Oil and gas groups spend $500bn a year ‘to stand still’ as fields decline, says IEA
Report marks a shift from energy watchdog that had previously warned of a ‘staggering glut’ of crude
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Trump tilts balance of power from investors to CEOs
President’s call to scrap quarterly reports comes as SEC considers curbing shareholder lawsuits
Aluminium prices driven higher by global supply squeeze
China’s production caps have ‘materially changed the market’ and helped push down stocks in warehouses
Switzerland’s US tech ‘whale’
Conservative central bank has more than $42bn invested in Apple, Microsoft, Amazon, Nvidia and Meta
Can Tokyo tempt finance workers to manage its trillions?
Japan’s capital has its best shot of becoming a global finance hub in decades — if it can attract the people