China to lay down AI rules with emphasis on content control
Moves towards licensing system reflects Beijing’s struggle to encourage technology while censoring information Artificial intelligence
Warm weather boosts UK consumer spending in June, data shows
British Retail Consortium and Barclays figures signal growth in retail sales, but still lags behind inflation UK retail sales
Qatar Investment Authority takes 5% stake in Washington Wizards owner
Sovereign wealth fund invests $200mn in US sports franchise owner Monumental SportsTravel & leisure industry, Mergers & Acquisitions
Cruise lines: operating leverage plus financial leverage powers ocean-goers
Shares are soaring but debt levels mean investors should worry about sector running out of steamTravel & leisure industry
UK economy’s ‘unexpected resilience’ helping fuel inflation, warns Bailey
Bank of England governor says it is crucial we see the job throughFinancial & markets regulation
Top US bank watchdog outlines tougher rules for larger lenders
Michael Barr calls for banks to stow away additional capital to absorb any lossesFinancial & markets regulation
Central banks move gold back home after freeze on Russian assets
Sovereign investors, concerned about the precedent of sanctions, prefer the physical metal to derivatives or ETFsCentral banks
The relentless rise of the IRA
The US’s allies are scrambling to match Washington’s $369bn package of climate and energy measuresRenewable energy
Anatomy of a Twitter payout
Elon Musk shows us how the sausage is made and how Wachtell lawyers get paidSocial Media, Mergers & Acquisitions
KKR buyout shows modern dilemmas boards face
Private equity group wins auction with lower bid by claiming financing and competition risks from rival Mergers & Acquisitions