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Draghi’s right to keep his foot on the gas

  Since becoming president of the European Central Bank, Mario Draghi has rarely looked as relaxed as he did in Thursday’s press conference. It’s not hard to see why: The euro-zone economy is gathering speed, confidence is soaring, and unemployment is tumbling. The recovery is also spreading across the region, reducing the risk that some countries may need a different ...

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Microsoft’s black box magic works on investors

  Microsoft Chief Executive Officer Satya Nadella isn’t one for straightforward communications. On Thursday night, when analysts plied him with politely worded questions about the change in Microsoft’s business model, they were treated to classic bits of cryptic wisdom such as this one. To me, that’s why Azure is pretty strategic for us, not just for the attachment of high-level ...

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Goldman Sachs to move UK staff on Brexit in 2018

  Bloomberg Goldman Sachs Group Inc. plans to start moving London-based staff and operations to new or expanded offices inside the European Union next year, as it prepares for the UK to lose easy access to the single market after Brexit, the firm’s co-head of investment banking said. The bank will relocate client-facing staff to various EU cities including Madrid, ...

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