IN RUSSIA’S FROZEN north is a megaproject that has long been seen as an answer to President Vladimir Putin’s prayers. By the mid-2020s the Vostok oilfield is expected to supply about 15%...
IT TOOK MORE than 30 years for BP, a British energy company, to build its Russian business. It took less than four days to decide to dismantle it. As Vladimir Putin’s forces...
ON FEBRUARY 24TH President Joe Biden announced a suite of sanctions against Russia in response to its invasion of Ukraine. The focus was on the country’s biggest banks, cutting them off from...
PURCHASING A NEW Porsche often involves a long wait. If limited production and aloof dealers weren’t enough of a bottleneck, some buyers face further delays after a fire that broke out last...
THE TERM “dirty work” was coined by Everett Hughes, an American sociologist, to capture the attitudes of ordinary Germans to the atrocities of the Nazi regime. Hughes used it to convey the...
AMERICA’S LOCAL newspapers have been struggling to stay afloat for years. Since 2005 roughly 2,200 of them have folded. Private-equity firms, which often swoop on businesses in distress, have descended on the...
FOR MOST of his life Carl Icahn was vilified for his abrasive personality and his activism as an investor. His mother said he had the spirit of Genghis Khan. Oliver Stone based...
THROUGHOUT MOST of the pandemic Sea Group, a Singaporean super-app, had wind in its sails. Both its e-commerce business, Shopee, and its gaming unit, Garena, were thriving thanks to growing appetite for...
