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Capitalia chief fends off board showdown
Capitalia’s chief executive pulled off a stunning revival in his fortunes, averting a board vote to oust him by clearing the air in a last-minute meeting with the Italian bank’s chairman.
Royal turns to the old left’s ‘elephants’
Campaign reshuffle after drop in French polls
Permira accepts need to be more open
Move to quell trade union complaints
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Axa urges ‘adult’ approach to outsourcing
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Axa/Allianz results
Ever since Babylonian sailing merchants sought to protect the value of their cargo, the mitigation of risk has been the lifeblood of insurers.
Comment
Hong Kongers should be given the vote now

A politically tin-eared government presides over a citizenry that displays a steadily growing political consciousness, writes Guy de Jonquières.