MoneyWeek

“Scams are running rampant in the cryptocurrency markets as a huge rally in bitcoin, a lack of regulation and the anonymity of digital money have created a ripe environment for fraudsters,” warns Alexander Osipovich in The Wall Street Journal. US con

“Carpe diem” seems to be the post-Covid-19 motto of the world’s super rich, Sam Tucker, head of superyachts at VesselsValue, tells The Daily Telegraph. According to the consultancy’s data, sales of superyachts (those which are 24 metres and longer) a

Superhero series Jupiter’s Legacy (pictured), part of an effort by Netflix to create a Marvel-style cinematic universe based on comics created by Scottish writer Mark Millar, has been all but cancelled, despite the eight episodes costing a reported $

Brent crude was trading north of $71 a barrel this week, its highest level since May 2019. The latest leg of the rally was due to Opec+, a group of major producers led by Saudi Arabia and Russia. The group has been collectively withholding millions o

“Over the past decade... the S&P 500... has outperformed real US GDP… Stock prices can’t indefinitely grow faster than the economy... [some] growth is [due] to non-public companies, such as start-ups and the like... economic growth that nonpublic com

Global food prices are rising at their fastest pace in a decade. The UN Food and Agriculture Organisation (FAO) says that prices jumped by almost 40% in May compared to a year before. Its index tracks a basket of soft commodities including sugar, dai

It’s a fresh start for Danone, the food giant behind Activia yoghurt and Evian water, says Hubert Couëdic in Le Revenu. Danone is the world’s leading supplier of fresh dairy and plant-based products and the world number two in infant nutrition. This

This business-services firm keeps companies ahead of red tape, working with clients across areas such as fire safety, air hygiene and compliance software. The potential market for these services is thought to be worth £6.8bn in the UK alone, with esp

US doughnut brand Krispy Kreme first floated in 2000. It was taken private in 2016 by a fund owned by investment group JAB Holding Company. Now it is set to return to the stockmarket, listing on the Nasdaq later this month with the ticker symbol DNUT

• Etsy has decided to buy Depop, the British secondhand clothing marketplace, in a $1.6bn deal, says Ashley Armstrong in The Times. Depop has benefited from “booming growth with Generation Z shoppers” as young customers increasingly turn to secondhan

Normally, the first week of June would see the summer blockbuster season in full swing, says Lex in the Financial Times. This year however, “the blockbuster is the cinema”. AMC Entertainment Holdings has become the latest “meme stock” – a stock that

Investors have turned their noses up at Thungela Resources, the London-and-Johannesburg-listed South African coal business spun out of Anglo American. Its shares slumped from 150p to 113p on its first day of trading in London on Monday, says Neil Hum

Benjamin Netanyahu, Israel’s longest-serving prime minister, could be unseated on Sunday, after lawmakers hold a vote of confidence in a new coalition government, says Patrick Kingsley in The New York Times. The vote is expected to dethrone Netanyahu

In a conflict that would not have seemed out of place in Eighties sitcom Yes, Prime Minister, Boris Johnson is battling to avoid a “sausage trade war” with Brussels, says Jon Craig on Sky News. The spat could see chilled meats barred from shops in No

Voters in the German state of Saxony-Anhalt defied the polls and threw their support behind the ruling CDU on Sunday in the last regional ballot before national elections, says Melissa Eddy in The New York Times. It could be asign of which way things

At the time of writing, the ongoing trade negotiations between the UK and Australia seemed to have reached a critical point. Boris Johnson is supportive in principle, but Australia was threatening to walk away from talks unless granted greater access

Lip fillers and Botox have been all the rage over the past few years, and efforts to regulate the sector have been swamped by the demand, says Arthi Nachiappan in The Times. As a result these treatments can be injected by “literally anybody”, accordi

Last week the American cinema chain AMC started offering a free box of popcorn to anyone who owned its shares. Soon afterwards, armies of small investors, the same crowd that drove the valuation of GameStop through the roof at the start of the year,

• Around 60% of shareholders in events group Informa voted to reject the pay report last week, says the Financial Times. Under the new scheme, the chief executive, Stephen Carter, who was paid almost £1.5m last year, would be in line for stock worth

Last year was a bumper one for executive pay in the biggest US companies despite Covid-19, say Theo Francis and Inti Pacheco in The Wall Street Journal. Median pay reached $13.4m for the CEOs of America’s benchmark S&P 500 index in 2020, setting a fi

Investing involves making assumptions about the future. That’s unavoidable. We’re not talking here about trying to time the market in the short-term. We’re talking about the long-term decisions you make about how much to invest and what assets to inv

The ongoing charges figure (OCF) shows the annual running cost of a given fund, expressed as a percentage; or, as the Association of Investment Companies puts it: “It is the annual percentage reduction in shareholder returns as a result of recurring

The sale of a plate of laboratory-grown chicken nuggets in a Singapore restaurant last December may have been the start of an “industrial, social and cultural revolution”, says Anthony Browne. Globally, more than 30 start-ups are working on laborator

In his 1996 book, The Death of Inflation: Surviving and Thriving in the Zero Era, economist Roger Bootle argued – rightly as it turned out – that we were at the dawn of a new era of low inflation and low interest rates. Now that era is over, and we’r

“It’s not like modelling where you can wing it and charm people and dazzle them with your looks, you’ve got to do the work. There are OK actors, there are good actors, then there are amazing actors. I want to be up there. I don’t want to be good or O

conservativehome.com Unless you live in an area already blighted by them, the chances are you haven’t heard of LTNs, says Charlotte Gill. “Low Traffic Neighbourhoods” are a wheeze of local councils designed to ban traffic from certain areas. That

bloomberg.com/opinion We usually respond to “big unforeseen shocks” in one of two ways, says Allison Schrager. We recoil from risk-taking, as in the aftermath of the Great Depression, “leading to the creation of the modern welfare state and a gene

When Queen Victoria told her prime minister, Lord Salisbury, that the people were crying out for change, he is reputed to have replied: “Change, your majesty? Aren’t things bad enough already?” Change is not always for the better, so when directors o

fee.org Smuggling – illegally transporting goods into or out of a jurisdiction – “has a certain stigma attached to it”, says Lawrence Reed. Most people think that if something is against the law then there must be a good reason for it. But this is

If Matt Hancock doesn’t stop you going on holiday this summer then the cost of Covid-19 tests just might. A negative PCR test (the type that must be sent to a laboratory for analysis) is required for entry into many countries and on return to the UK,

• NatWest, Lloyds, HSBC, Barclays, Metro Bank and Santander have all told the Treasury Select Committee that small businesses will now find it much easier to open business bank accounts with them after an extended period of turning away applications.

Amazon has launched a £2.5m fund to support small businesses trading on its platform as they seek to take on apprenticeships. The funding will enable such businesses to take advantage of the government’s Apprenticeship Levy scheme. Amazon estimates t

Global small-cap stocks often fail to gain the attention they perhaps deserve. Their appeal is frequently either underappreciated or overlooked, especially when the dominant narrative and newsflow routinely revolves around the attractions of Big Tech

Tremor International (Aim: TRMR) is an Israeli advertising company focusing on digital video and connected television (streaming video services via smart TVs and standalone apps). Tremor is “a rare breed that’s making huge amounts of free cash flow”,

Napster Group (Aim: NAPS) is a music streaming and virtual-reality (VR) entertainment company. Formerly called Melody VR, the company bought the Napster streaming platform – once synonymous with peer-to-peer music filesharing – for $70m in December 2

Dr Frederick Albert Cook was born in Hortonville, New York, in 1865. He studied at Columbia and graduated from New York Medical School in 1890, and went on to serve as a ship’s doctor on various polar expeditions. Roald Amundsen credited Cook with sa

£15, xistowines.co.uk, 07980-616927. Xisto Wines is run by Anton Mann and Lela McTernan and they import wines from Portugal under sail. Working with a new wave of young winemakers, they source sustainable, limited-release, high-quality wines bursti

Editor-in-chief: Merryn Somerset Webb Executiveeditor:John Stepek Editor:Andrew Van Sickle Marketseditor:Alexander Rankine Commenteditor:Stuart Watkins Politicseditor:Emily Hohler Digitaleditor:Ben Judge Webwriter: Saloni Sardana Wealtheditor

Behavioural psychology has established that humans are “bad at decision making”, says Martha Gill in the Evening Standard. Our minds are subject to all kinds of cognitive biases that lead us into error. In this book, the authors show that  “noise” is

• “How much, in terms of hard cash, do you love your pet?” asks Tom Utley in the Daily Mail. “It’s a brutal question… and most of us would answer… it’s impossible to p ta price on love – even when the object of our affection happens to be a dumb anim

£5.5bn The bill to deliver 589 new Ajax light tanks for the British Army. The project, however, is facing “major issues” and may be “unachievable”, aleaked government report conceded last week. Soldiers have become ill after testing them. £41,000 Th