Opinion

High low dressing – mixing designer pieces with bargain finds – has become a fashion staple. The trend is also playing out across the British high street. On Monday, luxury department store Selfridges, and value retailers Aldi UK and Dunelm Group Plc all posted strong Christmas performances. Aldi said it generated sales of almost 1 billion pounds ($1.3 billion) for ...

A year ago, all was set fair for Switzerland’s largest bank. The wealthy were getting richer and assets were appreciating, while many of UBS Group AG’s European competitors were still figuring out what they wanted to be. The firm’s decision after the financial crisis to pivot away from the rapidly shrinking securities-trading business to focus on managing money for the ...

Only in Tesla-land could a figure provoke a 10 percent slump in the stock at the open: Tesla Inc. kicked off 2019 with a sales report boasting it had delivered almost as many vehicles in 2018 — 245,240 — than in all prior years combined. Roughly 91,000 found a home in the fourth quarter, triple what was sold in the ...

The optimistic narrative about Apple Inc.’s iPhone business is falling apart in front of our eyes. The company has stunningly slashed its own revenue forecast for its first fiscal quarter that ended in December. Apple led by blaming a slowing economy in China and the trade skirmish with the US for worse-than-expected consumer transactions in the region that includes China, ...

In one of contemporary history’s intriguing caroms, European politics just now is a story of how one decision by a pastor’s dutiful daughter has made life miserable for a vicar’s dutiful daughter. Two of the world’s most important conservative parties are involved in an unintended tutorial on a cardinal tenet of conservatism, the law of unintended consequences, which is that ...

New General Electric Co. CEO Larry Culp could help himself out by accelerating asset sales. Shares of the troubled industrial conglomerate climbed in late trading on January 4 after Bloomberg News reported Apollo Global Management was considering a bid for the company’s GE Capital Aviation Services jet-leasing business. A deal, if one were to happen, would underscore Culp’s willingness to ...

It’s depressing — but at the same time fitting — that the new Congress has come to town in the midst of another government shutdown. For the moment President Trump sees tactical advantage in extending his dispute with Congress over funding his “wall.” Most of the country would be grateful if he and the Democrat-controlled House of Representatives came to ...

On January 2, China successfully landed its Chang’e-4 spacecraft on the moon’s far side — an impressive technological accomplishment that speaks to China’s emergence as a major space power. Understandably, some Chinese scientists are taking a victory lap, with one going so far as to gloat to the New York Times that “We Chinese people have done something that the ...

Imagine if you could predict recessions, years in advance, more accurately than professional economic forecasters, just by looking at a few data points. Well, according to a 2008 paper by economists Glenn Rudebusch and John Williams, you can. The data you have to look at is what’s known as the yield curve — a technical term for the different interest ...

The Hong Kong IPO of China Tobacco International (HK) Co. is looking like a hard sell. The offshore unit of China National Tobacco Corp. is not only in a sunset industry that’s been under attack globally because of smoking’s link to cancer, it’s also found itself in the crosshairs of the US-China trade war. Add to that a forecast slump ...