US to link up with Taiwan and Japan drone fleets to share real-time data
Military co-ordination with Taipei is ‘taboo’ issue for China, analysts saidDrones
Crypto ownership doubles in UK before new rules kick in
FCA announces October 8 start date for clampdown on finance sector’s ‘Wild West’Financial & markets regulation
Britain to host first global AI regulation summit in autumn
UK can exert leadership in setting ‘guardrails’ for new technology, Sunak to tell Biden in Washington meetingArtificial intelligence
Canadian refiner Irving Oil explores options including sale
New Brunswick company controls country’s largest petroleum refinery and other fuel assetsMergers & Acquisitions
The Barclay family debts that caused a media circus
Plus, Wall Street swings a golf world peace treaty and money managers make Nvidia their AI championMergers & Acquisitions
Qataris make final bid in battle for Manchester United
Sheikh Jassim bin Hamad al-Thani threatens to walk away from process by end of the weekTravel & leisure industry, Mergers & Acquisitions
EU eyes conflicts of interest crackdown in ESG ratings rules
Agencies could face fines of up to 10% of turnover under proposals to regulate funds’ ethical scoresFinancial & markets regulation
Sovereign AI: big tech discovers English is not spoken everywhere
Customised local alternatives may have an advantage over universal models from Google and MicrosoftArtificial intelligence
Telegraph titles set to be sold after Lloyds calls in receivers
UK bank to seek sale of media group over almost £1bn in debts owed by Barclay familyMergers & Acquisitions
The Lex Newsletter: Apple, VR and the $37bn elephant in the room
Losses at Meta’s Reality Labs demonstrate how excitement about new products often fails to translate into salesVirtual and Augmented Reality