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“The world of finance hails the wheel over and over again, often in a slightly more unstable version.” Wise words from the late economist John Kenneth Galbraith, but is there any alternative to this wheel of finance? 

The controlling shareholder of one of the largest real estate companies in Hong Kong, Sun Hung Kai Properties, has handed a significant chunk of shares to two of her three sons, even though they are awaiting trial for bribery of an official.

The controlling shareholder of one of the largest real estate companies in Hong Kong, Sun Hung Kai Properties, has handed a significant chunk of shares to two of her three sons, even though they are awaiting trial for bribery of an official.

Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery.

Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery. 

Lapo Elkann, a next-gen of the Agnelli family, has said he is considering opening a foundation for victims of sexual abuse, having revealed to Italian media he was himself abused as a teenager at boarding school.

Lapo Elkann, a next-gen of the Agnelli family, has said he is considering opening a foundation for victims of sexual abuse, having revealed to Italian media he was himself abused as a teenager at boarding school.

So, farewell then, Nokia. Well, not quite. But the absorption of the Finnish mobile phone giant by Microsoft was a big moment in the story of its decline. It is probably a matter of time before the name is history.

So, farewell then, Nokia. Well, not quite. But the absorption of the Finnish mobile phone giant by Microsoft was a big moment in the story of its decline. It is probably a matter of time before the name is history. 

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