Europe’s rearmament has spawned hundreds of startups, selling drones in particular. In 2026, nervy state buyers mean that public contracts will likely go to deep-pocketed new stars like $31 bln...

Japan’s new prime minister wants more spending to boost growth and the central bank to pause tightening. But government bond sales will weaken the yen and drive up import costs. That will sharpen...

He’s ready to work at all hours and will never miss a meeting. No other corporate director is as well-versed about the company or the market. The candidate nicknamed AI also can be dispassionate when...

The country’s failure to break out of its near-two-decade economic lethargy is destabilising its politics – a common predicament across Europe. Calls for more state spending miss the point. The only...

Investors see a 0% probability of tighter US monetary policy in 2026, yet three Federal Reserve rate-setters disagree. Traders also see little chance of higher rates in Europe. Recent hawkish turns...

Activist founder James Smith says more transparency at the post office’s property arm could lift the stock. But unlocking the $25 bln he wants likely needs a full spinoff. Smith is playing nice for...

The global economy has gone from 'balance sheet recession' after 2008 to 'balance sheet no-cession' today. Asset values have outpaced debts to reach 15 times world GDP. This has kept economies...

IndiGo is nixing around a thousand flights a day after neglecting to plan for new pilot rest rules, forcing New Delhi to cap fares. The broader issue is the carrier controls some 65% of the skies....

The consumer goods group is listing its Magnum unit, worth perhaps a lowball $16 bln. That reflects slow growth and the risk that consumers prefer weight-loss drugs to Ben & Jerry's. To rival top...

The $212 bln UK major has cut costs and doubled down on oil and gas. Given a problematic lack of new barrels beyond 2030, a deal with its $14 bln Portuguese rival would help. Shell could enter the...

Britain’s fiscal watchdog is facing heat over a data leak and its influence on the government’s 26 bln pound tax hike. The OBR looks ripe for change, but the same dilemma affects central banks and...

The developer has long enjoyed strong support from state-owned Shenzhen Metro. That is changing with Vanke pledging its stake in a unit to its backer amid default fears. But a restructuring might...

Former Prime Minister Edward Heath famously asked voters whether his government or labour unions ruled Britain. Left-wing politicians now pose the same query about bond markets. Chancellor Rachel...

The financial hub faces a big test after a blaze in a residential estate killed at least 55 people. Developers will likely bear higher safety costs. Officials may also accelerate efforts to tackle a...

Finance minister Rachel Reeves is raising taxes to build a bigger than expected 22-bln-pound buffer for her fiscal targets. But her plan to cut debt is devoid of a growth strategy, and much of the...

The tech giant's cloud computing and related sales jumped 34% to $6 bln. That validates boss Eddie Wu's aggressive spending as competition heats up. But overall adjusted operating profit plunged 78%...

Eutelsat, Europe's answer to Elon Musk’s Starlink satellite-internet service, raised nearly $2 bln to upgrade its fleet. The company's balance-sheet problems are now in the past. The big question,...

Syngenta may list in Hong Kong after pulling its $9 bln Shanghai debut. The agri giant's shift underscores limits of China’s onshore bourses, where Beijing favours steady gains over share sales –...

The $132 bln miner ditched a new offer for its $42 bln rival, 18 months after its first effort failed. CEO Mike Henry had grounds to bid for Anglo American again but seems to have once more misread...

Sanae Takaichi reckons a $135 bln stimulus will slow inflation by easing energy charges. Instead, extra spending will likely weaken the yen, push up import costs and lift prices, pressuring the...