The sight of a flooded Kansai International Airport and 3,000 stranded people after Typhoon Jebi slammed into southern Japan should be a warning to the world’s infrastructure investors. Airports have been a highly rated asset class over the past decade. The combined market capitalization of the companies that run the terminals in Paris, Shanghai, Sydney, Frankfurt, Copenhagen and Thailand has ...

The logjam in insurance M&A has broken. French mutual Covea Group is attempting an ambitious 8.3 billion-euro ($9.6 billion) takeover of reinsurer Scor SE, run by charismatic veteran chairman Denis Kessler. Securing an agreement for the mooted deal doesn’t look easy. The timing of the approach makes sense. After Axa SA’s deal for XL Group Ltd. at the beginning of ...

Hate to break it you, NIO Inc. is no Tesla. The Chinese electric-car company may have the trappings of the automaker of the future but ornaments won’t be enough to turn it into a genuine contender. A self-declared rival of Elon Musk’s Tesla Inc., NIO has been on the road rallying global investors for an imminent listing in New York ...