CVC sells marina business for more than €1bn as yacht market booms
French private equity firm InfraVia’s purchase of D-Marin is latest in a flurry of investments in sector
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EasyJet reaches outline agreement on £5.5bn takeover by Castlelake
UK airline’s board says it is minded to recommend proposal by US private credit group
How the Iran crisis undermines the Bank’s QT programme
Unlike the previous crises, this time the Bank carried on selling. It is time for a rethink.
Why OpenAI and Anthropic may struggle to float
The costs of remaining at the frontier of AI are punishing, but the penalties for falling behind may be even worse
UK ministers changed stance on biofuels after officials’ US lobbying tour
Revelation raises concerns that US commercial pressure could weaken Britain’s efforts to reduce carbon emissions