US real estate agents liable for $1.8bn over broker fees on home purchases
Lawsuit had alleged that agencies conspired to force sellers to pay hefty commissions
Financial & markets regulation
Yen under renewed pressure following BoJ policy tweak
Currency sinks close to last intervention point after small adjustment to central bank policy
Central banks
Bankruptcy: grave-dancing bankers and lawyers gird for fee bonanza
PJT Partners rare deal adviser to show revenue growth in 2023
Mergers & Acquisitions
FBI says Hamas attack on Israel inspiring ‘new level’ of terror threat against US
Christopher Wray says both Jewish and Muslim communities are at increased risk
Terrorism
There can be no AI regulation without corporate transparency
AI companies are growing ever more secretive as their power and profiles blossom
Artificial intelligence
Police shoot unarmed woman in Paris train station
France is on high alert for terror attacks as authorities fear contagion from Israel-Hamas war
Terrorism
Vodafone: mobile operator says goodbye to its pain in Spain
New-look group has at least some features of the older model
Mergers & Acquisitions
Toyota to invest a further $8bn in North Carolina battery plant
Investment is the largest by a foreign automaker in its US plant since IRA was passed
Electric vehicles, Batteries
Blackstone sells stake in €4bn Spanish hotel chain to GIC
Deal raises more capital for US buyout group’s expansion at a time when borrowing costs have soared
Travel & leisure industry, Mergers & Acquisitions
Central banks hold interest rates at a scary time
The Bank of Canada and European Central Bank’s thinking diverges on economic shocks
Central banks