Emerging economies deserve praise for their monetary policy moves
Central banks in advanced markets have lessons to learn from Latin America and Asia, though caveats should be noted Central banks
BoE governor warns markets not to expect UK inflation to fall quickly
Andrew Bailey says investors are underestimating the ‘potential persistence’ of price growthCentral banks
CRH buys Texas assets for $2.1bn from Martin Marietta
Building materials group acquires cement and concrete plants in US and upgrades annual earnings forecastMergers & Acquisitions
OpenAI board stands firm in face of staff revolt over Sam Altman’s ouster
More than 95% of employees have threatened to quit and join Microsoft if board refuses to resignArtificial intelligence
McDonald’s to buy Carlyle’s stake in its China business for $1.8bn
Citic Capital to remain majority shareholder in fast-food chain’s local operationMergers & Acquisitions
OpenAI: Silicon Valley’s newest boardroom fiasco
Plus, Jeff Zucker throws his hat in The Telegraph ring and private equity buys back its IPO flopsMergers & Acquisitions
Northvolt in new sodium-ion battery breakthrough
Swedish start-up has developed an energy storage technology with no critical minerals including lithium which could minimise reliance on ChinaElectric vehicles, Batteries
The Sam Altman effect: ‘His superpower is getting people onside’
Ousted OpenAI chief inspires staff and investors as leader of the generative AI revolutionArtificial intelligence
Kraken sued by SEC in latest clampdown on crypto exchanges
Wall Street regulator says trading venue commingled customer funds with its ownFinancial & markets regulation