The Economist

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ExxonMobil rediscovers its swagger

FOR YEARS ExxonMobil was the top dog among the world’s private-sector oil companies. It was the biggest of the Western majors, and the best-managed. It regularly posted higher returns on capital than...

Can Elon Musk’s xAI take on OpenAI?

Every day seems to bring fresh bets on artificial intelligence (AI). In the past few weeks CoreWeave, an AI cloud-computing company, and H, a French AI startup, have raised hefty sums of...

Japanese businesses are trapped between America and China

Not since the 1980s have Japanese businesses generated so much excitement. Japanese companies’ profit margins have doubled in the past decade or so. They are forking out twice as much to their...

The Economist’s agony uncle returns

Dear Max, My employer has a policy of allowing dogs in the office. Almost everyone there seems to think this is tremendous but I don’t like the things. (To be honest, I...

Walmart’s latest product? Its customers

In the electronics department, every television is tuned to the same channel, showing a commercial for a cosmetics brand. At the end of the aisle is a sponsored stall promoting bags of...

Americans are fretting over their body odour

After three days in the great outdoors, gnawing anxiety sets in. The air may be fresh but the woman in the advert is not. The backs of her knees have begun to...

Africa Inc is ready to roar

Global gabfests tend to be gloomy affairs these days. Bigwigs bemoan the state of geopolitics, wring their hands over existential risks, urge greater global co-operation—and go home with little to show for...

Global firms are tapping India’s workers like never before

Lululemon, a CANADIAN maker of yoga outfits, does not have many things in common with Rolls-Royce, a British engine manufacturer. One thing they do share, along with scores of other foreign companies,...

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