Warburg Pincus teams up with Horta-Osório on €6bn bid for telecoms assets
Private equity firm is working with former Lloyds and Credit Suisse boss on plan to buy Altice’s Portuguese businessMergers & Acquisitions
Ørsted to press ahead with world’s largest offshore wind farm in North Sea
Hornsea 3 project off the Yorkshire coast will be able to supply power for about 3.3mn homes. Renewable energy
LNG pioneer Charif Souki leaves Tellurian with $8mn after ousting
Co-founder of US gas export developer failed to repeat previous success at Cheniere EnergyShale Oil & Gas
Latvia’s ex-central bank chief sentenced to 6 years’ jail for corruption
Ilmārs Rimšēvičs guilty of taking bribes and a fishing trip to Russia from a commercial bankCentral banks
BASF names China head Markus Kamieth as chief executive
German chemicals group has been grappling with high costs, low demand and falling earnings, especially in EuropeChemicals
UK to sign post-Brexit financial services deal with Switzerland
Agreement will make it easier for corporate and wealthy clients in the two markets to do business with each otherFinancial & markets regulation
AI machine cannot be called an inventor, rules UK court
Ruling ends long-running case as judges conclude that an ‘inventor’ must be a ‘natural person’Artificial intelligence
Alibaba chief takes direct control of under-pressure Chinese ecommerce business
New group CEO Eddie Wu is now chief executive of cloud and online retail divisions as well, as major restructuring continues Ecommerce
The final Credit Suisse postmortem
Plus, music royalty calculations come under scrutiny and new details of Microsoft’s partnership with OpenAIMergers & Acquisitions
European telcoms group Lebara explores sale
London-based company has been a winner from the squeeze on consumers across EuropeMergers & Acquisitions