Investors pour $6.8bn into US special purpose acquisition companies in first half

$1bn fintech closed round as Facebook took aim at its core business

President told Xi Jinping US would tone down criticism of China’s approach

System has capacity to take out drones, fighter jets and cruise missiles

The system of economic governance established at the 1944 conference is being undermined by rising protectioni…

Commisimpex says it should be paid before fund approves any bailout

Italian island suffers from eurozone’s highest rate of youth economic inactivity

German lender paid €52m in severance to departing senior executives in 14 months

Successful ‘direct listings’ cast doubt over the traditional route of an IPO

Technology could speed up ordering process and tailor offers to customers