Masayoshi Son to the rescue. It helps to have the SoftBank Group Corp. founder on your side when Chinese regulators are raining on your IPO party. Lufax, the online wealth manager that’s among the world’s biggest start-ups, has hired five banks to work on a Hong Kong initial public offering of as much as $5 billion, according to IFR. SoftBank’s …

Amid resurgent nationalism and talk of nuclear war, it’s been a rough year for global diplomacy. So a 10-party agreement to protect the waters of the planet’s far north qualifies as a minor miracle. For the next 16 years, commercial fishing will be prohibited in the central Arctic, a Mediterranean-sized patch of icy ocean more than 200 nautical miles from …

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 …