FCA has not yet used new powers to fine or prosecute groups that do not co-operate

KoBold Metals aims to lead race for critical minerals needed for energy transition

Industry is decommissioning legacy lines as demand for metal expected to grow

Investor excitement over AI helps Big Tech once again drive gains in blue-chip S&P 500

Transit deal expires with no follow-up agreement on flows to central Europe

There is a good chance the Trump administration will take action over the issue after complaints from the right

Amid much pessimism there are also several things that may well lift the mood

Only 20% of actively managed equities and fixed income vehicles outperformed over 15 years

Biden administration races to provide Kyiv with additional support before Donald Trump takes office

Ministers under pressure to secure future of imperilled Grangemouth facility

US watchdog is seeking greater scrutiny over asset management giant’s vast holdings in lenders

Also in today’s newsletter, emergency plane checks in South Korea and Adani conglomerate divests from Singapore’s Wilmar International

Shift into passive strategies and ETFs has accelerated as performance of pricier mutual funds lags behind benchmarks

Traders take profits following big rise in equities this year

We failed to foresee the Trump effect and the scale of the boost his election win would give to the crypto universe

Right on the price of crude — but who would have thought renewables would have another bad year?

Lenders brushed off concerns about hit from falling interest rates

Incoming president is picking nominees with vested interests to be in charge of key regulatory areas

Case could give justices a chance to curb the rush to sue in the most ideologically friendly venues

Asset manager says growth of kingdom’s bond market has accelerated, driven in part by Vision 2030