China’s central bank moves to slow renminbi’s advance
PBoC makes it cheaper for traders to bet on weakening currency amid concerns about rapid appreciation
Shell grapples with debt crisis at Brazilian biofuels business Raízen
Lula intervenes as UK oil major holds crunch talks to rescue one of its biggest bets on clean energy
AI turns to a new type of lending
Tech groups turn to more chip-backed loans to fund arms race
Paramount clinches Warner Bros deal after Netflix walks away
Streaming company’s decision ends months-long battle to buy parent of CNN, HBO and franchises like Harry Potter
Private credit fund managed by KKR reports jump in troubled loans
FS KKR shares tumble 15% as markdowns highlight growing strains in debt extended to unlisted companies