UK retailers increase Black Friday discounts while customers cut spending
Shops are having to work harder to tempt customers, who are proving savvy about bargainsConsumer trends
Friendly foreign influencers win growing following in China
New report finds social media stars speaking up for Beijing against critical overseas narratives Social Media
The Bank of Japan is subtly shifting approach
The central bank is nearing the end of its yield curve control policy Central banks
Oil and gas and renewables: virtue is starting to look like its own reward
Investments are starting to yield a reasonable return — with a lot less price volatilityRenewable energy
ECB policymakers open to another interest rate rise if needed
Minutes show central bank’s governing council recognised need to avoid ‘unwarranted loosening of financial conditions’Central banks
Treasury clearing 101
Everything you never wanted to know about central clearing in the world’s benchmark market Financial & markets regulation
OpenAI has just fused its corporate ‘kill switch’
Abandoning attempts to hold the company to account for the impact of its technology would be a tragic mistakeArtificial intelligence
Biden needs a ‘Goldilocks’ answer to electric vehicle subsidy question
Also in today’s newsletter, IEA urges oil and gas companies to pay up for the energy transitionElectric vehicles
How Silicon Valley reunited Sam Altman and OpenAI
With the AI start-up’s future in peril, venture capitalists mounted an extraordinary campaign to reinstate the charismatic CEOArtificial intelligence
Binance’s crypto dominance under threat after loss of founder Changpeng Zhao
US compliance squeeze means new chief executive Richard Teng will be hard-pressed to keep exchange competitiveFinancial & markets regulation