But national prediction markets including Kalshi and Polymarket have clouded the picture significantly. These rapidly growing businesses offer “events contracts” that match customers who want to take ...

A fancy water fountain display at New York’s LaGuardia airport alludes to one of the many reasons behind liquidity challenges at JetBlue Airways. Soaring fuel costs, limited scale and even creeping ...

The translator’s debut novel is a funny, moving and skilfully crafted story of obsession, performance and the fantasies that drive people to action ...

Italy’s UniCredit and Commerzbank held talks about a potential takeover in recent weeks, but the German lender rejected the approach saying a deal did not offer sufficient upside for investors.

Hedge funds have amassed a record number of short positions against European stocks, in a bet that the region will be hard hit by the economic fallout from the Iran war. The number of short ...

Take part in a live Ask an Expert Q&A with Joe Leahy and Cheng Leng from our Beijing bureau on Friday April 10 at 1pm BST ...

Kanye West has been blocked from travelling to the UK after calls mounted for the government to ban the US rapper from performing at a London music festival this summer over previous antisemitic ...

Blackstone and industrial investor Tinicum have agreed to buy aerospace parts supplier Senior in a £1.4bn deal, the latest in a series of takeovers of UK industrial groups. In a ...

An arm of Abu Dhabi’s sovereign wealth investor has raised almost $1bn for its third Brazil fund, despite concerns that the war in the Middle East will cause Gulf states to review overseas investments ...

Emerging markets have become much more vulnerable to global shocks such as the Iran war because of their increased reliance ...

Proxy adviser Glass Lewis has recommended voting against Albert Manifold’s re-election as chair of BP over concerns about climate-related reporting, as investment group Legal & General also said it ...

Interest rates on the most contentious student loan plans in England and Wales will be capped at 6 per cent from September as ministers move to protect borrowers from a rise in inflation resulting ...