Implosion in 2021 sent shockwaves through US equity markets and cost Wall Street banks billions of dollars
Couple’s claim against British Airways sets a precedent that is expected to cost carriers millions of pounds
Matthew Connolly had sought $150mn from the bank after his exoneration in rate-rigging case
Accounting and Financial Reporting Council rejects quality control allegations
Consultation by regulator finds 70% of participants favour reduction that would align with UK’s timing
Proposals come as South East Water warns it needs investors to put more money into the business
Investors face a wide-ranging estimate of losses on loans to Pluralsight after demand for its training videos fell
Bank’s leaders and Swiss financial officials clashed over issues from capital requirements to chief executive’s pay
Tesla chief prioritised talks in China but has eye on long-term potential in world’s most populous country
The Square Mile can power UK growth plans after the elections
Elizabeth McCaul says rapid growth of lightly regulated lenders could translate into ‘systemic’ threat
Yuri Milner’s DST Global takes stake at $17bn valuation in rare investment from overseas after China’s tech crackdown
Penalty stemmed from bank’s inability to correct problems that it had already been cited for in 2020
A win for venture capital firms and sovereign wealth funds as they will be allowed to hold ‘supervoting’ shares
Health services in comparable countries have recovered much more quickly than England, study finds
Publication’s founder vows the independent news provider will continue with ‘quality journalism’
COP29 host intends to launch venture with a contribution from state company
Swiss bank issues alarming outlook for the wealthy in Britain, but the flight of ‘non-doms’ is only a small factor
Houston’s main utility struggles to restore service two days after storm pushed millions of households offline
Also in this newsletter: Pelosi presses Biden, green transition slowing, India as a superpower
Vimes ‘boots’ revisited
US-listed pharmacy group’s problems have been exacerbated by its struggle to move into healthcare
ChatGPT maker plans strategy to engage crucial partners as regulatory scrutiny of sector increases
We are inviting readers to nominate companies that have made a creative shift in strategy or business model over the past year
Mark Thompson aims to turn around the broadcaster by consolidating its newsrooms and streaming more digital content
Staff at law firm Hogan Lovells can now log harassment on a tech platform — but some suggest they talk about their problems instead
Labour’s promises are not going to spur a private sector solution to Britain’s housing crisis
All-cash acquisition by California-based chipmaker is the largest of its kind in Europe in a decade
Move comes as Joe Biden tries to shore up support in rust-belt heartlands ahead of November election
Smartphone maker adds new capabilities in niche premium segment to combat being undercut on price
On energy and innovation, we are being outplayed by the US and China
FTSE housebuilder poised to accept sweetened offer from rival
Insurer known for selling straight to customers will put flagship brand on platforms for first time
Compromising on product safety to pursue profit gains isn’t just bad for society
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