Labour no longer ‘sneering at business’, as party unveils 10 City advisers
Shadow minister Tulip Siddiq promises no more tax on financial services unless ‘something dramatic happens’Financial & markets regulation
ECB warns of tougher fines for banks that ‘drag their feet’ on fixing flaws
Top official points out need to supervise climate and systemic risks Central banks, Financial & markets regulation
Digital advertising is still far too murky
Platforms must open up and let marketers see where their ads are being placed Advertising, Social Media
Yen leaps to three-month high as traders bet on BoJ rate rise
Central bank governor Kazuo Ueda fuels speculation of end to negative rates with comments to parliamentCentral banks
AJ Bell profits up after boost from interest earned on customer cash
UK investment platform says gilts have been very popular this yearFintech
CATL/Duke Energy: too wired into markets to become the next Huawei
Finding alternatives to Chinese suppliers could mean added costs for US buyersBatteries
COP28 shines spotlight on nuclear power
Also in today’s newsletter, a new documentary on how Biden’s landmark climate law changed the worldRenewable energy
UK regulators propose more robust oversight of banks’ cloud computing providers
Bank of England launches consultation on new rules governing tech groups supplying critical IT servicesFinancial & markets regulation
Arctos takes stake in Paris Saint-Germain to value club at more than €4bn
Qatari owners bring in sports-focused US private equity group Travel & leisure industry, Mergers & Acquisitions
UAE’s top AI group vows to phase out Chinese hardware to appease US
Abu Dhabi-backed G42 says it ‘cannot work with both sides’ and retain access to American-made AI chipsArtificial intelligence