The buyout industry’s controversial shopping trip in the UK has probably only just begun. Agreeable boards, short-termist stock market investors and a testy antitrust regime are tilting the playing field. Around half of UK takeovers of more than $1 billion have been private equity-led over the last year. The offer for Wm Morrison Supermarkets Plc, worth $13 billion including assumed ...

When we envision our future, we often think in terms of technology, culture and geopolitics. All of that determines both our lifestyle and the kinds of cities we build. US cities have arrived at a crossroads. Explosive growth in the South and Southwest, heightened awareness of inequality, an aging population and technology that redefines transportation and buildings are changing priorities ...

Australia has taken a small step towards dismantling part of the stimulus it unleashed to fight Covid-19. This is no rush for the exit by the Reserve Bank, once the envy of the world for presiding over a three-decade run without a recession. Interest rate increases are years away. As financial markets and the global economy cratered last year, the ...