The atrocities that Russian troops have committed in Ukraine raise two questions about Russians at home: Do they know their military is doing these things? And if they do, are they OK with it? The answers are almost certainly “Yes” and “They’re working on it.” The degree of civilians’ ignorance may not matter much for Russia’s redemption, should that ever ...

LVMH Moet Hennessy Louis Vuitton SE has kicked off the luxury reporting season in style. The company said that its fashion and leather goods division recorded a 30% increase in sales excluding currency movements and mergers and acquisitions in the three months to March 31. Analysts had expected a 23% gain. Although the shares had fallen 13% between the start ...

  For New Zealand, having the most hawkish central bank in Asia doesn’t go far enough. Officials are intensifying their battle against inflation, even as confidence ebbs and the vital housing industry teeters. Is the country racing toward a recession? The Reserve Bank of New Zealand (RBNZ) raised its benchmark interest rate by a half a percentage point to 1.5%, ...