JD Sports said it would invest up to £3bn to open as many as 1,750 stores worldwide under plans unveiled by its new chief executive. Régis Schultz, who took the helm last year, told investors he wanted to turn the £8.8bn company into a “global…

No one does embarrassment of riches quite like the oil and gas industry. Amid a cost of living crisis, Shell has the opposite problem: the UK-listed energy group made a record annual net profit last year of almost $40bn, double an already banner year in…

The US should follow in China’s footsteps and implement “a ban of cryptocurrencies,” according to billionaire investor Charlie Munger.Writing in an opinion piece for the Wall Street Journal on Wednesday, Mr. Munger said crypto “isn’t a currency,” and likened the crypto market to a casino…

Welcome back to Energy Source. Big Oil is still in the spotlight — and not just because of the deluge of profits the supermajors have announced in recent days. Shell reported profits of almost $39.9bn this morning — the highest in its 115-year history, as…

[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]European Central Bank President Christine Lagarde is due to give a press conference following the bank’s latest monetary policy decision.The ECB on…

Traders calling in sick with Covid-19 in Beijing had depressed trading volumes when China first reopened its economy in December. A recovery in local economic activities — and traders’ health — has boosted local stocks this month. Regulators want to turbocharge that rebound in the local…