by UBS

Space travel is set to rocket

50 years since man first set foot on the moon, the business opportunity presented by space travel has morphed from science-fiction to reality. UBS Global Research predicts the industry to rocket - becoming an $800bln plus industry by the end of 2030. Discover the outlook for tourism, such as hotels in space, and the opportunities offered by servicing the long-haul aviation sector.

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The rise of financialisation has been a driving force in the global economy for the last few decades. But the FT’s Rana Foroohar believes companies that focus more on markets than the real economy will begin to experience diminishing returns, while high levels of corporate debt could be a harbinger of future economic trouble.

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