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Move is part of a restructuring plan to be put to creditors in an effort to slash costs

Chain warned it would be unable to make rent payments

If it is broke, then fix it — but manufacturers don’t always make it easy. We report on Europe’s growing ‘right to repair’ movement. Plus: plastics crisis; greener funerals; coffee waste innovators; battery mining; recycling renewables

Silicon Valley mainstay acquires cyber security software company $28bn in cash

Renaissance and Marshall Wace added to positions in chipmaking giant in second quarter, filings show

Market maker attacks ‘brazen’ efforts by exchanges to recoup costs of ‘Consolidated Audit Trail’ that tracks securities trading

Founder of $62bn firm hits out at US proposals to treat big players in his industry like broker-dealer arms of banks

Titi Cole, one of the most senior black women in finance, departs, while outgoing PwC US head Tim Ryan joins bank

Bank reports $1.8bn fourth-quarter loss after taking $4bn in one-off charges