In autumn 2007, Jorma Ollila, who had stepped down the year before as Nokia’s chief executive officer but was still the chairman, polled 12 top company executives on whether they thought Apple’s new iPhone posed a big threat. Two said no, Ollila recalls in “Against All Odds,” a surprisingly engrossing memoir first published in Finland in 2013 but just …

  What do you do when you’ve been given a death sentence? Do you live your remaining time to the fullest, or do you spend that time taking long-shot chances at a cure? No, this isn’t a column about cancer. It’s a column about businesses whose core industries are doomed. The perennial staple of such discussions is the venerable buggy-whip …

  DUBAI / Reuters Saudi Arabia’s stock market rose sharply on Thursday as banks rallied after the kingdom’s mammoth international bond sale, which could help to unclog liquidity bottlenecks in the economy. Egypt bounced as investors bought into recent dips. The Saudi index gained 2.3 percent in sharply higher turnover as all but one of the banks advanced, with Samba …