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Why the hype for hybrid cars will not last

The car industry’s effort to decarbonise revolves around replacing petrol with batteries. A growing number of customers want both. Buyers who cannot afford a fully electric car, or worry about the availability...

Chinese overcapacity is crushing the global steel industry

Each year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year—is obscured by the fact that most of it...

Demand for high-end cameras is soaring

Buying a Leica feels like buying a piece of art. Made in Germany, the cameras are sold in the swankiest neighbourhoods, sometimes in shops which double as galleries. The current models pack...

Intel is on life support. Can anything save it?

SINCE ITS founding in 1968 Intel has been synonymous with shrinkage. In its first four decades this was high praise. Every two years or so the American chip pioneer came out with...

European firms are smaller and less profitable than American ones

On September 9th Mario Draghi, a former prime minister of Italy and former president of the European Central Bank, published his long-awaited report on European competitiveness. The continent’s productivity lags behind America’s,...

People are splurging like never before on their pets

Among the products of Dog by Dr Lisa, an Australian pet-care brand, you will find a cleanser for sensitive skin, a soothing balm and a cologne. All are free of genetically modified...

Physical proximity has big effects in the workplace

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Why family empires dominate business in India

For many years the hottest event in Indian capitalism was the annual general meeting of Reliance Industries. Thousands of attendees, from rickshaw drivers to day labourers, would pile into the Cooperage Football...

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