The world needs a better cross-border payments network
Linking the multitude of systems would make transferring money cheaper, faster and more transparentFintech
From Brooklyn to Albany, the Hudson eyes a commercial revival
What was once America’s premier waterway for trade looks to a wind farm boom to power its renewalRenewable energy
Frequent ‘buy now, pay later’ users more likely to be in financial straits
FCA findings will add to concerns about lack of regulation of sector amid sharp rise in use of such creditFinancial & markets regulation
Elon Musk’s X says it is worth $19bn one year after $44bn acquisition
Employee stock plan gives platform formerly known as Twitter a valuation far below what billionaire paid for it Social Media
Western Digital: with no merger miracle, Elliott looks to Wall Street
With the Kioxia tie-up apparently dead, the question is whether another transaction is in the worksMergers & Acquisitions
Sundar Pichai acknowledges Google search default deals were ‘very valuable’
Chief executive testifies in US government’s antitrust case accusing Big Tech company of shutting out competitionFinancial & markets regulation
Western Digital to split in two after abandoning merger talks with Kioxia
Move to spin off flash memory unit from hard drive business represents win for activist investor ElliottMergers & Acquisitions
Panasonic blames lacklustre Tesla demand for cut to profit outlook
Japanese electronics group slashes full-year operating profit for its car battery unit by 15%Electric vehicles, Batteries
Frasers/Missguided: canny retail groups put fashion IP on their shopping lists
Turmoil in the retail sector has thrown up bargainsMergers & Acquisitions
UK pushes ahead with plans to regulate crypto market
Ministers seek to strengthen oversight of stablecoins, bringing rules in line with traditional financial services Financial & markets regulation