CIOs evaluate risks of bond negative yields

  About 30 per cent of the bonds issued by governments and companies worldwide are trading at negative yields — which means that $17tn of outstanding debt is being paid for by creditors. This bizarre reversal of normal practice has raised profound qu...
  • September 9, 2019

BA flight cancellations begin ahead of two-day pilot strike

  Dozens of British Airways flights were cancelled on Sunday, hitting holidaymakers and business travellers trying to return to Britain, as the airline braced for a two-day pilot strike set to begin on Monday. Roughly 50 of Sunday’s flights have been...
  • September 8, 2019

Third of foreign investment is multinationals dodging tax

  A large proportion of the world’s stock of foreign direct investment is “phantom” capital, designed to minimise companies’ tax liabilities rather than financing productive activity, according to research. Nearly 40 per cent of worldwide FDI — worth...
  • September 8, 2019

Italian Grand Prix strategy guide

  MONZA, Italy — The Italian Grand Prix will be a one-stop race and is unlikely to have much variation in strategy. The fastest way to the flag is to start on the soft tyres before a pit window opens up between lap 19 and lap 29 to switch to th...
  • September 8, 2019

Hong Kong protesters make plea to US lawmakers for support

  Protesters in Hong Kong clashed with police for a third consecutive night on Sunday, setting entrances to the public transport system ablaze, smashing windows and dashing hopes that a climbdown by the government last week would end the three-month ...
  • September 8, 2019

Greece’s Mitsotakis calls for tax cuts and reforms

  Greece’s new prime minister, Kyriakos Mitsotakis, has announced tax cuts and structural reforms aimed at rebuilding the country’s credibility with investors, after three international bailouts and a grinding eight-year recession. “Greece has turned...
  • September 8, 2019

Team USA struggling to put up points in China

  SHENZHEN, China – In the Rio Olympics three years ago, Team USA averaged 101 points a game with Kevin Durant, Kyrie Irving and Carmelo Anthony leading an electric offense. In the 2014 World Cup in Spain the Americans averaged 105 points with ...
  • September 8, 2019
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