Chief executive Carlos Tavares seeks to turn fortunes around amid falling profits, production issues and fights over EVs
US private equity group nears deal for pharma spin-off after edging out PAI-led consortium
Prosecutors say Canadian lender failed to remedy ‘long-term, pervasive and systemic deficiencies’ because of cost controls
Chief executive Lisa Su believes Silicon Valley group is closing the performance gap with its larger competitor
Dutchman to become external senior adviser to Arta Finance, venture founded by former Google employees
Agreement over heartburn medicine should help to resolve concerns hanging over UK drugmaker
A seemingly misfired message has embroiled Albert Bourla and his company in a high-stakes activist battle
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industry
Search group claims regulators are overreaching just as foreign and domestic rivals are gaining ground
Industrialist who led the Tata conglomerate’s acquisition of Jaguar Land Rover and UK steel plants, with mixed results
It is better to target the tech giant’s ability to entrench its power
Also in today’s newsletter, Taiwan’s president calls on China to maintain peace, and South Korean author wins Nobel literature prize
Appointment comes ahead of international investment summit
Disposal? Negative
Holdings of Platinum Equity and Clearlake Capital are at heightened risk of default, rating agency says
Barclays pulls best-priced home loan rate with other lenders set to follow suit
A report claims Roblox is failing to protect young users from toxic content — but investors have shrugged it off
Senator says US regulator needs to take tougher line against ‘repeat offenders’
The vice-president sought to tap into the female audience of Alex Cooper’s hit chat show
At least four people are killed after state hit by tornadoes and winds of up to 120mph
A big market narrative with an eerie absence of sceptics
Zantac settlement should ease investors’ nervousness but long-standing concerns about drugmaker’s pipeline remain
UK FCA says lender’s ‘woeful systems and controls’ exposed struggling clients to risk of harm
Why is the Golden State shedding companies?
The boom in data centres for AI will raise prices for ratepayers and risks slowing the energy transition
Flat-pack furniture retailer returns to policy of lowering furniture costs after pandemic-era increases
The country’s brokerages will need to consolidate to achieve scale
Also in today’s newsletter, HSBC’s cost-cutting plans and the FT investigates Russia’s ‘shadow’ oil fleet
Local manufacturer Arnest had previously snapped up Russian assets of Heineken
Japanese retail conglomerate seeks to streamline its operations as it fends off bid from Alimentation Couche-Tard
It may be that a warming planet cannot be underwritten at any acceptable cost
Asset manager posts another quarter of net outflows amid ‘challenging’ conditions
Logistics properties have become one of the most attractive parts of the commercial real estate sector
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
