Burton G. Malkiel, professor emeritus of economics at Princeton University, speaks at the John C. Bogle Legacy Forum in New York, U.S., on Tuesday, Jan. 31, 2012. Peter Foley | Bloomberg | Getty Images This week, Princeton professor Burton Malkiel has published the updated, 50th anniversary edition of A Random Walk Down Wall Street: the
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The UK and Italy’s groundbreaking partnership with Japan to build a new combat jet could open up export markets in Asia that have historically proved difficult to penetrate, according to the chief executives of two of the industrial groups involved. Alessandro Profumo, chief executive of Italy’s defence champion Leonardo, said the tri-national alliance was significant
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US scientists have achieved energy gain in a fusion reaction for the first time, the country’s energy secretary Jennifer Granholm has confirmed, heralding the breakthrough as evidence that the technology could eventually provide an abundant, zero carbon alternative to fossil fuels. “This is a landmark achievement,” Granholm said at a press conference in Washington on
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A flag outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Wednesday, Feb. 23, 2022. Al Drago | Bloomberg | Getty Images While Washington is consumed with the elections next week, the Securities and Exchange Commission is continuing to consider numerous rulemaking proposals that could significantly increase the reporting and disclosure
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Saudi Arabia’s sovereign wealth fund has committed more than $2bn to new long-term football sponsorship deals this year in a sign of the kingdom’s growing ambitions in the world’s most popular sport. The Public Investment Fund said in its most recent financial statement that it had entered into sponsorship agreements “with multiple football clubs amounting
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5 Belgrave Square, a stucco-fronted mansion complete with pillared portico, is one of London’s most exclusive addresses, overlooking leafy gardens and nestled between grand embassies and other private residences. Once home to Sir Henry “Chips” Channon, a US-born Conservative MP whose diaries published during the 1960s were a source of scandal about British high society,
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On a bus for a “pilgrimage” to the grave of renowned Iranian commander Qassem Soleimani, Hoda overheard others discussing what they would pray for when they reached “the holy site”. Their words made clear to
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