Источник
RSS feed for topic: Business
Выбор редакции
25 мая, 17:49

Chain reaction: Why companies in the chemicals industry are mixing

  • 0

Print section Print Rubric:  To farmers’ chagrin, deal mania has seized the chemicals business Print Headline:  Chain reaction Print Fly Title:  The chemicals industry UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Chain reaction Main image:  20170527_WBD010_0.jpg AS SPRING arrives, the hills of Languedoc in southern France turn green with the leaves of grapevines. This is helped along by chemicals—lots of them, confides a winemaker based near the town of Thuir in the Pyrenees. In their absence, vineyards would need natural fertilisers and to be weeded by hand, both costly. French farmers use more chemicals than anyone else in Europe: 65,000 tonnes of pesticides alone each year. Even the smallest of vine-growers has an interest in a series of takeovers proposed between their chemicals suppliers. After a decade ...

25 мая, 17:49

Business this week

  • 0

Print section Print Headline:  Business this week UK Only Article:  standard article Issue:  How to improve the health of the ocean Main image:  20170527_WWP004_0.jpg Following several profit warnings and a 10% slide in its share price this year, Ford appointed a new chief executive. Jim Hackett, who ran the carmaker’s unit for autonomous vehicles and ride-sharing, replaces Mark Fields, who was CEO for three years. The speed of Mr Fields’s departure surprised those who thought he was doing a reasonable job in a fast-changing market. Bill Ford, the chairman, described Mr Hackett as a “visionary” who will steer Ford towards a future of self-driving and electric cars. See article. A budding flower Geely, a Chinese carmaker and owner of the Volvo car brand, said it was buying a 51% stake in Lotus, a British sports-car manufacturer, as part of a deal through which it will obtain a minority stake in Proton of Malaysia. Geely hopes to harness Lotus’s technology. Its Eco Elise project, for example, develops materials that help to lower emissions in its cars. America’s ...

Выбор редакции
25 мая, 17:49

A fresh canvass: How online campaigning is influencing Britain’s election

  • 0

Print section Print Rubric:  Digital democracy is changing the way elections are fought, for better and worse Print Headline:  A fresh canvass Print Fly Title:  Online campaigning UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  A fresh canvass Main image:  20170527_BRD001_0.jpg UK politicsRead more British election coverage SUMATRA ROAD, in north-west London, is a heavily canvassed street. It lies in the marginal constituency of Hampstead and Kilburn, which Labour won in 2015 by little more than 1,000 votes, and is a convenient half-hour Tube journey from Parliament. Its residents are used to spending the weeks before elections traipsing to and from their front doors to receive petitions from politicians of all stripes. This year a different sort of campaign is being waged, away from this corridor of red-brick ...

25 мая, 17:49

Unshackled algorithms: Machine-learning promises to shake up large swathes of finance

  • 0

Print section Print Rubric:  More firms are experimenting with artificial intelligence Print Headline:  Unshackled algorithms Print Fly Title:  Machine-learning in finance UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Unshackled algorithms Main image:  20170527_FND002_0.jpg MACHINE-LEARNING is beginning to shake up finance. A subset of artificial intelligence (AI) that excels at finding patterns and making predictions, it used to be the preserve of technology firms. The financial industry has jumped on the bandwagon. To cite just a few examples, “heads of machine-learning” can be found at PwC, a consultancy and auditing firm, at JP Morgan Chase, a large bank, and at Man GLG, a hedge-fund manager. From 2019, anyone seeking to become a “chartered financial analyst”, a sought-after distinction in the industry, will ...

25 мая, 17:49

An ORSome wheeze: How becoming a Hong Kong pensioner can save you tax

  • 0

Print section Print Rubric:  Rich and tax-shy? Try a Hong Kong pension Print Headline:  An ORSome wheeze Print Fly Title:  Tax evasion UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  An ORSome wheeze Main image:  Not dodging but shuffling Not dodging but shuffling THE global war on tax evasion rumbles on. What began as an American onslaught, with the Foreign Account Tax Compliance Act (FATCA) of 2010, has been joined by more than 100 countries through an initiative called the Common Reporting Standard (CRS). Under this, governments will exchange tax information on their financial firms’ clients on a regular, “automatic” basis, without having to be asked for it, starting this year. Holdouts such as Panama, the Bahamas and Lebanon have, one by one, been frogmarched into line. But tax-dodgers and their advisers are ...

25 мая, 17:49

Not the enemy: The advantages of public markets for unicorns and their investors

  • 0

Print section Print Rubric:  Startups can stay private for longer. That doesn’t mean they should Print Headline:  Not the enemy Print Fly Title:  Tech unicorns UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Not the enemy THE public markets in America are much less crowded than they once were. Twenty years ago America was home to 8,000 listed domestic firms; now the total is close to 4,000. In 2016, 74 firms made their stockmarket debut, compared with 600 two decades ago. This winnowing is unwelcome. Merger activity, which reduces the number of listed firms, is damaging competition. Overregulation, which deters younger firms from floating, deprives ordinary investors of opportunities to benefit from America’s corporate successes. Less obvious is why the firms themselves, or their investors, should care. Companies that once had to go public to raise capital can happily fund ...

25 мая, 17:49

First, do some harm: Before Republicans replace Obamacare, the White House is killing it

  • 0

Print section Print Rubric:  Before Republicans replace Obamacare, the White House is killing it Print Headline:  First, do some harm Print Fly Title:  Reforming health care UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  First, do some harm Location:  WASHINGTON, DC Main image:  20170527_USP004_0.jpg WHETHER or not their bid to reform health care succeeds, Republicans think Barack Obama’s Affordable Care Act will founder. For years, critics of the law have said that its health-insurance markets will enter a “death spiral” in which rising premiums drive out healthy buyers, forcing premiums higher still. “Obamacare is absolutely dead” President Donald Trump told The Economist on May 4th. If he is right, calamity looms. Eighteen million Americans buy ...

Выбор редакции
25 мая, 17:49

Zero sums: The White House’s budget goes from unrealistic to innumerate

  • 0

Print section Print Rubric:  The White House’s budget goes from unrealistic to innumerate Print Headline:  Zero sums Print Fly Title:  The budget UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Zero sums Location:  WASHINGTON, DC Main image:  20170527_usp503.jpg THE Budget Act of 1921 requires the president to propose a budget, but Congress holds the power of the purse. Since Mick Mulvaney, the budget director, sketched out the Trump administration’s proposal in February, it has been clear that lawmakers would end up rewriting it. Mr Mulvaney wants immediate deep cuts across government that are unpalatable even to many Republicans. The fleshed-out version of the budget, released on May 23rd, features a new promise: to eliminate the budget deficit ...

25 мая, 17:49

Globalisation: An economist’s bleak view of the future of globalisation

  • 0

Print section Print Headline:  Negative reaction Print Fly Title:  The future of globalisation UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Globalisation Main image:  America’s helping hands America’s helping hands Grave New World: The End of Globalisation, the Return of History. By Stephen King. Yale University Press; 290 pages; $30 and £20. GLOBALISATION is not new. In the late 19th century capital moved freely across the world and goods crossed national borders (despite tariffs) with the help of cheap transport. People, too, migrated across the oceans on a proportionately far bigger scale than they do today. All that came to a dramatic end with the outbreak of the first world war. Trade did not recover its share of world GDP until the 1960s. But after the Berlin Wall fell in 1989, it became tempting to believe in a kind of “Whig theory of globalisation” with economies growing ...

Выбор редакции
25 мая, 17:49

Quants and the quirks: Is efficient-market theory becoming more efficient?

  • 0

Print section Print Rubric:  Markets and academic theories are changing in tandem Print Headline:  Quants and the quirks Print Fly Title:  Stockpicking UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Quants and the quirks Main image:  20170527_FND001_0.jpg BUILD a better mousetrap, the saying goes, and the world will beat a path to your door. Find a way to beat the stockmarket and they will construct a high-speed railway. As investors try to achieve this goal, they draw on the work of academics. But in doing so, they are both changing the markets and the way academics understand them. The idea that financial markets are “efficient” became widespread among academics in the 1960s and 1970s. The hypothesis stated that all information relevant to an asset’s value would instantly be reflected in the price; little point, ...

25 мая, 17:49

The last dance: Work begins on Africa’s tallest building

  • 0

Print section Print Rubric:  Does the start of Africa’s tallest building signal the end of Kenya’s boom? Print Headline:  The last dance Print Fly Title:  Kenya UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  The last dance Location:  NAIROBI Main image:  20170527_map006.jpg COULD Nairobi, Kenya’s traffic-clogged capital, be the next Dubai? Two large Dubai-based investors, Hass Petroleum and White Lotus, seem to think so. On May 23rd they formally started construction of what they claim will be Africa’s tallest building. Out of a vast hole in the ground in Upper Hill, a neighbourhood full of government offices, will rise two towers, the taller some 300 metres high and named “The Pinnacle”. (For comparison, the Burj Khalifa in Dubai, the world’s ...

25 мая, 17:49

Free exchange: What the German economic model can teach Emmanuel Macron

  • 0

Print section Print Rubric:  France can learn from the success of German reforms, but not duplicate them Print Headline:  Looking east Print Fly Title:  Free exchange UK Only Article:  standard article Issue:  How to improve the health of the ocean Fly Title:  Free exchange IT IS heartening that the euro area has a knack for surviving near-fatal crises. Yet confidence in the durability of the single currency might be stronger if it suffered fewer of them. Europe dodged its latest bullet on May 7th in France, when Emmanuel Macron, a liberal-minded (by local standards) upstart centrist, defeated Marine Le Pen for the presidency. Even so, an avowed nationalist and Eurosceptic captured 34% of the vote, leaving Mr Macron with five years to assuage widespread frustration with the economic status quo. An obvious model lies just across the Rhine, where the unemployment rate—below 4%, down from over 11% in 2005—is testimony to the potential ...