Today’s top storiesThe UK’s Competition and Markets Authority dealt a blow to Microsoft’s attempted $75bn acquisition of video game company Activision Blizzard, warning of “higher prices, fewer choices, or less innovation for UK gamers”. A deal would make Microsoft the third-largest gaming company behind China’s…

An artist who sold non-fungible tokens featuring digital depictions of Birkin handbags has been ordered to pay $133,000 in damages to the brand’s owner Hermès, a victory for the French luxury group in a landmark case over how US intellectual property rights are applied to…

Unrest in Peru is threatening copper supply from the world’s second-largest producer. That has contributed to a rally of more than 20 per cent in the metal’s price since late-September lows. Events in Peru highlight the risks to global copper supply, strengthening the long-term bull…

Europe’s top financial supervisor said it was putting pressure on eurozone banks to cut their Russian exposures even as the window to sell these assets was narrowing after the Kremlin turned “more hostile” to such moves.Andrea Enria, chair of supervision at the European Central Bank,…

Trading on Turkey’s stock market was suspended on Wednesday morning after the country’s benchmark index fell 7 per cent, extending a steep slide from the previous day triggered by this week’s devastating earthquake. The Bist 100 fell 7.1 per cent in morning dealing, twice tripping…

The UK competition regulator has said Microsoft’s $75bn acquisition of video game maker Activision Blizzard could “result in higher prices, fewer choices, or less innovation for UK gamers” in provisional findings that jeopardise the landmark deal. The Competition and Markets Authority on Wednesday said the…