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US nicotine regulation could halve industry profits, says Morgan Stanley
German airline’s downgraded outlook points to wider malaise in industry
FT Alphaville spends 72 hours on Companies House. So you don't have to.
Tech giant gears up for secondary listing, ostensibly in a bid to improve liquidity
Investors urged to avoid loss-makers and seek those groups that make the unicorns’ businesses possible
One troubling aspect of declining yields is falling inflation expectations
Utilities, consumer staples among the S&P’s biggest winners this week
Weak data from China add to worries over geopolitical tension in the Middle East
Subdued volatility, while economic data are worsening, fuels unease on Wall Street
Woes compounded by difficulty of establishing value of underlying investments
Takeover offer for iconic group comes after banks turned sour on debt-laden retailers
Mike Mackenzie’s daily analysis of what’s moving global markets
Businesses are concerned that the law will erode the territory’s autonomy