Kylian Mbappe's move from Nike to On gives the Swiss sportswear company something it cannot easily create through advertising alone: immediate credibility on the world's biggest football stage. But the partnership also exposes the scale of the challenge facing On as it attempts to enter a market...

Warren Buffett's rise from a young investor to the architect of Berkshire Hathaway's transformation was not built around one spectacular stock purchase or a single investment formula. His record developed through a combination of disciplined capital allocation, patience, insurance economics and an...

The growing strategic importance of artificial intelligence is pushing the United States and China toward a form of communication that neither side has yet managed to establish on a lasting basis. During economic talks in New York, US Treasury Secretary Scott Bessent proposed creating a bilateral...

The latest rise in global energy prices is forcing major central banks to reconsider how quickly they can ease monetary policy, with several now preparing for tighter conditions even as economic growth remains vulnerable. The problem is particularly difficult because the inflationary pressure is...

The European Union's suggestion that Canada could eventually become an "associate member" has opened an unusual debate about how closely a non-European country could work with the bloc without becoming a full member. European Commission President Ursula von der Leyen raised the possibility as...

Oil prices and US Treasury yields moving almost in tandem may appear to be a technical development confined to commodity and bond markets, but the connection has much broader consequences. Expensive oil raises the cost of energy for households and businesses, while rising Treasury yields increase...

The latest anxiety over artificial intelligence investment is less about whether the technology will continue advancing and more about whether spending can maintain its extraordinary pace. Years of aggressive investment have created a powerful chain linking AI developers, cloud companies,...

The rapid Houthi advance along Yemen’s Red Sea coast has transformed a long-running conflict into a wider strategic problem for Saudi Arabia and its Gulf neighbours. By gaining positions near the Bab el-Mandeb Strait and threatening an alternative route for Saudi oil exports, the Iran-aligned group...

The sharp fall in artificial intelligence stocks after leading technology executives called for a slower pace of development has exposed a financial vulnerability beneath the industry's extraordinary expansion. The immediate concern is not that artificial intelligence development will suddenly...

Israel’s decision to close the British consulate in East Jerusalem marks a sharp escalation in an already deteriorating relationship with Britain, but the immediate dispute is rooted in a broader change in how several Western governments are approaching Israel’s settlement policy. Britain, France...

The rapid rise of artificial intelligence stocks is forcing investors to reconsider one of Wall Street's most familiar measures of market stress: the 20% decline commonly used to define a bear market. The problem is not that the threshold has suddenly become meaningless. It is that increasingly...