The French presidential cycle goes something like this: euphoria, then disappointment — and then disillusionment, as the pace of reform slows down and popular unrest builds up. The violent clashes at this weekend’s protests show just how accelerated the decline can be once opposition takes root. Emmanuel Macron was supposed to be different. He came to power in 2017 through ...

Two years ago, Thomas Cook Group Plc was Santa Claus, rewarding shareholders with the first dividend in five years. Now it has turned into the Grinch, with an ugly profit warning on Tuesday, and a decision to ditch the payout. The shares fell as much as 33 percent. It’s clearly a very difficult time as the company struggles to cope ...

Who says there is no consensus on Brexit? Maybe not in Westminster, where the UK’s fractious parliament sits; but get a group of business leaders in a room, and suddenly everything looks much clearer: Prime Minister Theresa May’s deal to quit the European Union is workable, but a Labour government under Jeremy Corbyn would, however, be a whole other category ...