FCA proposes rules to force banks to safeguard cash services
Lenders required to identify gaps in local access to physical money under regulator’s plansFinancial & markets regulation
Woodside and Santos open talks over $52bn oil and gas merger
Discussions over creation of Australian national champion in LNG production follow two large US deals Mergers & Acquisitions
China’s CATL denies ‘espionage threat’ accusations
Electric-vehicle battery maker’s technology disconnected from US military base Batteries
The activist hedge fund humbled by ESG
Plus, ByteDance feeds cash-hungry investors and Carson Block takes on BlackstoneMergers & Acquisitions
Italy’s veto on French deal shows EU defence consolidation is a distant dream
Rome’s decision to block Safran’s acquisition of Microtecnica is latest shot in an often strained security relationshipMergers & Acquisitions
Defence ministry blames ‘administrative error’ for failure to list thousands of UK drones
Official equipment statistics omit almost 30 different types of UAVs used by armed forcesDrones
Oil market caught by surprise as US output surges
Record supply from world’s top producer complicates Opec+ maths and White House climate pushShale Oil & Gas
Qatar approached to take stake in Patrick Drahi’s auction house Sotheby’s
Franco-Israeli billionaire under pressure to sell assets to pay down Altice debtMergers & Acquisitions
The peculiar market divide on the rate outlook
Investors should beware of disregarding the signals emitted by the FedCentral banks
KPMG plans merger of UK and Swiss businesses
Tie-up subject to votes by partners in both countries as consultancy seeks to boost growth and move past scandalsMergers & Acquisitions