The World Economic Forum (WEF) has named the "increasing polarisation of societies" as one of the largest risks to the global economy, admitting that a "fundamental reform" to market capitalism may be needed to tackle the global surge in populism, blamed for last year's Brexit vote and the victory of Donald Trump in the US presidential election.
In its annual Global Risks Report, released today, the forum also named rising income and wealth disparity, changing climate, rising cyber dependency and an ageing population as key trends that will shape...
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Historic levels of M&A
Brent Crude fell 0.8% to $53.51 a barrel
Largest firms applying fee caps
Revised from 0.3% to 0.2%