It’s been a tough few years for Virgin, but has the brand lost its lustre?
Even though just five stocks, led by Apple and Microsoft, account for 24% of the index, the concentration helps stabilize the risk of investing over time
The outlook has improved with the lifting of the debt-ceiling cloud and the easing of the bank crisis
There's little point in taking a break from hikes if what follows is more hawkishness. Policymakers don't want to say anything that encourages investors to race ahead with bets on early reductions.
The soccer great's expected contract with Inter Miami of the US’s Major League Soccer makes a lot of sense — professionally, personally and maybe even financially. Importantly, this arrangement may allow Messi to help Argentina defend its Copa America title next year and the World Cup title in 2026, both to be held in the US
To create a level playing field, companies need to tap women for the unsolicited promotions that are still mostly men’s domain
For all the ideology’s faults and blind spots, it changed the world for the better and still offers lessons for the future
The Biden administration is widely expected to sign an executive order soon that will ban American investments in advanced technologies in China. Breaking itself into three entities is Sequoia’s answer to de-globalisation. In late-2021, Sequoia had similarly reconfigured itself to beat hedge funds crossing over to venture capital
Apple's extensive retail operation comprising 520 stores is an underestimated force in its efforts to win at mixed reality. Its stores are already well-established with good footfalls and introducing mixed reality in this environment may be enough for this first-generation product
Once a star, business confidence is fast waning. The property market looks more bust than boom. Power blackouts in northern areas are hurting big manufacturers. Vietnam's downturn has been aggravated by an anti-graft drive that's seen hundreds of party members prosecuted
What can be concluded from the S&P 500’s rise amid tech mega caps, a missing recession (earnings or otherwise), and more
Are dams fair game in warfare? Nuclear power plants? It’s not as if Vladimir Putin would care
A crisis in worker morale could help explain some of the apparent paradoxes in the data
Macron now recognises the threat posed by Putin and acknowledges that EU enlargement, a process that in 2019 he warned would weaken the bloc, was now a question of security and stability. He has apologised for not listening to his allies, but are they any more ready to listen to him?
Both iPhone and Apple 1 spoke to a computing future that hadn’t been fully imagined then. In time, the Vision Pro will become cheaper, thinner, lighter and cooler. Apple can’t claim to have invented mixed reality but in its typical fashion brings innovation and smart design to a category severely lacking in both
Investment banking activity is at decade lows and there are few signs it will improve any time soon
By implementing a unilateral output reduction, Riyadh is hoping to boost crude prices
The dollar is pretty much the most-utilised method of exchange across the world after each nation's own currency — sometimes even surpassing domestic currencies. Contradictions like China's likely dominance of any central bank that the BRICS could set up alongside the border tensions with India make the grand plans a non-starter
The situation in the oil market today is reminiscent of the 1980s in many ways. But this time, there could be a key difference when the Saudis open the taps again: The world may no longer want what they’re selling
Wanda's liquidity woes dwarf every other indebted builder in the world. If a proposed share sale fails to go public by the year-end, Wanda, China's biggest shopping mall operator, will have to repay its pre-IPO investors, who bought in about two years ago, around $5.6 billion
Erdogan’s superior campaign organisation did much to offset anger over the earthquake in the presidential elections. But the economy of the quake affected areas is in deep trouble. More worryingly, there isn't much aid seeping in
A one-sentence statement signed by industry experts is impressive in its humility but it is more likely to generate backlash than assent. One common-sense objection might go like this: If you’re so concerned about extinction, why don’t you just stop working on AI?
Saudi-UAE tension on production quotas could determine fate of the crude market for months
Technology can help mitigate environmental damage, but it can’t solve the problem
The entrepreneur’s Neuralink startup will be life-changing for some, but it’s hard to see how it will transform society