“SORRY” IS NOT a word you hear often in business. Japanese miscreants may bow in shame. But in the West even architects of some of the world’s most spectacular strategic blunders struggle to express remorse. It took Gerald Levin, boss of Time Warner, a decade to apologise for what he finally admitted was “the worst…
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“THE STONE AGE did not end for lack of stone, and the oil age will end long before the world runs out of petroleum.” That battle cry animates critics of Big Oil, who dream of phasing out hydrocarbons in favour of cleaner fuels and technologies. Their bête noire is ExxonMobil, long the richest and mightiest…
Credit Suisse Group AG executives ignored warnings from colleagues about troubled steel tycoon Sanjeev Gupta as they channeled $1.2 billion of client funds to his businesses, according to people familiar with the matter.
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AGIC Capital, the private equity firm led by Chinese dealmaker Henry Cai, has restarted a sale of medical laser company Fotona d.o.o. after postponing it due to Covid-19, people with knowledge of the matter said.
Bitcoin ($BTC USD) News: Kuroda Joins Central Bankers Doubting Cryptocurrencybloomberg.com
Kuroda Says BOJ Will Mull Climate in Monetary Policy Discussionsbloomberg.com
A sporting strategy engineered on the west coast of America has given a small community club in the west of London a fresh shot at the richest game in world soccer.
Here are the top news stories this week in Australian business and politics: Vaccine hesitancy, the limitations of “Covid-Zero” and climate victories.
CHINESE TECH GIANTS, like those elsewhere, have thrived as covid-19 forced consumers to get their necessities and leisure online. This month Tencent, China’s most valuable tech firm, reported another stellar set of earnings. Operating profit grew by 20% year on year in the first quarter, to $6.5bn. Rather than sit on this money (or fork…