Schaeffler raises Vitesco offer as it pushes into electric vehicles
Billionaire Schaeffler family is trying to acquire the rest of the German groupMergers & Acquisitions
OpenAI’s business ambitions need a rethink
The new board needs to make sense of a company that was at risk of biting off more than it can chewArtificial intelligence
Europe’s business schools target Africa’s entrepreneurs
Expansion on continent focuses on a young, ambitious demographic hungry for skillsBusiness education
Japanese bank chief Jun Ohta dies aged 65
SMFG executive spearheaded expansion into US and south-east AsiaInvestment Banking
Mining tycoons battle over lithium’s ‘corridor of power’ in Australia
Local billionaires disrupt consolidation as industry positions itself for boom in mineral vital to electric carsBatteries
House of Lords report calls for Bank of England reform after inflation failures
Committee of peers says UK central bank’s culture, governance and appointments processes need overhaulCentral banks
Abu Dhabi’s media record under scrutiny after Telegraph deal offer
Gulf state funding Redbird IMI’s bid for UK newspaper has sought to build English-speaking media assets for past 15 yearsMergers & Acquisitions
Share sale set to test financial impact of OpenAI’s leadership turmoil
Key investors bullish of hitting $86bn valuation despite company’s chaotic power struggleArtificial intelligence
Short sellers are misunderstood
Bans on the stock investment strategy are often misguided and harmfulFinancial & markets regulation
Padel boom lures investors
Plus, F1’s valuation race hots up, multiclub ownership divides the Premier League, and moreTravel & leisure industry