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Deliveroo’s banker boss takes a $4bn Uber ride

Will Shu, Deliveroo’s chief executive, is a former investment banker. So he probably knows how to cook up deal interest in a food delivery company whose riders have become a feature of British city streets. Indeed, back in September, scoops from Bloomberg News and the Daily Telegraph indicated that both Uber Technologies Inc. and Amazon.com Inc. had held early acquisition ...

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Emerging markets will step out of Fed’s shadow

Gloom is dissipating for emerging markets, and they can thank American influence. There’s a lesson there, and a payoff. With the Federal Reserve approaching a pause in its interest-rate increases, pressure on nations like Indonesia will lighten significantly. No longer will they have to hike interest rates to buttress local currencies; they may conceivably get scope to cut. That’s a ...

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Brexit’s Plan B has a fatal flaw

When European Union (EU) leaders met in Brussels on Sunday to finalise the Brexit divorce agreement, they made one thing clear: There is no Plan B. But some Conservative lawmakers, skeptical the deal will get through parliament, are working hard on, yes, Plan B. Their basic idea – the Norway option – isn’t new. Sometimes that rumpled piece of paper ...

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