The first stage of the war in Ukraine didn’t go according to Vladimir Putin’s plan, but it is the next four weeks that could determine how the map of Europe is changed as a result of his invasion. The incremental sanctions tightening we’ve seen in recent days will make little difference to that battle. It will also require a major ...

The much-awaited debut of GoTo, the combination of ride-hailing app Gojek and e-commerce firm PT Tokopedia, offers investors a stark choice. Base your bet on near-term metrics like valuation and growth, or take a longer view of Indonesia’s growing middle class and digital economy. On the numbers alone, GoTo’s initial public offering looks expensive. Subtract the estimated $4 billion cash ...

  The pandemic shocks to the UK are showing up in all manner of ways. But one of the hardest to resolve will be the red-hot residential rental market. With more than 28 applicants circling each property available for rent — an all-time high according to Propertymark, the membership body for property agents — this is a dysfunctional marketplace. Estate ...