The Economist

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AI will not fix Apple’s sluggish iPhone sales any time soon

Bling is in the air. On September 9th Apple released its latest iPhone 16 series at an event called “It’s Glowtime”. The name referred to the sheen around Siri, its souped-up voice...

Japan’s sleepy companies still need more reform

REACTING to a takeover offer is a delicate moment for any company board. For the leadership of Seven & i, the Japanese owner of 7-Eleven, a convenience-store chain, the burden of responsibility...

Is the era of the mega-deal over?

The most important takeover battle in years has reached a crescendo. While campaigning in Pittsburgh at the start of the month Kamala Harris, the Democratic presidential nominee, said that US Steel should...

Brian Niccol, Starbucks’s new CEO, has a “messianic halo”

BRIAN NICCOL, the square-jawed, blue-eyed boss of Chipotle Mexican Grill, a chain of fast-food restaurants, presents himself as an everyday, all-American family man. His daily routine begins with a 6am wake-up and...

How Broadcom quietly became a $700bn powerhouse

Few companies have gained as much value with as little fanfare as Broadcom has in recent years. Since the end of 2022 the American chipmaker’s market capitalisation has rocketed from around $230bn...

The mystery of the cover letter

Dear SIR/MADAM—You asked for a short cover letter to accompany my application to work in your sales department. I could spend time telling you that your company is the one place I...

Can IKEA disrupt the furniture business again?

There are worse ways to spend a lazy Saturday than to take a trip to one of IKEA’s giant furniture stores. Young children can be swiftly deposited at Småland, the supervised play...

Commercial ties between the Gulf and Asia are deepening

Oil has long lubricated the Gulf’s relationships abroad. That is especially so in Asia, which takes in almost three-quarters of its exports of oil and gas. Cheap energy from the Gulf has...

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