Prime Minister Theresa May’s failed attempt last week– her third – to get her Withdrawal Agreement through Parliament pushed sterling to its lowest level for three weeks. But take a step back and the currency is not only still stuck in the same narrow range it has occupied for nearly three years, it has barely budged for the last 12 ...

The European Union (EU) is close to outlawing some single-use plastic products, such as cutlery, straws, coffee stirrers and cotton swab sticks – but the measures are too narrow and too lenient towards producers to have a meaningful benefit for the environment. The EU, as one of the biggest producers and the biggest exporter of plastic waste, should do better ...

For bond investors, there’s something inherently offensive about negative-yielding debt, even though it’s nothing new by now. Conceptually, buying a security that effectively guarantees a loss if held to maturity goes against the core purpose of fixed-income investing — preserving principal and earning steady interest payments that exceed the inflation rate. Across the globe, the amount of debt with negative ...