Some things just don’t last long. On January 19, consumer goods giant Unilever Plc walked away from a deal that came to light just over the weekend. It declined to increase its 50 billion-pound ($68.2 billion) proposal to buy GlaxoSmithKline’s Plc’s consumer health arm. Citing financial discipline is an elegant way for Chief Executive Officer Alan Jope to extract himself ...

  Back in March, an investment fund called Archegos Capital Management collapsed after building up vast derivatives bets on several stocks, precipitating billions of dollars in losses for its lenders. The incident raised a troubling question about the country’s financial early-warning system: How could regulators have remained unaware of such a large concentration of risk until it was too late? ...

The walls are closing in on Boris Johnson. The UK prime minister’s defiant posture in the House of Commons rallied loyalists but failed to placate new and old enemies within his party, who are calling on him to quit over lockdown-defying gatherings held at 10 Downing Street during the pandemic. Conservative members of Parliament can trigger a leadership contest with ...