There’s a UK mega-deal just waiting to happen. The difficult question for investors is how long that wait will be. The consumer-healthcare business of GSK Plc will be a takeover target when it’s spun out of the drugmaker in July. Haleon, as the manufacturer of Sensodyne toothpaste and Panadol painkillers is called, attracted a failed £50 billion ($62 billion) offer ...

To look at the way richer countries are spending money on the energy transition, you might think we’re within reach of bringing climate change under control. Investment in clean energy has only accelerated in the years since Covid-19 struck. In the second half of the last decade, it grew at a 2% annual rate. Since 2020, that’s risen to 12% ...

  “Turtles all the way down” is a handy phrase for describing how the human mind creatively fills in holes of logic. It allegedly springs from one person’s attempt to justify to the philosopher Bertrand Russell her belief that the world was floating on a giant turtle by imagining another turtle underneath it, and then another, to infinity. The image ...