Firms’ required returns to capital and the missing investment puzzle
Despite falling interest rates over the past decades, investment rates have not increased as standard economic theory would suggest. This column constructs a global database
Why the digital euro might be dead on arrival
The ECB has highlighted its commitment to developing a digital euro and has explicitly stated that the digital currency will adhere to three principles: preserve
Finance firms’ return-to-office crackdown could backfire – study
Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Deloitte. Of 700 financial
US reports big interest in $52 billion semiconductor chips funding
The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed interested in winning government semiconductor subsidy funding in a bid to
Spain roasts as summer’s third heatwave peaks
Spain’s third heatwave of the summer was set to reach its peak on Wednesday, with temperatures hitting up to 44 degrees Celsius (111 degrees Fahrenheit)
Cathay Pacific posts best H1 profit since 2010, to repay government aid package
Cathay Pacific Airways reported on Wednesday its best first-half profit in more than a decade and announced plans to order more planes and repay a Hong
Sony quarterly profit tumbles as movie business disappoints
Japan’s Sony logged a hefty drop in first-quarter profit, hurt in part by a weaker performance from its movie division but the entertainment giant remained hopeful
Honda posts 78% rise in Q1 profit on U.S. sales jump
Japan’s Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen.
Roblox misses quarterly bookings estimates on lower spending, shares tumble
Online gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares
Rebuilding education systems after COVID-19: How the pandemic has impacted schooling and learning
Progress towards SDG 4, which aims to provide high-quality education and lifelong learning opportunities for all children, was severely disrupted by COVID-19. Even prior to
