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Action accuses insurers including AIG, Axis and Chubb of acting in bad faith
Social media platform’s founder gives his latest show of support for takeover
Accountancy firm moves to address near-stagnant salaries at entry level
US president urges more production amid high petrol prices after ExxonMobil and Chevron earn tens of billions of dollars
Joe Ucuzoglu to take over as accounting firms debate how to respond to EY break-up plan
Retail investors took up just 10% of ailing bank’s €2.5bn capital raising
Network operators hope rollout will have an outsized impact on both the mobile telecoms market and the country’s economy
CEO seems intent on using majority control to push ahead with big bet on metaverse despite Wall St scepticism
Companies place more restrictions on the ability of creditors to sue over refinancing
Assets under management from outside Japan have tripled over past five years, says company
Tesla chief’s takeover drama drew in a cast of Wall Street powerhouses, Silicon Valley elite — and a few ‘meme-splainers’
Third-quarter earnings exceed estimates as calls increase for more aggressive taxation
Legal complaints have been lodged today with the EU and UN
Plus, banks stuck with $12.7bn Twitter debt and Britishvolt on the brink
Plus, how the Issa brothers bought private jets with loans from their petrol station empire and Michael Klein’s plans for CS First Boston
More than two years since they received regulatory approval, almost half of their $4.4bn in AUM are in just one vehicle
Lenders concede they will struggle to drum up demand until Elon Musk unveils detailed strategy
Websites accepting digital currencies for illegal content increasing as buyers seek anonymity
Does aviation have a sustainable future?
A 24/7 supply chain from Europe was always going to be at the sharp end of leaving the EU
Court decision after trial is a victory for US antitrust enforcers
Head of Itochu says there are ‘all kinds of ways’ Moscow can continue to export energy despite sanctions
Many families will struggle as cost of energy doubles compared with a year ago, John Pettigrew says
Troubled UK battery start-up prepares for possible administration
The iPhone maker remains overwhelmingly reliant on the Asian country
Bern politicians say transfer of ammunition to Kyiv would jeopardise nation’s neutrality
Plus, will Alipay ever have a western rival?
Direct lending from private credit firms is efficient but pricey
Initiative comes as advertisers warn new owner that keeping platform free of inappropriate content is ‘non-negotiable’
Threat of an Opec-style nickel cartel is credible but would be tricky to co-ordinate
Data show sectors’ contribution to economy remains below 2019 levels while personal wellbeing has also suffered
Private equity firm teams up with sovereign wealth funds in buyout of US conglomerate’s climate tech arm
Stage set for Daniel Křetínský to increase holding in delivery group from 22% to more than 25%
Even a limited strike in Ukraine would have catastrophic global effects
Plus, food prices rise after Russia abandons deal and Musk prepares Twitter shake-up
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