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Newly released accounts show company expected to breach banking covenants because of soaring prices
Charif Souki’s Driftwood LNG loses Shell and Vitol as customers and bond sale is scrapped
Groups cite the resources needed to meet data reporting requirements
Vessel Viewer seeks to flag craft engaged in breaching quotas, catching in forbidden waters — or worse
Bank preparing to reduce size of ‘subscription line’ book from $65bn to $20bn
Chief financial officer of world’s largest plane maker warns that hitting goal will not be ‘a walk in the park’
The industry is not a pyramid scheme but it might be operating in an alternate reality
Wisk Aero’s Gary Gysin says industry is becoming tougher following rush of investor enthusiasm
Orlando Bravo has personally championed bitcoin while his firm Thoma Bravo has a stake in FTX
As theme parks subsidise the company’s huge investment in streaming, higher prices for frequent visitors are inevitable
Groups are capitalising on a shift to diversify supply chains away from China
Plus, far-right bloc wins Italian election and Kyiv’s western allies boost nuclear deterrence
Prevalence of ‘dumb’ retail money offers ‘bankable’ returns if you invest by going against the flow
Increase in FDI is only ‘notable success’ of Northern Powerhouse project, says former Treasury minister O’Neill
Brussels staffers seeking to go on unpaid leave told they can no longer work for private companies
Biggest customers of UAE business sent partners’ statement swearing allegiance to firm
Sanctions threaten to prevent local pilots from guiding ships through treacherous Danish straits
Global demand still booming for hotels and flights even as airlines pass on higher fuel costs
Yoshimitsu Goto is at the centre of the conglomerate’s gruelling battle against the global tech rout
Commodities trader pursues investment talks with state-owned companies after liquidity crunch
Targets would range from batteries to wind, alongside pledge for faster transition to fossil-free power
Chancellor Olaf Scholz visits Gulf states in drive to secure energy imports
Weathering the broader tech sell-off amid the return to classroom learning is a risky bet
Questions we should have addressed — on regulation, transparency and capital requirements — remain unanswered
Unscientific prejudice towards the electromagnetic oven is factually wrong, mean-minded and just plain nasty
Plan to speed up renewable projects will ease reliance on nuclear power as Europe’s energy crisis deepens
Technology is the sector most concerned, the semiconductor industry raising the loudest alarm
Markets had feared the company’s big earnings miss foretold broader economic strife
Deep discounts to offload bonds and loans in software maker’s LBO cost banks $600mn
Plus, the NBA gets ready for an unexpected sale, Rugby Sevens signals Hong Kong’s reopening, and more
Honey & Co’s delicious three-course meal is designed to delight all your guests, whatever their dietary directives
New York court ruling on Tether case comes amid negotiations over a draft legislation for the sector
Closure of celebrated old-style diners highlights impact of tough coronavirus policies
Foreign groups are losing ground against nimble local upstarts in the $10bn market
Ofcom will assess whether Amazon, Microsoft and Google are limiting innovation and growth
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