Opinion

For years Facebook Inc stock has been a must own. The company enjoyed constant growth, regular user engagement and ad revenues that grew even with scandals tied to user data and fake news. But investors should be starting to worry a little. Regulators have been given the tantalising prospect of accessing internal documents that could bolster planned investigations into the ...

Even the savviest of investors were caught off-guard by the speed of China Evergrande Group’s unraveling. They shouldn’t have been: Trouble has long been brewing at China Inc, where balance sheets are weakening in the face of a rocky economic recovery. This could be Beijing’s worst blind spot yet. At over 1,100 listed companies in China’s industrial and manufacturing sectors, ...

As the board of Credit Suisse Group AG meets this week to discuss a strategic review, the names of external forces can be attached to the bank’s troubles: Greensill and Archegos, two broken finance businesses that hurt its bottom line and its clients. But the ongoing crisis at the Zurich-based institution springs from within: Credit Suisse was desperate to hit ...

There’s a joke on Twitter about Twitter that goes like this: The biggest innovation the company achieved after spending more than $3 billion on research and development over the last five years was doubling the character count of a tweet. That characterisation isn’t exactly fair, but there’s enough truth in it to make it funny. In the face of such ...

Nike Inc, like everyone else, is grappling with a supply problem — that is, getting its products from the factory out to sneakerheads and soccer moms everywhere. But that’s still much preferred to having a demand problem. Nike will be just fine. Even so, shares of Nike were kicked about 4% lower in after-hours trading after the athletic apparel and ...

In scenes reminiscent of a Cold War prisoner swap, a senior executive at Huawei Technologies Co was released, just as China allowed two Canadians to return home after 1,000 days in jail. The exchange will be hailed as a victory both in Ottawa and Beijing. But the political maneuvering required to orchestrate this deal undermines Huawei’s claims of independence from ...

It’s hard to imagine UK Labour leader Keir Starmer mocking the French as Boris Johnson did. But while metropolitan commentators sniffed at the prime minister ribbing an ally, most British voters laughed along. Starmer clearly has a Boris-shaped problem on his hands, which he’ll have to address as he rallies the UK’s opposition party at its annual conference in Brighton. ...

The electoral farce that took place in Russia last week was hardly interesting as a political event: once again, the main Kremlin-backed party, United Russia, retained a constitutional majority in parliament in a procedure that only President Vladimir Putin’s propagandists could deem free or fair; this time around, the Organization for Security and Cooperation in Europe couldn’t even send observers ...

Walk around a supermarket in the US or Europe and you will see some empty shelves once more. This isn’t due to people panic-buying toilet paper, as they did early on in the pandemic; rather it’s because supply chains are clogged at almost every stage between Asian factories and grocery stock rooms. But rising prices and patchy availability mean it’s ...

Now that the top US health regulators have delivered their verdict on Covid-19 booster shots, who exactly is in line to get one in the coming weeks? Sadly, too many of the wrong people and too few of the right ones, adding more messiness to a rollout process that’s been far from smooth. The Biden Administration already jumped the gun ...