flounders

MARK ALMOND: Tyrannies are on the march as democracy flounders 

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This week’s military coup in Myanmar is not just another episode of repression and regression in a remote Asian country that is now disappearing once more behind a bamboo curtain. Terrifyingly, it is the latest symptom of a growing global trend away from democracy. For decades, Myanmar’s most famous daughter, the steely Aung San Suu … Read more

MARKET REPORT: Forex group Finablr flounders after tycoon’s shares pledge

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On a strong day for the stock market, forex group Finablr stood out for all the wrong reasons. It lost more than a quarter of its value after it emerged billionaire majority owner BR Shetty had pledged 392m shares, or 56 per cent of the company, to refinance debts related to the acquisition of Travelex in … Read more