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 ...

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

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 ...

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

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

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

José Mujica was often bemused by the label of “world’s poorest president”. The Uruguayan former guerrilla fighter drew global ...

Uefa’s rejig of its flagship tournament has boosted fan engagement and revenues ahead of competition from Fifa’s expanded ...

Two of FTI Consulting’s top economics experts in Europe have left to join an upstart rival, expanding the front line in a ...