Used car prices take upward turn as demand outstrips supply

In normal times, car values are a one-way road.  The very act of driving off from the dealership wipes a chunk of cash from a vehicle’s value, beginning an unstoppable…

Indian airline boss prospers in pandemic by pivoting to healthcare

Indian airline tycoon Ajay Singh had little experience in healthcare but last November, as the country was being pummelled by coronavirus, he suddenly branched out into Covid-19 testing and later…

JPMorgan Chase resumes donations but snubs Republicans who contested election

JPMorgan Chase will resume making political donations but not to candidates who voted against certifying Joe Biden’s election victory, after pausing contributions in January following the assault on the US…

The real threat to the empire of English

At the time of writing, I have no clear idea what “gaslighting” means. Nor ‘“benching”, “mirroring”, “sealioning” or — an asset-management boutique? — “grey rock”. “Performative”, I do, but the…

London’s private clubs dig deep after Covid storm

Nine months after Metro Bank seized control of The Conduit’s Mayfair venue over unpaid debt, the private members’ club is finalising renovations on a leased building at the heart of…

Tiger Cubs: How Julian Robertson built a hedge fund dynasty

When the implosion of Archegos Capital blew a hole worth more than $10bn out of a clutch of banks, one line in the biography of founder Bill Hwang stood out:…

Facebook bans Donald Trump for at least two years

Facebook has said Donald Trump will be banned from its network for at least two years, a move likely to inflame tensions with allies of the former US president who…

Hacking American beef: the relentless rise of ransomware

Very little about the slaughter of animals is digital. In the case of cattle, the animals are herded single-file up a ramp at industrial meatpacking plants and within minutes they…

G7 set to strike deal on global corporate taxation

The leading advanced economies are set to strike a common position on taxing multinational companies on Saturday in a bid to end a three-decade race to the bottom in corporate…

Abdulaziz bin Salman, the prince in charge of Saudi Arabia’s oil

Prince Abdulaziz bin Salman of Saudi Arabia spent most of his adult life as energy-minister-in-waiting. But just six days after becoming the first royal to take on the role, the…