The European Central Bank (ECB) faces many thorny issues as it embarks on its first monetary policy strategy review in nearly two decades. From the setting of the bank’s inflation target, to its role in tackling climate change, the famed diplomatic skills of President Christine Lagarde will be tested. One aspect of the review should prove uncontroversial, however: The ECB ...

In the lumbering takeover battle for HP, Carl Icahn-backed Xerox Holdings Corp. had been wielding plenty of stick, so it was about time for some carrot. What came was more of a crudite, but it might just be the appetizer that HP needs. In the three months since Xerox’s initial bid, Icahn, who’s already the biggest investor in Xerox, took ...

The coronavirus outbreak is already threatening oil markets. The fear of lower demand — from a disease-stricken China and eventually globally as the economic impact widens — has destabilised prices, sending crude to its lowest levels in more than a year. For major oil-producing countries, the declines, coming at a time of curtailed output, threaten economic shocks that if long-lasting ...