A sudden surge in share prices makes us all think we know what’s coming next

Sergio Ermotti tells FT it would take a ‘very profound and painful crisis’ to pressure politicians to take action

American companies fear an update to Brussels’ ‘Product Liability Directive’ will make it easier for consumers to sue

Officials discussed resources investments as Washington tries to break China’s control of critical minerals production

The real key, though, is Coke’s business model. The company is an asset-light, global moneymaking machine, expert in selling concentrates and syrup mixtures to its bottling partners, marketing, and optimizing its products and pricing.

The University of Michigan’s consumer-sentiment index fell to 48.2 in May, from 49.8 in April

World’s biggest carmaker sells record 10.5mn vehicles last year on strong demand for hybrids

Investors question the company’s recovery plan and decision to halt quarterly payout

Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors

“Mexico will be trying to bifurcate the issues of trade and drug trafficking,” says Henry Ziemer, an associate fellow at the Center for Strategic and International Studies’ Americas Program. “The U.S. wants to bundle them together.”