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Top official resigns levelling accusations that institution is controlled by Communist party members
Cerberus’s My Money Group to inject more capital to satisfy regulators in deal whose delay was blamed on rising rates
German carmaker faces falling market share in China and growing EV transition costs
Chief executive of asset manager says technology has potential to bring down inflation
Industrial material producer blames ‘cautious investors’ over what had been set to be LSE’s largest listing this year
European Commission says Silicon Valley giant is abusing its dominance of ad tech market
Big Four face curbs on lucrative public sector work as conflicts of interest are exposed
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry
What lies ahead for the hedge fund in the wake of sexual assault claims against its founder?
The pandemic boom encouraged unrealistic expansion and investors now want profits
How the London firms diverged in a Darwinian tale of performance, succession and strategy
Climate policy is evolving fast as global temperatures rise. Can Asia-Pacific businesses keep up? This annual FT-Statista survey showcases the companies that have cut their carbon emissions intensity the most, and looks at the region’s climate challenges
Concerns over energy security appear to be cutting against Xi Jinping’s net zero ambitions — for now
Meanwhile sister companies with green energy knowhow look set to cash in
Chief financial officer says US debt ceiling stand-off knocked trading business in second quarter
Also in today’s newsletter, an alleged data breach in India, and the Fed pauses interest rate hikes
Central bank acts after criticism over its failure to predict rise of UK inflation
Users won’t pay $15 per month or watch ads to play the same old thing
The world cannot afford this year’s climate summit to be a washout
Allegations add to post-pandemic woes for search giant
Vote by Aslef members risks prolonging disruption to rail services across England
Email to staff says airline had uncovered pattern of harassment of junior female pilots
Employers warn that plan will do little to solve workforce crisis
Chief executive Wael Sawan says company remains ‘committed’ to its fossil fuel divisions
Abandonment of years-long policy follows removal of central bank chief Godwin Emefiele
Scrutiny of FCA’s investigation follows assault allegations against the hedge fund manager
Métier London has created a line worthy of the world’s greatest archaeologist
Chief executive Margherita Della Valle hopes scale benefits will increase profitability
Whoever takes control will have their work cut out, with the stores desperately in need of investment
HG Vora upped its holding after group of former GVC directors went public with their own share
Experts are waking up to the threat posed by artificial intelligence programmes if they fall into malevolent hands
Brokers warn that other lenders will follow suit in blow to households
Financial institutions and data providers should not be able to prevent important studies from being published
Ethan Wu and Katie Martin explain the big ideas behind what’s happening in finance right now
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