PwC fined $7mn over exam cheating by China and Hong Kong staff
US regulator says more than 1,000 of firm’s workers cheated on tests designed to familiarise them with US standards
Tata Technologies: EV designer galvanises interest in India stocks
Global investors now see the world’s most populous nation as a better proposition than China
Billionaires amass more through inheritance than wealth creation, says UBS
A survey of the global elite shows the “great transfer” between generations has overtaken entrepreneurship
BP pays £254mn to take full control of solar joint venture Lightsource
Deal signals that UK energy group is pressing ahead with a strategy drawn up by former chief executive Bernard Looney
Calls grow for gambling ad ban on London transport network
Mayor Sadiq Khan urged to honour manifesto pledge
Sultan al-Jaber feels the heat as COP28 kicks off
Also in today’s newsletter, time to sell out of the nuke supply chain?
How the energy transition will hit petrostate economies
Also in today’s newsletter, the latest from Opec+
RMT to end UK rail strikes after members accept pay deal
Agreement ends 18 months of national action by rail workers, but walkouts by train drivers to continue
Opec+ production cuts leave oil market sceptical
Crude prices fall after unconventional announcement of output curbs highlights strains within group
Bally — can the shoemaker finally make a footprint in fashion?
After a deal to sell the leather goods brand fell apart, Bally’s Simone Bellotti and Nicolas Girotto are forging a fresh — and quintessentially Swiss — identity for the label