The Lex Newsletter: Big money does not make football a business
PSG, Juventus, Twitter, Elon Musk, Casino, UK house prices, Wise, Hong Kong IPOs
Ocado puts brakes on expansion as online grocery demand eases
Group tells investors it will pause rollout of automated distribution centres in UK
InfoWars founder Alex Jones files for bankruptcy
Far-right host was hit with almost $1.5bn in damages over false claims on Sandy Hook school shooting
EU reaches deal to impose $60 cap on Russian oil exports
Poland drops objections after Brussels pledges to work on new package of sanctions against Moscow
John Lewis/Abrdn: transporting tenants to the Aisles of the Blessed
Renting out UK dwellings is an entirely different business to selling saucepans
FCA issues first fine in British Steel pension mis-selling scandal
Welsh financial adviser hit with £2.4mn penalty for ‘woeful’ guidance to quit defined benefit schemes
Elon Musk: distracted by Twitter, on Twitter
Tesla investors should be wary of social media giant’s ability to monopolise entrepreneur’s attention
Intel staff in Ireland offered three months unpaid leave
US chipmaker aims to slash costs by $3bn next year amid a sharp industry downturn
Watchdog warns firms over CFD mis-selling risks
Market turmoil increases dangers in highly-leveraged products
Bankman-Fried’s hedge fund took big hit to prop up FTX exchange
Alameda Research sustained up to $1bn loss last year when client’s trade on obscure token went sour