Japanese chip player JSR gets buyout proposal from state-backed fund
Potential deal involving semiconductor equipment maker comes as Tokyo takes firmer stance in ‘chip wars’Mergers & Acquisitions
US shale oil and gas producers pull back after commodity price drop
Dallas Fed posts score of zero for business activity growth in the second quarter among 150 companies in its regionShale Oil & Gas
Investors still need to adjust to a world of higher interest rates
Markets may no longer be able to rely upon monetary policy as an inevitable shock absorberCentral banks
TikTok turns to south-east Asia to drive new growth
Viral app’s parent ByteDance targets large Indonesian market but faces growing regulatory scrutiny around the worldEcommerce, Social Media
Turkey unwinds measures designed to increase lira holdings
Central bank calls move ‘first step’ towards a more conventional monetary policy Central banks
Cut public spending or boost taxes to help tackle inflation, says BIS
Loose fiscal policy and interest rate rises will test financial stability, Bank for International Settlements warnsCentral banks
UK electricity network faces ‘mind-boggling’ scale of change over net zero
Investors behind monopolies face navigating demands of regulators and communities on bumpy path to cleaner energy Renewable energy
Europe’s bank resolution authority seeks ‘firepower’ to deal with collapsed lenders
Chair Dominique Laboureix calls for policymakers to ‘come back to the drawing board’Financial & markets regulation
Oil and gas majors step up efforts to diversify into lithium
Groups pin hopes on technological breakthrough to produce metal critical for electric car transitionElectric vehicles, Batteries
End of the line? Italy’s fashion houses face succession dilemmas
The personalities of visionary founders have shaped the country’s foremost brands. Can they prosper without them?Luxury goods