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Tax inversion deal collapses: Will others follow suit?
John Lamb | Photodisc | Getty Images A planned $2.7 billion deal between pharma companies Salix and Cosmo, motivated in part by the opportunity to do a tax inversion, has fallen through. “There has...
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Buffett sells off ‘huge mistake’ Tesco
Warren Buffett, the legendary investor and chairman and chief executive of Berkshire Hathaway, has cut the company’s stake in U.K. supermarket Tesco. Warren Buffett: I made a mistake on Tesco Buffett...
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Total’s CEO killed after his plane hits snowplow
Tributes poured in for Christophe de Margerie after the chief executive of France’s Total oil company was killed when his private jet crashed into a snowplow in Moscow. Three other people were killed,...
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OPEC cuts oil price forecasts as ‘price war’ bites
Essam Al-Sudani | ReutersA worker checks the valves at the West Qurna oilfield in southern Basra, Iraq, October 13, 2014. The group of the world’s biggest global oil exporters has cut its forecasts...
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Euro zone yields hit record lows: Is ECB trumping reality?
It’s hard to believe it’s just a few years since countries like Ireland and Spain had to go cap-in-hand to international lenders – at least if you look at their bond yields. Ireland’s 10-year bond...
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Drug resistance deadlier than cancer by 2050: Study
Media for Medical | Universal Images Group | Getty Images Infections resistant to medicines will kill more people per year than cancer by 2050, and cost the world $100 trillion annually, according to...
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Russia’s ruble rout: Why it shouldn’t surprise you
Kirill Kudryavtsev | AFP | Getty ImagesA woman walks past a board listing foreign currency rates against the Russian ruble outside an exchange office in Moscow on December 16, 2014. The extraordinary...
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Is this the most caring, sharing Davos ever?
In an effort to build its relevance to the world outside traditional “Davos man” — the slightly scornful phrase used by political scientist Samuel Huntington to describe attendees, this year’s World...
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Why markets shouldn’t be afraid of Syriza
Greece has a new government, led by left-wing, anti-austerity Syriza – an event that has heightened fears about the country’s economic future and relationship with the other 18 countries that use the...
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Obama’s selfie-stick video: The future of campaigning?
A two-minute video featuring U.S. President Barack Obama clowning around — with very little mention of the healthcare program it is trying to promote — marks a sea change in the way political...
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Shell’s BG deal: The biggest oil price bet yet?
Royal Dutch Shell‘s £47 billion ($69 billion) agreed deal for energy company BG Group has already created turmoil. Shares in the UK energy utility soared nearly 40 percent, sending the entire London...
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Gray power: How older women can solve economic problems
AFP | Getty Images Hillary Clinton, Angela Merkel and Janet Yellen: women close to retirement age who are changing the world. Of course, these women are outliers in many ways. Still, their exploits —...
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Greek crisis: Tsipras says ‘no deal’ with creditors
International creditors on Wednesday rejected the Greek government’s plan to end its financial crisis, but they have submitted counterproposals. News of the rejection, announced by Greek Prime Minister...
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Why leaving your desk this August may be a risky move
FangXiaNuo | iStock | Getty Images August was traditionally the month when market players put on their out of office (or in an earlier era their voicemail) for a couple of weeks and sidled away from...
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Which sectors could do well despite market swings?
The stock market turmoil of the past few days has left investors selling off in almost all sectors. As the dust settles, where are the opportunities? At the end of newly-named Black Monday, nine out...
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