It’s been more than two years since Apple Inc issued revenue guidance. The iPhone maker initially blamed the Covid-19 pandemic, and later added chip shortages, for its inability to forecast the future. Yet the move is part of a worrying trend toward decreasing transparency at the world’s largest company. On January 28, 2020, just as lockdown measures were shutting parts ...

What was good for Sri Lanka under British colonial rule 75 years ago may be worth a try again. Or at least that’s what Mark Mobius, the former emerging markets guru at Franklin Templeton Investments, seems to be suggesting. To regain the confidence of investors, the bankrupt Indian Ocean island could consider swapping its central bank with a currency board, ...

  When consumer prices began soaring last year, a trade union representing staff at the European Central Bank (ECB) demanded their wages increase in lockstep with inflation. This grassroots effort to index pay to price increases was ultimately unsuccessful, but it was incendiary stuff coming from the supposed guardians of euro-area price stability. Indexation, after all, can determine who is ...