South Korea bans short selling until 2024
Kospi stock index rises as much as 4% after regulator vows to investigate ‘naked’ shorting by institutional investorsFinancial & markets regulation
The battle for the future of car manufacturing: Toyota takes on Tesla’s gigacasting
Japanese carmaker is working on new approach as it aims for massive ramp-up of EV productionElectric vehicles, Batteries
Telecom Italia’s KKR deal sparks threat of legal action by Vivendi
Largest shareholder ‘deeply regrets’ acceptance of private equity’s firm offer of up to €22bn for fixed-line networkMergers & Acquisitions
Annual revenue from music copyright climbs to $41.5bn
Figures reflect post-pandemic rebound in public licensing in gigs and hospitality Digital Media
The great American spending spree
Pay growth, savings and ‘fomo’ have helped the US economy defy a gloomy backdropConsumer trends
Elon Musk releases new AI chatbot ‘Grok’ in bid to take on ChatGPT
Billionaire’s xAI start up unveils generative AI model in challenge to Microsoft-backed OpenAI and Google Artificial intelligence
Citadel’s Ken Griffin warns against hedge fund clampdown to curb basis trade risk
Founder of $62bn firm hits out at US proposals to treat big players in his industry like broker-dealer arms of banksFinancial & markets regulation
Top US gas producer says pipeline fights endanger industrial world
EQT chief lambasts ‘movement to cancel energy infrastructures’ after latest delay to Mountain Valley projectShale Oil & Gas
Shell boss backs ‘leaner’ operation in defending renewables strategy shift
Top executives have left group’s green divisions after shift in focus under new CEORenewable energy
Tech giants pour billions into cloud capacity in AI push
Google, Microsoft and Amazon boost investment by a fifth over two years to a combined quarterly total of $42bnArtificial intelligence