China courts global CEOs for meeting with Xi Jinping
China is seeking to hold a meeting between President Xi Jinping and global chief executives this month, as scores of international business leaders from Citadel’s Ken Griffin to HSBC’s new CEO Georges ...
Spotify cranks up the profit dial
Spotify has found its groove. News this week that the Swedish music streaming service had paid more than $10bn in royalties last year highlight just how big it has become — and how much more ...
Trump’s incoherent economic agenda
The short-term pain might be easier to digest if the means — and the ends — were intelligible. Indeed, if the overarching goal is to, however vaguely, “Make America Great Again”, then the hotchpotch ...
Liberty Global in talks to acquire Vodafone’s stake in Dutch JV
Liberty Global is in talks with Vodafone to acquire the UK telecom group’s stake in their Dutch joint venture VodafoneZiggo, according to two people familiar with the matter.
US consumer sentiment tumbles as long-term inflation expectations hit 32-year high
US consumer sentiment tumbled in March as long-term inflation expectations hit their highest level in 32 years, underscoring worries that Donald Trump’s policies are hitting the ...
Northern Ireland risks becoming ‘collateral damage’ in transatlantic trade war
Post-Brexit deal means EU tariffs would apply, putting the region at a disadvantage if UK wins US tariff exemption ...
Asda warns of material profit hit after ‘disappointing’ annual sales
Asda has been grappling with shrinking sales in an increasingly competitive market as well as availability problems and declining store standards. Its grocery market share fell to 12.6 per cent in ...
Armenia and Azerbaijan signal breakthrough in peace talks
Western officials welcomed the apparent breakthrough in negotiations. The announcements “represent a decisive step towards lasting peace and security” in the region, said EU top diplomat Kaja Kallas.
Ex-Deutsche banker sues for €152mn over Monte dei Paschi scandal
Former head of institutional clients Dario Schiraldi brings case against former employer over alleged harm to his career ...
Saylor’s Strategy: buy higher, pump harder
The proceeds will be used, predictably, to buy more bitcoin. At today’s bitcoin price of around $80,000, Strategy could amass another 262,500 bitcoins, bringing its total holdings to 3.6 per cent of ...
Banks’ climate climbdowns show limits of stakeholder capitalism
The Net-Zero Banking Alliance — an alliance of lenders nominally committed to fighting climate change — is debating whether to ditch a key pledge, and several companies including HSBC, Standard ...
Violence signals time is short to build a united Syria
On top of all this, the Syrian people are getting frustrated. Electricity supply is limited to a few hours a day. An influx of cheap Turkish goods is undercutting local manufacturers. Government ...