The first outsider to lead the $9tn money manager will take up his role in July

Shinzo Abe’s reform to the Government Pension Investment Fund holds lessons for ageing societies everywhere

Heifty stuff, even in a bull market

Restructuring will forever change the 107-year-old miner as a £34bn takeover battle looms

Company headed for a debt restructuring that will probably wipe out most of its existing equity value