India’s biggest-ever initial public offering can’t be chalked up solely to the zeitgeist. Like most markets, irrational exuberance and easy money will no doubt play a part in Paytm’s upcoming $2.2 billion share sale. But above all, investors will be placing bets on what a 12-year-old, unprofitable fintech firm backed by SoftBank Group Corp and Ant Group Co could yet ...

How is Donald Trump, six months out of office, able to wield so much influence within the Republican Party? A man who was solidly defeated for re-election; who was unpopular throughout his four years in office and ended those years at a low point; who subsequently, in his second impeachment trial, was condemned by numerous senators from his own party; ...

Bloomberg Ryanair Holdings Plc intends to pump more capacity into European markets in the coming months, keeping ticket prices low so it can overpower weaker rivals as travel rebounds in Europe. The region’s biggest low-cost carrier said that it expects to post a profit this quarter, even as it prioritises filling planes until demand fully rebounds. The summer high season ...