Three climate fights will dominate COP28

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. The United Arab Emirates, venue for cop28, the latest climate summit convened by the United Nations, is a controversial choice. Some 70,000 climate advocates, diplomats and other hangers-on will attend an event that begins on … Read more

Every country wants its own investment-screening regime

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. SINGAPORE BECAME the latest country to erect barriers to investment in the name of national security on November 3rd. It plans to review, and potentially block, investments in entities “critical to Singapore’s national-security interests”. That … Read more

Why the market for superyachts is booming

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Even oligarchs, tech barons and other super-rich folk might have been expected to reconsider spending hundreds of millions of dollars on a superyacht amid gathering global turmoil. In 2020, as covid-19 spread, “I spent my … Read more

What revolt at OpenAI means for Microsoft

“The mission continues,” tweeted Sam Altman, the co-founder of OpenAI, the startup behind ChatGPT, on November 19th. But precisely where it will continue remains unclear. Mr Altman’s tweet was part of an announcement that he was joining Microsoft. Two days earlier, to the astonishment of Silicon Valley, he had been fired from Openai for not … Read more

Lessons from frugal businesses minting money in India

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. For foreign investors, India is a puzzle. On the plus side, it is a potentially huge market, recently passing China as the world’s most populous. The IMF predicts that India will be the fastest-growing of … Read more

America’s economy is booming. Why aren’t its bosses happier?

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Good news about America’s economy seems to keep rolling in. In the third quarter gdp expanded by a barnstorming 4.9% in annualised terms. Heading into earnings season, the month or so each quarter when most … Read more

How to get the lying out of hiring

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Hiring processes can be thought of as a battle between candour and dishonesty. You might imagine this is a simple fight between truth-seeking firms and self-promoting candidates, and to a certain extent it is. But … Read more

OMV, Austria’s energy major, reimagines its future

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. WHEN HE became chief executive of OMV in September 2021, Alfred Stern had one word for Austria’s oil-and-gas major: plastic. Having previously run the concern’s chemicals division, Borealis, he saw that business, not fossil fuels, … Read more

Chinese apps are a mixed blessing for American big tech

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. During the past year Shein and Temu, two ultra-fast-fashion upstarts famous both for $5 frocks and for playing down their Chinese heritage, have waged an internecine legal battle in America. Singapore-based Shein, the better-known of … Read more

Silicon Valley is piling into the business of snooping

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. In early September New Yorkers may have noticed an unwelcome guest hovering round their parties. In the lead-up to Labour Day weekend the New York Police Department (NYPD) said that it would use drones to … Read more