The sage’s punt on Store suggests opportunity in property for careful investors

Despite all the reforms, taxpayers put their hands in their pockets again

Reducing leverage will only take the German carrier so high

Diversifying outside China would help maintain group’s stellar rating

Prophets of disruption to the UK grocery market have been wrong before

Acquisitive Canadian group has too much value sitting under its stores

Buying the Italian racer would be a stretch for the US brand

Turning the indebted and lossmaking carrier round will be tough

Investors likely to regain their appetite

Middle-age approaches

Social media group needs to find other ways to boost growth and margins

The once-vital check on the industry’s health is outliving its usefulness

Another sweetheart deal for the Opportunist of Omaha

Can the best of America and Europe be combined?

The winds buffeting corporate bonds shows that risk is rising

Queues to acquire franchises will remain lengthy

Justifying a $1bn valuation for his tequila brand will require all Clooney’s talents

Investors piled into the sector in 2016, now they are getting burnt

Merger in Paris reflects growing confidence across the channel

Profit warning at subprime lender shows sectoral risks

Commodity traders should question rally in China property sector

The founder’s departure is a reminder that shareholder votes are not everything

SEC should tell the next Evan Spiegel that he cannot have his cake and eat it