So what mattered for Berkshire over the period, according to Finley’s work, was exposure to the low beta, value and (in a negative sense) size. However, simple market exposure was the most important.

Vladimir Putin has finally declared that he will not meet Volodymyr Zelenskyy for bilateral peace talks that he himself proposed. Our Moscow and Kyiv correspondents explain the potential fallout. And ...

The rule requires big banks to have a preset amount of high-quality capital against their total leverage, which includes assets such as loans and off-balance sheet exposures such as derivatives. It ...

High-end multipurpose stadiums, smaller format games, and the rise of fantasy football all point to a profit imperative. And ...

Developers are widening their amenities remit to include recording spaces aimed at the ‘content creator’ generation ...

Trump headed to Doha on Wednesday to be feted by a monarchy that Netanyahu accused less than a fortnight ago of “playing both ...

Inditex put cash into subsidiary before sale for ‘not significant’ sum to company now selling near-identical products ...

As investors were still processing the future of the world’s most valuable financial company without its 94-year-old ...

Veteran mining entrepreneur Robert Friedland said modern warfare and growing demand for weaponry had “dramatically” altered ...

Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help ...

In that case, Pope Francis’s successor, Leo XIV, will no doubt be ready to take up the call for widespread debt relief. But ...

Jarosław Kaczyński, founder of Poland’s rightwing Law and Justice (PiS) party, once joked that he would “roll the dice” when ...