Punters who wanted to bet against Britain in the run-up to the Brexit vote thought they’d found the perfect target in Berkeley Group Holdings Plc, a London-focused homebuilder partly reliant on inflows of foreign capital to purchase it’s very expensive homes. Throw in a government decision to increase property transaction taxes and penalize purchases of buy-to-let homes, and you had ...

Tax debates make for strange bedfellows. During the long, slow recovery from the Great Recession, Americans became accustomed to a familiar economic debate — Keynesians, usually aligned with the Democratic Party, would call for more government spending in order to stimulate the economy, while Republicans would call for cuts in outlays. Eventually, a compromise was reached, though dangerous theatrics were ...

Patrick Drahi, the telecoms billionaire whose debt-fuelled expansion spree is running out of steam, is finding it hard to break free of a downward markets spiral. A full-blown bear attack is still ongoing after last month’s profit warning from Altice SA, the Drahi holding company. Hedge funds have piled up negative bets on a stock that’s fallen 56 percent since ...