But buckle under domestic power cutsLIU ZHONGTIAN has been called Asia’s “aluminium king”. His firm, Zhongwang Group, is one of the world’s largest makers of aluminium products. At one point he was the richest man in China’s north-eastern rust belt, where the company is based. In America, Mr Liu has a different reputation. Firms controlled…
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Including some grubby ones“WE ARE BUILDING the energy company of the future…like Tesla did,” declares Seifi Ghasemi, chairman of Air Products. Comparing yourself to the electric-car darling may seem Napoleonic for a purveyor of industrial gases. But Mr Ghasemi, who has thought about one gas in particular, hydrogen, for 30 years, insists the comparison is…
“WE ARE A community company committed to maximum global impact. Our mission is to elevate the world’s consciousness.” The opening lines of WeWork’s prospectus for its planned initial public offering in 2019 seem to confirm the worst about mission statements. People sit in a room earnestly discussing the differences between their purpose, their vision and…
Source: Bloomberg, 42:50
Hello. Today we look at what the Federal Reserve is thinking about the future of the dollar,
Covid-19 booster shots are being rolled out in the U.S. and other countries in response to waning antibody levels in already vaccinated individuals, and the increased threat posed by the hyper-infectious delta variant of the coronavirus that causes the diseas…
U.S. ports are full of goods, U.S. yards and warehouses are full of goods, hardly anyone wants to drive a truck to pick up and deliver those goods and those who do sit waiting in lines, often unpaid.
More than two thousand workers at four Amazon.com Inc. facilities in Staten Island have signed a petition asking federal labor officials to greenlight an election to form a new union, the latest spasm of labor strife between the e-commerce giant and its large…
The boss of Barclays Plc expects bonuses at its corporate and investment bank to be higher this year, with the unit’s dealmakers the latest to impress after pulling in almost a billion pounds in fees in a record third quarter.
Malaysian lender CIMB Group Holdings Bhd is considering renegotiating terms of its bancassurance partnerships in Indonesia, according to people familiar with the matter, amid increasing interest from insurers seeking to expand in Southeast Asia.