Unlike some of his peers, UniCredit SpA Chief Executive Officer Jean Pierre Mustier can’t be faulted for wavering. In his three years on the job, he has sold assets and cut costs to put Italy’s largest bank on a more solid footing. He now faces a much harder task: finding growth. While the headline first-quarter results the lender were the ...

The UK has been a leader in the fight against climate change, reducing its carbon dioxide emissions by more than 40 percent from 1990 levels. Now the government’s Committee on Climate Change wants to set a far higher goal: net-zero greenhouse-gas emissions by 2050. Although short of what climate activists in London have lately been demanding, this target is still ...

Hong Kong’s stock exchange is poised to lose its crown as the world’s leading IPO fundraising venue again, and this time there may be no easy way back. The bourse trails in third place behind the Nasdaq and New York exchanges so far this year, having topped the global rankings in three out of four years between 2015 and 2018. ...