of England economist
Tighter monetary policy starting to curb risk of inflation becoming embedded, Huw Pill arguesCentral banks
Writer Joyce Carol Oates: ‘So much of life is accidental’
The American author on Twitter, the trouble with trigger warnings — and why ‘Ulysses’ is her comfort foodLunch with the FT
WPP’s ad spend warning is probably not worth worrying about
Unless you’re a WPP shareholder, in which case bad luckAdvertising