Abu Dhabi’s Adnoc abandons $18.7bn bid for Australian group Santos
State oil company’s proposed offer for LNG business runs into political and commercial hurdles
Economic news
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EU explores using €170bn of Russia’s frozen assets to fund Ukraine
Some capitals remain wary over ‘reparation loans’ plan, as US calls on G7 to tap Moscow’s money immobilised abroad
Surging US power costs defy Trump’s pledge to halve bills
Electricity price inflation sparks political debate ahead of elections
UK watchdog to waive some rules for cryptoasset providers
FCA says traditional financial rules would not be effective for the sector as it prepares to fully integrate the market
Security company Verisure plans to raise €3.1bn in Swedish IPO
Move by private equity-backed group is latest signal of reopening for new European listings
UK inflation holds at 3.8% in August, in line with expectations
August core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by an annual 3.6%, down from 3.8% in the twelve months to July.