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Musk’s ‘tweet’ needed an edit button

Oops. Looks like Elon Musk isn’t joining Twitter Inc’s board after all. Less than a week after Chief Executive Officer Parag Agrawal excitedly tweeted that the world’s richest man would get a seat, he’s now been forced to backpedal after saying Musk declined the offer. Musk was supposed to take up his post, Agrawal wrote in a memo subsequently posted ...

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Jamie Dimon’s British startup is a global story

  Chase UK has many finance folk scratching their heads. Britain doesn’t need another online-only bank. It already has a host of scrappy upstarts making little headway against a handful of dominant traditional lenders. So why is JPMorgan Chase & Co spending time and money pursuing UK customers? If it wins a couple of percentage points of market share, the ...

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Should ECB normalise its monetary policy?

  The central bank needs some new tools to navigate the unique challenges that are likely to confront the euro-zone economy. The war in Ukraine has left Europe facing both greater supply chain disruptions and higher prices for raw material, problems exacerbated by the region’s dependency on Russia energy. Against this backdrop, the European Central Bank (ECB) must find a ...

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