It’s been a study in contrasting leadership. On the one hand, Russian President Vladimir Putin is shown on state television giving orders to stony-faced officials, distant at the far end of a long table. On the other, Ukrainian leader Volodymyr Zelensky, in military fatigues on the streets of Kyiv, talks directly to his citizens (and to the world) impromptu via ...

Presenting the outlines of a proposed stock-market listing of Porsche, executives of parent company Volkswagen AG emphasized how the initial public offering, likely to be one of Europe’s largest ever, “benefits all stakeholders.” However, at Volkswagen, some stakeholders are more important than others. Though the complicated plan has some appeal for VW’s institutional investors, its most eye-catching feature is to ...

  Oil major BP Plc is to exit its shareholding in Russian oil company Rosneft PJSC. It should transfer its troublesome asset to a trust designed to put future dividends, or proceeds from a sale, to good use. The current narrative seems to see only two alternatives for BP to offload its 19.75% shareholding in Rosneft — either find a ...