In May, the majority of Twitter shareholders fired the chief executive of Silver Lake Egon Durban, who made bets on companies such as Alibaba and Airbnb, juggling too many directors on top of his day job and voted against reappointment.…
A Kennon Robotics robot delivers food at Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen Bloomberg Getty Images BEIJING — In a year of Covid lockdowns and travel bans, some surviving Chinese startups are finding growth online…
Train passengers face another week of chaos on Britain’s railways as a series of bitter and long-running industrial disputes drags into the new year and looks set to disrupt the return to work after the Christmas holidays. Rail users have…
A Tesla electric vehicle is parked at a Tesla Supercharger station in Suwon, South Korea on August 7, 2022. Seong Joon Cho | Bloomberg Getty Images South Korea’s antitrust regulator says it will impose a fine of 2.85 billion won…
Millions of low-income households in Britain will receive payments of up to £1,350 spread over at least 12 months, the government announced on Tuesday as part of measures to reduce the cost of living crisis. The extra help was first…
A long exposure photo shows the path of SpaceX’s Falcon 9 rocket as it launches its ispace mission on December 11, 2022, with the rocket’s return and landing also visible. SpaceX Elon Musk’s reusable rocket maker and satellite internet company,…
The pace of store closures in the UK will accelerate in 2022 as Covid-era support measures are withdrawn, with rationalization rather than insolvency the main reason for store closures, according to a study. The Center for Retail Research found that…
A shopper goes through shirts in the children’s section at Old Navy in Denver, Colorado. Brent Lewis Denver Post | Getty Images January is usually an overlooked month for retailers. Buyers make returns and exchanges. They come to the store…
Italy is the eurozone country most vulnerable to a debt crisis as the European Central Bank raises interest rates and buys fewer bonds in the coming months, economists say. Nine out of 10 economists in a Financial Times poll identified…
Perhaps the only thing investors can take for granted is this: 2022 is finally over. There was nowhere to hide last year. Investors face declining prices on the equity and fixed income side of their portfolios. The iShares Core Growth…