The Economist

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The IPO of GlobalFoundries is perfectly timed

IT LOOKS LIKE the perfect time to be a chipmaker. The market for semiconductors continues to grow rapidly. By the end of the decade it will exceed $1trn globally, up from $500bn...

Mexico is finally seeing a startup bonanza

KAVAK, A MEXICAN startup, provides an elegant solution to a glaring problem: how to buy a used vehicle in a market that is both one of the world’s biggest and its most...

What if firms were forced to pay for frying the planet

MANY QUESTIONS are on the minds of business leaders in the run up to the UN’s COP26 climate summit from October 31st to November 12th. For CEOs making the trip to Glasgow,...

Germany’s biggest developer will be under pressure in Berlin

ROLF BUCH has no time to rest on his laurels. On October 4th the chief executive of Vonovia, Germany’s biggest residential-property firm, managed after a long ordeal to seal the creation of...

Shein exemplifies a new style of Chinese multinational

AMANCIO ORTEGA, founder of the Zara fast-fashion empire, got his start selling bathrobes in northern Spain. Erling Persson of H&M peddled women’s clothing in a small-town shop in Sweden for decades before...

The music industry is an unexpected victim of a plastics shortage

AT THE START of 2020 Green Lung, a London heavy-metal act with a cult following, were about to go on their first American tour. Then came covid-19. The band used ensuing lockdowns...

Why companies need middle managers

EVERY LARGE business has a boss and minions, who do most of the work. What comes between the corner office and the shop floor is a matter of managerial preference. Some firms’...

How bosses should write books

CHIEF EXECUTIVES are not, it goes without saying, the world’s most natural writers. They do not rise to the top without laserlike ambition, a trait that rarely leads to literary reflection. To...

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