Trump’s star power yields uneven results in Republican primaries

A controversial far-right Republican has secured his party’s nomination for governor of Pennsylvania, one of a group of Donald Trump-backed nominees to win his primary race on an otherwise mixed night for... Read more »

Brookfield strikes £4bn deal for UK’s HomeServe

Canada’s Brookfield Asset Management has struck a £4bn deal for HomeServe, the UK home repairs and emergency services group in one of the largest private takeovers in the London market this year.... Read more »

China bull Baillie Gifford warns of growing threat to foreign investors

Baillie Gifford has warned of the mounting risks to foreign investors in China after a punishing year for the fund manager’s Scottish Mortgage Investment Trust as its bold bets on the country’s... Read more »

Twitter deal leaves Elon Musk with no easy way out

Since the financial crisis, corporate lawyers have aspired to build the ultimate ironclad merger contract that keeps buyers with cold feet from backing out. The “bulletproof” modern deal agreement now faces one... Read more »

Sri Lanka becomes first Asia-Pacific country in decades to default on foreign debt

Sri Lanka’s central bank has confirmed the country has missed a deadline for foreign debt repayments, the first sovereign default in the Asia-Pacific region this century, according to Moody’s. A 30-day grace... Read more »

Google’s Russian unit to file for bankruptcy after seizure of bank account

Google’s Russian subsidiary plans to file for bankruptcy after authorities in the country seized its bank account following a series of clashes between Moscow and the US tech giant. “[The seizure] has... Read more »

Met Police end ‘partygate’ probe after issuing 126 fines

London’s Metropolitan Police said on Thursday that it had issued more than 100 fines over coronavirus rule breaking in Downing Street and Whitehall as it announced the conclusion of its investigation. The... Read more »

U-turn on audit reform is bad for British capitalism

The writer is chief investment officer of Muddy Waters Capital There’s a line in the comedy film Zoolander in which the protagonist, a vacuous and vain model, confesses to having considered volunteering... Read more »

How we quietly ditched the idea of progress

There’s a café near me in Paris called Le Progrès. I imagine its pavement tables a century ago, populated by French socialists in hats and elaborate moustaches — men (yes, almost all... Read more »

Asia sell-off: clumsy policymaking has exacerbated China crisis

Last week, shares of Chinese tech giants looked like they could not go any lower. On Thursday, Tencent led further declines, falling as much as 8 per cent and pulling down Hong... Read more »