The writer is professor of finance at the University of Lugano and senior chair at the Swiss Finance InstituteFrom the legalisation of marijuana to the rise of working from home, if there is a trend or theme in markets, there will be an exchange traded…

Australia will remove the British monarch from its banknotes after it opted to use an indigenous design for its A$5 note rather than an illustration of King Charles.British royals have appeared on the country’s currency dating to the days of the Australian pound, but the…

It turns out the UK still wants to be a “global crypto hub”, which feels a bit like volunteering as the landing zone for the fiery wreckage of a plane crash.Cryptocoins, crypto hype and the crypto bros went down in flames last year. About $2.2tn…

A controversial Alaska oil project has edged a step closer to approval after the Biden administration indicated support for a slimmed down version of the drilling venture, sparking the ire of environmental groups.The Bureau of Land Management released a final environmental study for the $8bn…

Nearly 40 individuals and entities declared as being under sanctions, including three Russian tycoons, hold British property through offshore vehicles, according to an analysis of an official ownership register.The British government launched the register in August 2022 in an effort to tackle the flow of…

Investors expect certain “sacred rights” when they lend money to a company: they agree on when they will get paid, for example, and how much.To change any “sacred” parts of the contract, all affected investors have to approve, while other parts can be changed with…