Meta’s Threads is a throwback to the giddy early days of Twitter
Launch of Mark Zuckerberg’s social network as a rival to Elon Musk’s platform sparks excited online chatter Social Media
FIS agrees to sell majority stake in Worldpay to buyout group for up to $18.5bn
Sale to GTCR will be one of the biggest corporate carve-outs in historyMergers & Acquisitions
Man Group moves into private credit with US fund Varagon purchase
Private credit market continues to grow as interest rates rise and companies seek alternatives to bank financeMergers & Acquisitions
‘Green nationalism’ endangers the global energy transition
Also in today’s newsletter, the US clean energy jobs boom continued in 2022Renewable energy
What if there is nothing central banks can do about inflation?
Except for making things worse after it goes away by itselfCentral banks
UK regulator calls out BDO and Mazars for ‘unacceptable’ shortcomings
Financial Reporting Council’s annual review reveals challenge midsized firms face in taking on Big Four Financial & markets regulation
Tesla and Chinese rivals signal EV price war truce in ‘socialist values’ pledge
Beijing orchestrates commitment among manufacturers in world’s biggest electric-vehicle marketElectric vehicles
The struggle to get Eurostar back on track
Plus, Saudi Arabia sets aside more for sports and the Vietnamese electric vehicle start-up losing power ahead of its Spac listingMergers & Acquisitions
Foreign investors pile into Turkey’s stock market after election
Overseas buyers scoop up nearly $1bn of equities following Erdoğan’s overhaul of economic teamCentral banks
The UK needs to lead in securities tokenisation
The country’s financial industry cannot be left behind in a trend that will lower costs and risks in marketsFintech