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Ford and General Motors fight it out to electrify

IN 1909 THE founder of General Motors (GM), William Crapo Durant, offered to buy Ford for $8m. Henry Ford spurned the advance, making way for one of the fiercest and most multifaceted...

Going public? Here is a how-to guide

"A FLOTATION is like your own funeral. You usually do it only once,” deadpans the chief financial officer of a software company that recently staged a blockbuster initial public offering (IPO). Some...

The revival of Berlin Inc

CONVENTIONAL WISDOM has it that the capital of Europe’s most powerful economy is poor, bolshie, chronically indebted and utterly reliant on subsidies from richer states. The debacle of the construction of the...

Wave goodbye to the handshake?

IN THE 1800S greeting an associate in the West meant doffing your hat. A hand may have been kissed. But seldom was it shaken—a gesture deemed too pally. The handshake has since...

Universal Music is a hit

A ROCKSTAR’S WELCOME greeted Universal Music Group when it launched on Amsterdam’s Euronext exchange on September 21st in Europe’s largest listing of the year. Giddy investors all but threw their knickers at...

Peter Thiel, scourge of Silicon Valley

FOR A MAN who wants to live for ever, Peter Thiel has already done enough in his 53 years to leave mere mortals exhausted—and mostly frustrated. The venture capitalist, techno-Utopian and scourge...

Japanese companies want to win back their battery-making edge

WHEN YOSHINO AKIRA, a Japanese chemist, worked on rechargeable batteries in the 1980s, it was with a view to powering portable devices. His Nobel-prizewinning research led to the first commercial lithium-ion (Li-ion)...

A takeover in Britain shows shareholders still rule the corporate roost

FOR MOST people, coming into work is about more than picking up a pay slip. Not everyone aims to change the fate of humankind at the office. But even a sense that...

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