Trade deals, like peace agreements, aren’t worth the paper they’re printed on without good faith vested in their implementation. Just weeks after the Brexit trade agreement entered into force, intentions over the part of the deal that applies to Northern Ireland have been called into question by both the UK and the European Union. Once again, the relationship between the ...

The world’s largest carmaker doesn’t have a chip-shortage problem. In contrast to the rest of the auto industry, Japan’s Toyota Motor Corp said it wasn’t expecting a shortfall of semiconductors to affect its production. In the company’s earnings call, Chief Financial Officer Kenta Kon said that as part of its business continuity plans, Toyota — which makes more than 10 ...

Neil Woodford, the storied UK fund manager who spectacularly crashed 16 months ago, is planning a comeback. If he’s successful in persuading investors to make him the steward of their money once again, it will defy economic Darwinism. Woodford was forced to close his eponymous firm in October 2019 after the administrators of his flagship fund dismissed him as its ...