China may be the only major economy to notch growth at all in 2020, quite the reversal after the onset of Covid-19 triggered a historic collapse early in the year. This revival has been reflected in the yuan, Asia’s best performing currency this quarter. There’s good reason to think it isn’t a fluke. Bloomberg Economics projects China’s gross domestic product ...

Unibail-Rodamco-Westfield has a history of shrugging off crises. A decade ago, Europe’s No. 1 operator of top-tier shopping malls and offices doled out cash to shareholders even as banks collapsed and austerity ruled. The rise of online shopping only pushed it further to keep buying trophies like Westfield. That halo of invincibility has well and truly slipped after Covid-19. The ...

Boris Johnson is right back where he was six months ago: faced with a choice of how far to clamp down on freedoms in order to suppress the coronavirus’s transmission. Only then the strategy was simple. Britain’s lockdown was to protect the capacity of the National Health Service (NHS) in order to save lives. This time, the goal is more ...