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What a $600m wedding says about India’s attitude to wealth

WHEN BEYONCÉ performed at a pre-wedding party for Isha Ambani in 2018, India was agog. Merely receiving an invitation conferred bragging rights on status-obsessed business leaders and politicians. The cost of the...

Why most battery-makers struggle to make money

Boom-and-bust cycles all tend to look the same. A consumer fad or industrial urgency fuels demand for a product. Prices rise. Producers invest in capacity. By the time new supply materialises it...

What German business makes of France’s leftward turn

GERMAN POLITICS is followed closely in Paris. So is French politics in Berlin. Olaf Scholz, the German chancellor, said on July 8th that he was “relieved” that the far right failed to...

Europe’s biggest debt-collector has a debt problem

Behind every on-screen loan shark is an even harder character making sure the mob’s debts are paid—make Peter pay, or Paulie might break your legs. The financial system is less violent, but...

The CEO’s alternative summer reading list

“HE INSPIRED NEITHER love nor fear, nor even respect…He originated nothing, he could keep the routine going—that’s all.” As a description of your typical middle manager, it is hard to surpass Marlow’s...

The EV trade war between China and the West heats up

IN the TRADE war between the West and China, a battle over electric vehicles (evs) has begun. In May, as part of a broader volley against Chinese tech, America slapped a 100%...

Once high-flying Boeing is now a corporate criminal

At the turn of the century Boeing launched an advertising blitz to show what a marvel of American manufacturing it was. Called “Forever New Frontiers”, it highlighted its pioneering work on some...

Lessons in risk-taking from buccaneering BBVA

Few bosses worry about European politics more than its bankers. In Italy and Spain new taxes have been levied as punishment for higher profits. The populist surge in France has redoubled concern....

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