China’s new $15bn tech fund emulates SoftBank’s Vision Fund

China’s new $15bn tech fund emulates SoftBank’s Vision Fund

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China’s new $15bn tech fund emulates SoftBank’s Vision Fund
THE story of China Merchants Group began in the 1870s. After its defeats in the Opium wars, the Qing government tried to learn from the West by adopting foreign technology and encouraging new commercial ventures, including China Merchants. The banking-to-shipping conglomerate, based in Hong Kong, has since evolved into one of China’s largest state-owned enterprises, […]
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What really happened to EgyptAir Flight 804?

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What really happened to EgyptAir Flight 804?
GULLIVER is not the type of person to kick up a fuss on his travels, least of all when lucky enough to be at the front of the plane. But his patience was pushed to the limit a couple of years ago, when his EgyptAir flight from Cairo to London was blighted by the near-constant […]
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A welcome upgrade to apprenticeships

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A welcome upgrade to apprenticeships
THE Advanced Manufacturing Research Centre (AMRC) in South Yorkshire, England, looks like the very model of a modern industrial site—bright, shiny, airy and clean. In June 1984 it was the site of a traumatic moment in British history—the Battle of Orgreave, when picketing miners clashed with police as they tried to stop lorries collecting supplies […]
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A Chinese music-video app is making WeChat sweat

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A Chinese music-video app is making WeChat sweat
A PUBLIC spat between two warring and wildly popular Chinese apps has had the feel of a teenage dance-off. “Sorry, Douyin Fans”, ran an article from the short-video app on its WeChat account, in which it accused the mobile-messaging service of disabling links to Douyin’s most popular videos. “All hail Douyin the drama queen,” retorted […]
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Big corporates’ quest to be hip is helping WeWork

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Big corporates’ quest to be hip is helping WeWork
WITH his flowing locks and hip clothes Adam Neumann, co-founder and chief executive of WeWork, looks less like a property baron than the frontman of a rock group. He speaks expansively on the subjects of character, destiny and God. His four-year-old daughter wanders through his office during an interview with The Economist. Yet Mr Neumann, […]
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Airbus and Boeing are tightening their hold on the sky

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Airbus and Boeing are tightening their hold on the sky
AT A glitzy party in Toulouse on July 10th Airbus, Europe’s aerospace giant, revealed its “newest” plane. But many aviation buffs might find it familiar. It was a repainted C-Series aircraft—originally developed by Bombardier of Canada—a project in which Airbus bought a 50.01% stake on July 1st. Airbus welcomed the aircraft into its family of […]
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Glencore faces a DoJ probe stretching from Africa to the Americas

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Glencore faces a DoJ probe stretching from Africa to the Americas
IT EMERGED on July 2nd that Hollywood may make “The King of Oil”, a film about Marc Rich, an American-Swiss commodities trader who became a fabulously rich fugitive from American justice. On July 3rd Glencore, the firm founded by Mr Rich, said America’s Department of Justice (DoJ) had requested documents regarding its compliance with corruption […]
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Canada’s cannabis firms plot world domination

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Canada’s cannabis firms plot world domination
IT IS rare to see the words “Canada” and “world domination” in the same sentence. The country’s cannabis producers want to change that. With an eye on October 17th, the date on which recreational marijuana will become legal, medical-cannabis firms have been expanding at home and talking up their global ambitions in a most un-Canadian […]
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Politics is becoming a minefield for the travel and hospitality business

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Politics is becoming a minefield for the travel and hospitality business
TRAVELLERS come in all different stripes. So it is generally not wise for the chief executive of a major airline to say something like this about a controversial presidential stance: “This policy and its impact on thousands of children is in deep conflict with [our] mission and we want no part of it.” But that […]
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User-rating systems are cut-rate substitutes for a skilful boss

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User-rating systems are cut-rate substitutes for a skilful boss
IT OFTEN arrives as you stroll from the kerb to your front door. An e-mail with a question: how many stars do you want to give your Uber driver? Rating systems like the ride-hailing firm’s are essential infrastructure in the world of digital commerce. Just about anything you might seek to buy online comes with […]
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The rich world needs higher real wage growth

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The rich world needs higher real wage growth
CENTRAL bankers and economists have spilled much ink in recent years on the question of why wages have not grown more. The average unemployment rate in advanced economies is 5.3%, lower than before the financial crisis. Yet even in America, the hottest rich-world economy, pay is growing by less than 3% annually. This month the […]
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A maverick French telecoms firm attempts Italian conquest

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A maverick French telecoms firm attempts Italian conquest
From Station F to Milano Centrale “CHOOSE truth. Choose Iliad,” entreats the voice-over of a television advertisement after images of President Donald Trump speechifying and footballers feigning injuries flash across the screen. That may seem pretentious for a mobile provider, but the advert is part of Iliad’s entry into Italy, which began on May 29th. […]
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The Recent Sales Report Gave Management Some Bad Vibes

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The Recent Sales Report Gave Management Some Bad Vibes
They’ll never stop coming up with clever ways to break bad news to your team. Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Abraaj, a private-equity firm, files for provisional liquidation

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Abraaj, a private-equity firm, files for provisional liquidation
UNTIL recently the Abraaj Group, a private-equity firm based in Dubai, was riding high. It was one of just a few such firms focused on emerging markets, and a darling of “impact investors”, who seek social or environmental returns, not just financial ones. Assets under management of $13.6bn made it the largest private-equity firm in […]
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Most stockmarket returns come from a tiny fraction of shares

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Most stockmarket returns come from a tiny fraction of shares
IN his book about the use of language, “The King’s English”, Kingsley Amis describes a tug-of-war. On one side are “berks”, careless and coarse, who would destroy the language by polluting it. On the other side are priggish “wankers”, who would destroy it by sterilisation. The battle lines look similar in investment. The divide is […]
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China considers its response to Donald Trump’s proposed tariffs

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China considers its response to Donald Trump’s proposed tariffs
The serried ranks FOR now, at least, when speaking of the trade dispute with America, China’s government is taking a more-in-sorrow-than-in-anger tone. That helps explain the Chinese public’s surprisingly measured views of Donald Trump, and gives the Chinese government some breathing room to consider its options. The state media have so far taken the high […]
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Google runs into more flak on artificial intelligence

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Google runs into more flak on artificial intelligence
DISCOVERING and harnessing fire unlocked more nutrition from food, feeding the bigger brains and bodies that are the hallmarks of modern humans. Google’s chief executive, Sundar Pichai, thinks his company’s development of artificial intelligence trumps that. “AI is one of the most important things that humanity is working on,” he told an event in California […]
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Can the solar industry survive without subsidies?

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Can the solar industry survive without subsidies?
A LITTLE over a decade ago, when JinkoSolar, a Shanghai-based company, entered the solar business, it was such a novice that when it visited international trade fairs, all it had was a bare table and a board with its name scribbled on it. But it also had luck, a technological edge and lots of public […]
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The insecurity of freelance work

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The insecurity of freelance work
THE decline of the conventional job has been much heralded in recent years. It is now nearly axiomatic that people will work for a range of employers in a variety of roles over their lifetimes, with a much more flexible schedule than in the past. Opinion is still divided over whether this change is a […]
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Buying GitHub takes Microsoft back to its roots

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Buying GitHub takes Microsoft back to its roots
ALMOST to the day 17 years ago Steve Ballmer, then boss of Microsoft, the world’s biggest software firm, called Linux a “cancer”, meaning that the open-source operating system would spell the death of proprietary software. On June 4th, his successor, Satya Nadella, announced that the firm would take over GitHub, the main source of such […]
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The Management Tech You Need to Nail IRCE18 – Small Business, Big World – Medium

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The Management Tech You Need to Nail IRCE18 – Small Business, Big World – Medium
Written by Kelly Gonsalves Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Aviation’s most outspoken boss thinks women cannot do his job

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Aviation’s most outspoken boss thinks women cannot do his job
THE International Air Transport Association (IATA), a trade association for airlines, was founded in 1945 to promote the interests of carriers around the world. In recent years the airline cartel of old has been accused of being out of tune with the times, particularly by low-cost carriers such as Ryanair, which is Europe’s biggest. At […]
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In developing countries, many people cannot afford not to work

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In developing countries, many people cannot afford not to work
No time for tweeting AMERICA’S unemployment statistics attract close attention, even from presidents. Early on June 1st President Donald Trump tweeted that he was looking forward to the latest figure (3.8%), released that morning. China’s unemployment numbers, by contrast, attract mostly ridicule. They have barely budged since 2011 despite the upheavals of the period. Many […]
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A Hungarian startup could beat Ryanair at its own low-cost game

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A Hungarian startup could beat Ryanair at its own low-cost game
JUST a few hundred metres from Budapest airport’s runways, the wails of scorched airline passengers echo around an industrial estate. But no real people are being harmed. Here Wizz Air, a rapidly growing Hungarian carrier, trains cabin crew and pilots in evacuating its planes safely. Last year the airline recruited 1,000 new staff, twice as […]
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Rwanda refuses to remove tariffs on imports of used clothing

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Rwanda refuses to remove tariffs on imports of used clothing
Glad rags to sad rags IN A market in Kigali, Rwanda’s capital, a cacophonous auction is under way. Sellers hold crumpled T-shirts and faded jeans aloft; traders shout and jostle for the best picks. Everything is second-hand. A Tommy Hilfiger shirt goes for 5,000 Rwandan francs ($5.82); a plain one for a tenth of that. […]
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American tech giants are making life tough for startups

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American tech giants are making life tough for startups
IT IS a classic startup story, but with a twist. Three 20-somethings launched a firm out of a dorm room at the Massachusetts Institute of Technology in 2016, with the goal of using algorithms to predict the reply to an e-mail. In May they were fundraising for their startup, EasyEmail, when Google held its annual […]
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There is madness, but perhaps also method, in America’s trade policies

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There is madness, but perhaps also method, in America’s trade policies
DIVINING meaning in the Trump administration’s trade announcements is a thankless task. No sooner does a policy seem settled than it is thrown up in the air once more. On May 23rd, days before a scheduled meeting with the European Union and Japan on a joint trade strategy and in the middle of talks to […]
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