Nvidia becomes the bank of AI
Wall Street groups are working with the chipmaker to assemble a $500bn funding package for AI infrastructure
UK
Banks’ refusal to take on crypto firms risks stunting UK industry’s growth, lawmakers say
Parliamentary group asks lenders to clarify rules for serving crypto companies
Why the BoE needs more parliamentary attention
Further scrutiny and accountability would strengthen independence
Hong Kong set to include trading firms in ‘big bang’ tax reforms
Proposal is part of push by the Chinese territory to compete with Singapore for top-tier financial talent
Wall Street giants partner with Nvidia on $500bn AI financing deal
Apollo, Blackstone and Goldman Sachs are among groups working with chipmaker to raise capital for data centre boom
Start-up bank backed by Palmer Luckey set to raise $1.5bn
Funding values Erebor at $8bn, underscoring growth of lender supported by Silicon Valley investors
Revolut wins French banking licence
Authorisation from regulator accelerates UK-headquartered fintech’s European expansion plans
Canals cool down cities during heatwaves – new research
A canal boat moored on the Regent's Canal in London. BBA Photography/ShutterstockCanals in Great Britain and Ireland cool city neighbourhoods up to 50 metres from their banks, particularly during heatwaves.
A €55bn family empire trapped by its own rules
Conflict between Leonardo Del Vecchio’s heirs leaves Delfin in stasis as group’s portfolio is reshaped by consolidation
Hargreaves Lansdown orders staff back to office
UK’s biggest DIY investment platform calls employees back to the workplace three days a week
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