Jupiter Fund Management Plc is getting something of a bargain in its purchase of Merian Global Investors, based on the post-announcement pop in the acquiring firm’s share price. Odd, then, that the deal has a clause that could see a dramatic drop in the takeout price if the target firm stumbles in the next two years. Jupiter is paying 370 ...

One of the world’s most pivotal economies is reeling from a self-induced policy mistake. Japan is now paying the price for last quarter’s consumption-tax hike, just as it begins to wrestle with the impact of the coronavirus. Japan’s gross domestic product tanked 6.3% in the final three months of 2019, the Cabinet Office said, almost twice the drop economists anticipated ...

Before a scandal dashed Benjamin Griveaux’s hopes of becoming the next mayor of Paris, the preferred candidate of French President Emmanuel Macron could be found promoting his answer to the capital city’s increasingly dysfunctional housing market. What the average priced-out Parisian needed, according to Griveaux, was a handout of 100,000 euros ($108,380) to use as down-payment in return for a ...