Elliott/NRG: clash between energy group and activist will be a slow burn
Texas-based company announces plans to nearly triple size of its share repurchase programme from $1bn to $2.7bnMergers & Acquisitions
The Bank of England’s credibility is still on the line
Half-point rise was a necessary signal of intent to get a grip on inflationCentral banks
Ocado: Amazon bid rumours provide food for thought
UK retailer’s automated warehouses point to its potential as a pure-play tech groupMergers & Acquisitions
BoE seeks to finally get on front foot in fight against inflation
UK central bank aims to regain credibility with half-percentage-point rate riseCentral banks
US to lend $9.2bn for Ford battery plants in clean energy push
Record loan from Department of Energy to help fund new factories in Tennessee and KentuckyElectric vehicles, Batteries
AI models fall short of draft EU rules, researchers say
Companies such as ChatGPT’s OpenAI, Google and Meta come under scrutiny with copyright being a major issueArtificial intelligence
German chemical group Covestro rejects €13bn Abu Dhabi approach
State-owned oil company Adnoc seeks to diversify revenue stream and expand beyond fossil fuels Chemicals, Mergers & Acquisitions
Should private equity own Simon & Schuster?
Financial buyers look to have advantages in the battle to acquire the storied book publisherMergers & Acquisitions
Swiss central bank calls for review of banking regulations after Credit Suisse rescue
SNB warns that dependence on regulatory capital and liquidity rules may have contributed to problemsCentral banks, Financial & markets regulation
Turkey’s central bank brings low-rate era to close with 6.5 percentage point rise
New governor Hafize Gaye Erkan raises benchmark rate from 8.5% to 15%Central banks