It’s been more than a decade since the euro area’s last interest-rate increase, but this year will very likely finally see one again. Banks, lost in a desert of ever weaker interest income, are desperate for the small rewards that a couple of hikes will bring. But there are stark risks that higher borrowing costs and a slowing economy may ...

It’s never safe to ignore China. And it’s still too soon to forget about the pandemic. The country’s rapidly depreciating currency and especially the Covid lockdowns spreading from city to city are raising fears, yet again, of a Chinese shock to global growth. The weakening of the yuan over the last week cannot be ignored. Since Chinese authorities first allowed ...

Until the pandemic hit, companies were becoming more willing to open up about the diversity of their workforce. But even those that embraced transparency went shy on the topic when Covid hit. That suggests they have something to hide when it comes to how they managed staff during the health crisis. A record 173 companies, with a combined market value ...