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UBS: risky acquisition puts wealth manager top of the league in Europe
Domestic rivals have had little luck snatching clients away
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What happens when AI passes through the ‘uncanny valley’?
Robots are close to being so convincing that we can’t tell them apart from humans — and that could be a problem
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Foreign investors sell China shares at record pace in August
Outflows of $12bn come as Beijing’s support measures fail to offset fears over economic slowdown and property crisis
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Euro weakens as traders bet inflation data pushes ECB to hold rates
Financial services stocks rise after UBS says it will absorb Credit Suisse’s domestic bank
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The paperwork problem with the Russian oil price cap
Moscow is benefiting from bad mechanism design
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Eurozone core inflation edges down ahead of crunch ECB decision
Underlying and headline figures at 5.3% as central bank debates whether to continue raising rates
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UK interest rates may not rise further, says Bank of England’s top economist
Huw Pill indicates he will vote to keep rates at 5.25% for longer, pushing back against market expectations
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Mark Thompson faces ‘peak disruption’ as he takes CNN helm
Former New York Times and BBC chief must navigate falling ratings and questions about the network’s political positioning




