Bloomberg Luxembourg could soon be a home for bankers escaping Brexit. As the Grand Duchy prepares to welcome financiers relocating from the UK, a lack of housing has pushed the price of relatively modest family homes beyond the 1 million-euro mark ($1.2 million). That’s led to edgier areas being developed to keep up with demand, according to real estate brokers ...

It shouldn’t be a problem that incoming National Economic Adviser Larry Kudlow isn’t a trained economist possessing an advanced degree. It isn’t even necessarily disqualifying that he’s known as a famously bad pundit on financial matters. Neither shortcoming makes it impossible for him to do an excellent job leading the National Economic Council (NEC). But another skill is absolutely central ...

Li Ka-shing’s retirement from the empire he built over 68 years marks the end of an era for Hong Kong’s dominant billionaires and, in important ways, for the territory itself. A wartime refugee who started with nothing when the then-British colony was relatively poor and struggling, Li rose with other tycoons of his time as the city developed economically under ...