Buffett’s favoured advisory firm takes stake in Italian machinery maker IMA
BDT & MSD Partners’ investment values company at about €6.5bn and provides exit for private equity backer BC PartnersMergers & Acquisitions
UK accounting watchdog appoints Richard Moriarty as chief executive
Financial Reporting Council in the process of making significant reforms to improve auditingFinancial & markets regulation
Lebanon central bank’s first deputy takes over as interim governor
Wassim Mansouri warns that country has ‘last chance’ to pass laws needed to pull it out of economic crisisCentral banks
Audit firms fight to block expansion of fraud detection role
New US rules are impractical and would send fees soaring, industry group saysFinancial & markets regulation
AI: price models do not acknowledge high variable costs
Artificial intelligence services are expensive to provide and charging a flat rate will weigh on future marginsArtificial intelligence
Rishi Sunak to expand UK’s North Sea drilling and carbon capture
Energy policy becomes divisive as Labour party claims PM is backtracking on green commitmentsRenewable energy
SEC asked Coinbase to halt trading in everything except bitcoin, CEO says
Request would have meant ‘the end of the crypto industry in the US’, according to Brian ArmstrongFinancial & markets regulation
Pakistan PM Shehbaz Sharif vows to punish attackers after bomb attack
At least 40 dead in one of country’s worst terrorist assaults in recent yearsTerrorism
How Silicon Valley is helping the Pentagon in the AI arms race
The US military is opening up to defence and weapons start-ups as evolving technology begins to transform modern warfareArtificial intelligence, Drones
Hot rocks: German cities dig deep for green energy
Geothermal technology has ‘enormous potential’ as renewable heating source, say industry expertsRenewable energy