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An effective new drug to treat covid-19 emerges from Merck

THOR, THE Norse thunder-god, was reputed to carry a hammer known as Mjollnir—a tool for destroying enemies and blessing friends. The hammer has provided suitable inspiration for the name of a powerful...

The IT establishment is dressing in new clothes

“WE ARE A different company now. We are no longer focused just on mobile. And we have the numbers to back it up.” Cristiano Amon, the boss of Qualcomm, which makes chips...

An activist investor targets Shell

“THERE IS PERHAPS no bigger ESG opportunity than in ‘Big Oil’, and specifically, at Royal Dutch Shell.” Regarding Shell as an environmental, social and governance investment is the hyper-green explanation offered by...

How the pandemic has changed the weather in the technology industry

THE TECH industry recently appeared to be sitting on cloud nine. One record after another fell when quarterly results were reported three months ago. Revenues had grown by 40% on average compared...

Will Japan’s new prime minister continue to reform corporate governance?

KISHIDA FUMIO, Japan’s new prime minister, has voiced no opposition to the corporate-governance reforms of Abe Shinzo. His predecessor’s efforts to make Japanese companies more focused on shareholder returns and less beholden...

The three unknowns of the modern ad age

AS WELL AS a louche mystique, there has always been something murky about advertising. From P.T. Barnum’s “Mammoth Fat Infant: only three years old and weighing 196 POUNDS” to three-martini lunches at...

Worries ahead for American firms

THE PROFITS cranked out by American businesses make them look indestructible. Despite a pandemic and savage slump in 2020, the net income of large American firms for the third quarter of this...

The rapid growth of retail subscription services could be coming to an end

TRADE COFFEE shifted under 1m bags of whole and ground beans between beginning operations in April 2018 and the start of the pandemic in March 2020. By the start of 2022 it...

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