How the world became too reliant on Jensen Huang
The chief executive’s travails are a reminder that a single point of failure is never a good thing for a big company
UK
Whitbread investors slap down activist Corvex’s bid for board seat
Shareholders in Premier Inn owner vote against resolution to hand board seat to US hedge fund
UniCredit set to seal Commerzbank takeover this month
Italian lender plans to launch restructuring of German target in first quarter of 2027
Crédit Agricole pitches merger of Italian business with Banco BPM
French lender seeks to create Italy’s third-largest bank amid a flurry of dealmaking in the industry
Private equity firm seeks to take control of LIV Golf from Saudi wealth fund
BC Partners looks to purchase Public Investment Fund’s bankruptcy loan in order to revive failed golf league assets
Sequoia’s new chiefs sweep away last remnants of Botha era
Closures of London office and permanent capital fund mark latest efforts to streamline Silicon Valley VC firm
AI is coming for managers’ headcount
Their pay grade could be next
Groundscrapers: a low-rise innovation with high-rise prospects
Buildings that are longer than they are tall have started popping up in the busiest cities
Musk wants to give stock to kids. What’s the problem?
The act is generous but there are reasons to wish it could be done in a different way
Interest rates are making UK homes less affordable, even as wage rises increase faster than house prices
P.Cartwright/ShutterstockThe Bank of England’s decision to put interest rates up for the first time in over three years could be bad news for prospective homebuyers. Higher borrowing costs risk putting home ownership even further out of reach for many people.
But the numbers aren’t all bad.
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