Cash in hand

When markets are jumpy and cash is needed, sovereign-wealth funds have some very fetching characteristics. As well as having lots…

Something doesn?t fit

Occasionally investors can believe impossible things, as they did when dotcom stocks with no profits were valued at more than…

Can pay, won?t pay

The state of Illinois has a rather crude way of coping with its ballooning budget deficit. It stops paying bills.…

More is more?

A few years ago an incoming Conservative government might have shaken up aid policy by scrapping the Department for International…

All together now

Ever since the forging of Renault?s alliance with Nissan in 1999, Carlos Ghosn, the boss of both carmakers, has been…

Nip and tuck

Investors who may once have doubted that euro-zone countries could right their public finances seem now to fear…

Ideas that work

Most MBA students will never read an issue of Administrative Science Quarterly, a well-regarded business-research journal…

Chips off the block

Amid all the diplomatic ding-dong over China?s yuan, it is easy to lose sight of emerging Asia?s other currencies.

In two minds

The past few months have produced so many examples of corporate incompetence?think of BP or Goldman Sachs or Toyota?that it…

You?ve been framed

The lyrics of ?step right up?, a 1976 recording by Tom Waits, a gravel-voiced American singer, are a lexicon for…

Give us a huddle

Bankers usually look forward to conferences as an opportunity to get out of the office, network with colleagues and whoop…

Market Data
Market Data