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Britt Lintner is on the move. She’s riding a bike into the City where her asset management team are back five days a week, then leaving to collect her kids from school — more bikes. She’ll be back online from home for video calls later, and she needs an outfit to cope with that. “My

An Istanbul court sentenced the head of Turkey’s largest physicians’ union to nearly three years in prison on terrorism-related charges in a case rights defenders denounced as an effort to gag the government’s critics. Judges in Istanbul found Şebnem Korur Fincancı, a medical doctor and prominent human rights activist, guilty of propagandising for a terrorist

Inflation is finally cooling. But the ghost of sky-high inflation continues to haunt fund managers. The genuine possibility that the peak in global inflation may be behind us started to emerge in the US last month, when data showed the annual rate dropped to 7.1 per cent in November, a decent fall from 7.7 per

Space is the one area of business where even the sky isn’t the limit. An oft-quoted estimate reckons the industry could reach $1.1tn in annual revenue by 2040. But costs and risks are hefty too, as the failure of Virgin Orbit’s UK satellite launch underlined. Such flops are hardly uncommon. SpaceX, Elon Musk’s space exploration

Digital currencies will have a “very important place” in finance, according to veteran banker Bob Diamond, even as last year’s market carnage thwarted his plan to take stablecoin group Circle public. The former Barclays chief executive told the Financial Times that “there’s going to be a lot of good things” that survive last year’s crypto

Soaring prices, the energy crisis, higher interest rates and war in Ukraine. Given those circumstances, European markets did well to only decline by one-tenth last year, as measured by the Stoxx 600 Europe equity index. This could be one reason investors are dangerously complacent about the outlook for profits as costs continue to rise and

Messages from the archive of Rutherford Hall, critical communications strategist From Rutherford@Monkwellstrategy.com To Martink@volponebank.com And a happy new year to you too, Martin. Should you go to the World Economic Forum? There are only five reasons to go to Davos. One, because you are looking for a new job. Two, you are looking for new

Singapore could become the first dengue-free country in the tropics, according to Alphabet’s life sciences unit Verily — if the government decides to use its technology across the city state to tackle the mosquito-borne disease. Dengue claims 300mn victims each year, with 90mn serious cases and tens of thousands of deaths, the majority being children.

As the 86 per cent slide in Petrofac’s share price between 2018 and 2022 indicates, there have been more sellers than buyers in its shares in recent years. There are well-documented reasons for this. In October 2021, the Serious Fraud Office secured convictions against the energy services company for seven counts of bribery. Petrofac admitted

Shares in several of Brazil’s large state-controlled companies, including Petrobras and Banco do Brasil, have endured a week of swings as investors worry that the new administration of Luiz Inácio Lula da Silva will take a more interventionist approach. Petrobras, Latin America’s largest energy group, at one point plunged more than 10 per cent on

Wolves still howl at night in parts of Europe. Sarah Marshall-Pescini listens to them from her house in rural Emilia-Romagna, Italy. “I love hearing them,” she says, “It is one of the most beautiful sounds on the planet. But it puts me on alert.” She adds: “Wolves are top predators and can be very dangerous.”

The muscular, no-frills modernism of The Heavy Hitters sextet celebrates the tight themes, strong solos and joyous beats of the Jazz Messengers tradition. Put together by saxophonist Eric Alexander and pianist Mike LeDonne, the band’s debut release delivers an all-original set that gives traditional virtues a contemporary twist. Trumpeter Jeremy Pelt and alto saxophonist Vincent

Christmas presents can end up at the bottom of the closet. But this year, Europe got a gift that will really make a difference. The extraordinarily mild winter in most of the continent means it starts 2023 with falling gas prices and full storage. This was always meant to be the crunch year for supply. The

Amazon has raised the number of employees it plans to eliminate from its corporate workforce to “just over 18,000”, chief executive Andy Jassy said, as the company looks to rein in costs. In a blog post published on Wednesday, Jassy said the majority of cuts would hit the company’s Stores unit — which includes its

UK discount retailer Wilko has secured fresh funding and replaced the granddaughter of the company’s founder as chair as it moves to protect its future after a turbulent period. The asset-backed £40mn credit facility will be provided by Hilco, the special situations investor that also owns DIY retailer Homebase and crockery manufacturer Denby. The terms

The writer is a senior adviser at the US National Institutes of Health The lifesaving work of the biomedical science community is caught in an unsettling — and unintended — crossfire over global data sharing. Last year, Joe Biden and Ursula von der Leyen committed to a transatlantic framework to restore commercial data flows, which

Lee Buchheit is a professor of law (Hon.) at the University of Edinburgh. A modern sovereign debt restructuring can be expected to unfold more or less as follows: • The debtor country approaches the IMF for a program. • The Fund staff prepares a Debt Sustainability Analysis (DSA). • If the DSA pronounces the country’s

A low-key US military delegation arrived in Taiwan last month to assess its army, navy and air force and explore what the country’s armed services could gain from closer co-operation with Washington. The visit’s aims were the same as Taipei’s high-profile announcement last week that it was lengthening conscription: to strengthen Taiwan’s defences enough to

Tel Aviv, Israel Born in what is now Lviv and trained at the Bauhaus in Weimar, Pinchas Hütt, aka Philip Hutt, became one of the great Modernist architects of Tel Aviv. Among his masterpieces are two houses on Rothschild Boulevard: the Yitzhaki House at nos 89-91 and no 48, which is poised to open as

China is increasing monitoring of Covid-19 variants as an unprecedented wave of coronavirus rips through its population, raising alarm around the world and triggering new restrictions on travellers from the country. In recent days, Chinese researchers and officials have begun uploading genome sequence data from hundreds of coronavirus samples to Gisaid, a global online database