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The ECB chief might fantasise about taking big decisions with a one-vote margin, as the Bank of Japan leader just did. But realpolitik requires a goodly majority. The euro zone’s inevitable compromises complicate Draghi’s fight against stubbornly low inflation.

Review: No bets on Berkshire after Warren Buffett

Lawrence Cunningham’s “Berkshire Beyond Buffett” argues the Oracle of Omaha has built a corporate culture that will ensure success after his departure. The book does a good job of cataloging Buffett’s portfolio. But it doesn't make a strong enough case for investors to follow.

Hong Kong protests lay minefield for business

The democracy debate is dividing the city. For companies, keeping quiet is less risky than expressing an opinion that could irk customers, staff, or Beijing. It’s even harder for employees who must tread the blurry line between free speech and representing corporate interests.

China index: Home truths upset economy

Our alternative growth index hit its lowest levels since April 2009 last month. Housing investment is leading the downturn with the slowest pace of growth in over two years. In the past, more bank lending was seen as the answer. This time, it doesn’t seem to be helping at all.

Tim Cook's pride may expand corporate talent pool

The Apple CEO’s decision to speak publicly about being gay should help advance the march toward acceptance. As boss of the world’s biggest company by market value, Cook could inspire others, giving C-suites and boardrooms more choice. They could use it.

REIT scandal could be good test for Sarbanes-Oxley

American Realty Capital Properties says its false financials were intentionally left uncorrected. Details are scant, but that sounds tailor-made for the Enron-inspired law. After more than a decade as an afterthought for U.S. prosecutors, the reform may have a chance to shine.

New Shell chairman has a tough job on his hands

Charles Holliday arrives at the Anglo-Dutch major as oil prices slump towards $85 a barrel. After a dismal 2013, Shell is making good progress. But while Holliday has sound experience at DuPont and Bank of America, he will need to learn the tricks of his new trade quickly.