From Financial Times
Big Tech’s data centre boom poised to drive up carbon emissions
FT analysis finds 60 largest planned facilities could emit equivalent of 27 coal plants or 24mn cars per year
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World’s largest carmakers seek to avert motor oil crisis
Shortage of Group III base oils prompts auto manufacturers to turn to new blends
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South Korea’s inverse correlation
Kospi down, won up
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Traders are spoiling for a fight over the yen
After historic US-Japan intervention on the currency, the risk of market ructions is again rising
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OpenAI upheaval mounts as Sam Altman readies IPO push
Executive exits and safety team changes unsettle staff as the ChatGPT maker prepares for a blockbuster listing
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US regulator grants banking licence to Trump family crypto venture
President’s business interests in office have become a political flashpoint
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Bezos-backed group strikes deal for stake in Liverpool FC
Consortium led by son-in-law of steel billionaire Lakshmi Mittal invests at valuation of more than $7bn
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Investors pile back into US stocks as bullishness returns to Wall Street
Stellar earnings season and falling inflation fuel rebound from July’s chip rout
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Venezuela wants its gold back from Bank of England
After US-backed negotiations, the two sides said they would push to access $4bn in bullion held in the UK
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Jane Street has paid up large to avoid its numbers leaking out
Cheap financing < privacy
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Indonesia’s Prabowo retreats on commodities reform amid market pressure
State-owned agency had threatened to shake up trade of nickel, thermal coal and palm oil
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All aboard the wind power rollercoaster
Vestas share price surge highlights wild swings in investor sentiment
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