How to make a few billion dollars

Out of puff: Second-quarter revenue at Connecticut-based Marlboro-maker Philip Morris International (PMI) rose 7.1% from a year earlier, to $10.1bn – slightly short of analysts’ expectations of $10.3b

Companies in the news and how they were assessed

HOW AI IS SUPERCHARGING THE SECTOR

UK equities are having their time in the sun. The FTSE 100 recently hit an all-time high of 9,000, driven by a broad recovery in equity prices. To put it another way, the rally wasn’t just driven by a

CITY

Growth should re-accelerate at this Iberian fashion giant with a fortress balance sheet