Bloomberg Dalton Capital Japan, a subsidiary of Dalton Strategic Partnership LLP, said it will shut its Tokyo office, citing Brexit and shrinking demand from European investors. “As we expect the business environment to toughen due to Brexit and given dwindling appetite in Japanese equities from European investors, operations will be consolidated with Dalton Strategic Partnership in London,” the asset manager ...

Richard Stengel, a former Time editor who became the State Department’s undersecretary for public diplomacy, writes that he was once an information “idealist.” He believed that in the marketplace of ideas, the truth would ultimately prevail. Not anymore. “I think we all now know that this is a pipe dream,” writes Stengel in a disturbing memoir of his three years ...

If the UK parliament can’t clean up the Brexit mess, it might be time for Europe to start spending instead. The economic impact of a worst-case no-deal Brexit on the rest of the European Union is estimated to amount to $250 billion by 2030, according to the International Monetary Fund (IMF). Back in 2017, Ireland suggested that was a good ...