ANGLERS love a record catch. Fish farmers, too. So when a salmon bred and raised near this village at the head of a Norwegian fjord was pulled out of captivity earlier this year weighing a sumo-sized 17kg, it was cause for jubilation. “It was fantastic,” says Einar Wathne, head of aquaculture at Cargill, the world’s […]
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LOFTILY as they may disdain the profit motive, Britain’s judges are, on a national level, money-spinners. English law is often specified as the one under which commercial contracts are to be interpreted and enforced. And disputes often end up being heard in British courts. But, like any business, the law is competitive, and other jurisdictions […]
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MONDAY is “Game of Thrones” night at The Collective’s Old Oak building. Millennials congregate in TV rooms around the 11-storey, 550-person block. Some gather at the cinema, lounging on bean bags decorated with old graphics from Life magazine. Nothing gets residents out of their rooms like the hit TV show. This is not a […]
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SOUTH AFRICA’S stockmarket has Naspers largely to thank for its recent record highs. Shares in the media and internet group have soared by 45% this year; even before then it was Africa’s most valuable firm. So recent unrest among shareholders in Naspers might seem unwarranted. But in the days before its annual general meeting in […]
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ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its 1.3bn people by announcing that most banknotes would soon become worthless. Indians then queued for weeks on end to exchange or deposit their banned money at banks. The comfort for the poor was that the greedy, tax-dodging rich would suffer more, as they struggled […]
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PAUL POLMAN runs Europe’s seventh-most valuable company, Unilever, worth $176bn, but he is not a typical big cheese. A Dutchman who once considered becoming a priest, he believes that selling shampoo around the world can be a higher calling and detests the Anglo-Saxon doctrine of shareholder primacy, which holds that a firm’s chief purpose is […]
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VADIM BELYAEV’S start in business in the mid-1980s was to sell foreign watches on the black market in the Soviet Union. He became a financier, and by 2015 had transformed his bank, Otkritie, into post-Soviet Russia’s largest private lender. Named “Businessman of the Year” by a Russian magazine, he used an English term to describe […]
Read moreClosely followed strategist Jim Paulsen told CNBC on Thursday that investors should stick with stocks because the economy is in a “sweet spot.” “We’re in a really good sweet spot of being able to generate broad-based economic growth without creating any inflation or interest rate pressures,” the chief investment strategist at the Leuthold Group said […]
Read moreBosses in France will find it easier to hire and fire staff under new reforms aimed at overhauling the country’s notoriously stringent labor market. The French government laid out 36 new measures on Thursday as part of President Emmanuel Macron‘s plans to encourage employment and business freedoms. These include greater autonomy at a workplace level, […]
Read moreThis article originally appeared on The Hill. The Treasury Department needs the president and Congress to pass a law raising the United States debt limit, or they may soon run out of money to pay their bills, and it could cost the country even more money down the road. President Trump and Senate Majority Leader […]
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