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The recipe of the outperformance of Swiss businesses

A-listers from the world of politics, business, academia, media and the arts descended on Davos on May 22nd for the first in-person bash of the World Economic Forum (wef) in more than...

Making brainstorming better

The word “brainstorming” conjures up a vision of hell. It is someone saying, “Fire up the brainwaves barbecue.” It is trying desperately to work out where everyone else’s cursors have gone on...

SPACs raised billions. As mergers dry up, we follow the money

American capitalism has a special reverence for large numbers. They can frighten as debt or reassure as backstops. The $260bn raised by special-purpose acquisition companies (spacs) since the start of 2020 lacks...

Gautam Adani wants to cement his grip on India’s heavy industry

Gautam adani is a man of few words but, as Asia’s richest tycoon, plenty of means. On May 15th he agreed to pay $10.5bn for Ambuja Cement, India’s second-biggest cement-maker, controlled by...

Why America’s clean-energy industry is stuck

America’s clean-energy bosses thought they would by now have more to celebrate. In the presidential campaign of 2020 Democrats tried to outbid one another on climate plans—Joe Biden offered $2trn, Bernie Sanders’s...

Shares in America’s big retailers swoon

Walmart went from strength to strength during the covid-19 pandemic. Its years-long investments in online fulfilment finally began to pay off as virus-wary shoppers swapped aisles for apps. As inflation picked up...

Elon Musk, Twitter and an epic case of buyer’s remorse

Elon musk recently suggested he might introduce an edit button to Twitter, to let users revise injudicious tweets. He might wish such a thing already existed. Less than a month after tweeting...

After a bruising year, SoftBank braces for more pain

A year ago, at the height of the pandemic boom in all things digital, Son Masayoshi embodied in the flesh the futuristic promise of global tech. The flamboyant founder of SoftBank Group,...

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