Category: Business

Tony Fernandes’s Capital A group is planning New York listings for its low-cost AirAsia airline and a digital “super app”. “If you want to be an actor, you’re probably going … Read More

This article is an on-site version of our Moral Money newsletter. Sign up here to get the newsletter sent straight to your inbox. Visit our Moral Money hub for all … Read More

The yen stabilised on Friday after five straight days of declines, as Japanese authorities expressed concerns over the sharpness of the currency’s recent fall in a rare joint statement. The … Read More

Truth is often stranger than fiction but nowhere more so than in the world of cryptocurrencies, where the lines between the two are blurring at an alarming rate. This week … Read More

Wall Street’s S&P 500 and Nasdaq stock indices recorded their worst week since January as fresh evidence of red-hot inflation and expectations of an aggressive central bank response led to … Read More

The average price of petrol in the US hit $5 a gallon for the first time in history on Saturday, adding further pressure to decades-high inflation that has become politically … Read More

“Monetary policy normalisation” is a wonderfully reassuring phrase. It seems to hint that the mispricing of risk that has characterised markets since the financial crisis may soon be a thing … Read More

Start-ups promising to use artificial intelligence to transform drug development are raising hundreds of millions of dollars and signing deals with Big Pharma, despite the recent sell-off in biotech stocks. … Read More

The British obsession with home ownership knows few bounds. But Prime Minister Boris Johnson’s plan to help housing benefit recipients become first-time home buyers will not get far. The plan, one … Read More

Ares Management is to hand back control of a French drugmaker it seized from the crisis-hit €1bn private equity fund that owns spyware maker NSO Group, paving the way for … Read More