Business and finance

The firm dipped into investor funds for its own corporate purposes

Facebook, Amazon, Apple, Netflix and Google (FAANG) have been the motor of the S&P 500

Though America has more firepower, China can still do it a lot of damage—at a cost to itself

A full-blown trade war would harm more than the two countries’ economies

A cap on sulphur in marine fuel could cost the industry $60bn

Xavier Niel’s style may suit Italy’s anti-establishment mood

The world’s largest commodities trader is resuming payments to Dan Gertler in Congo

Electric bikes and e-scooters are flummoxing regulators while exciting consumers and venture capitalists

Two firms, Boatsetter and Click&Boat, would like most privately owned boats to be shareable

As dubious data-providers emerge, established players start offering analysis, too

Getting a job means getting past the computer

How big a worry is the build-up of households’ debts?

Forget McKinsey. A Gallic intellectual is the key to controlling how companies are perceived

Emmanuel Macron convinces Angela Merkel to sign up for a euro budget. But banking reform will be halting