Clash over tech group Veritas portends future stand-offs between private equity and distressed debt investors
FDIC concludes hypothetical strategy in event of bank’s failure is deficient on data controls
Under-fire media executive advised investors, business people and politicians
Fresh cash will buy some breathing room but the costs involved will soak up much of any subsequent value creation
Chipmaker is the main winner but other companies are seeing big gains from the AI boom
Maker of starches and fructose looks for ways to alter portfolio amid scrutiny of ultra-processed foods
Oh, Canada . . .
Acquisition of CP Kelco has logic but integrating such a large and underperforming business will be a challenge
Glenn Fogel says burden from bloc’s new digital rules is putting online travel giant at a ‘competitive disadvantage’
Ex-BP boss Tony Hayward will run group after buyout firm acquires assets in Italy, Egypt and Croatia from Energean
Deal would feed growing appetite for credit as bidders expand beyond their private equity roots
Safe Superintelligence Inc to focus on safety and comes a month after star researcher quit the ChatGPT maker
Employees of Wall Street bank’s British operations will now be able to earn up to 10-times base salary
Results of ballot of 3,000 Coventry-based staff due on July 15
Regulator’s lawsuit threatens to disrupt design software group’s focus on artificial intelligence
Plus, how Europe’s playing catch up with a new Nato tech defence fund
Dave Calhoun appeared contrite before an US Senate panel but faced scrutiny over the company’s conduct
Landmark moment for US chipmaker caps explosive rally fuelled by investor excitement over artificial intelligence
Billionaire owner says business practices must evolve after $77mn loss but pledges to maintain ethical standards
‘Long-expected deceleration’ in consumer spending may now be under way, says Adriana Kugler
A divisive case over climate change and shareholder rights winds down after shareholder agrees to drop effort
Billionaire X owner returns to ad industry festival to reassure brands put off by his use of social media platform
US start-up becomes latest to succumb to difficulties hitting the sector
Tech company willing to open mobile pay system to rivals in concessions that will help avoid antitrust fines from the bloc
Shares in cancer-test developer trading in low volumes ahead of spin-off demanded by antitrust regulators
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