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Slimming down

“I WILL miss treating my ear infections with the Buffalo Ranch McChicken,” quipped Jon Stewart recently on “The Daily Show”.

Driven out

The exit is over there, Dr Piëch WHY Volkswagen’s chairman, Ferdinand Piëch, failed to remove its chief executive, Martin Winterkorn, is unclear.

Much ado about something

THE plot is worthy of a Shakespearean comedy. Teva is in pursuit of Mylan. But Mylan dislikes its suitor and runs away to declare its love for Perrigo, while seeking a poison pill in case it is forced to marry Teva.

Short-term or short-changed?

Long-term owners only, please A BATTLE over voting rights, pitting the state against company boards and many investors, is raging among French companies.

Battle joined

WITHIN the next few months, the biggest defence contract for what will probably be many years to come will be awarded by the US Air Force, to build a new long-range strike bomber.

Shredding the rules

PIONEERING entrepreneurs have often had an uneasy relationship with the law. America’s ruthless 19th-century “robber barons” believed it was easier to go ahead and do something, and seek forgiveness later, than to ask permission first.

The coming crash

“THIS is one of the most advanced and sustainable car factories in the world.” So declares Karsten Engel, chief executive of BMW China, as he greets visitors to his firm’s newish manufacturing facility in the grim north-eastern city of Shenyang.

Not quite what we said

IN 1961 A.J.P. Taylor suffered a caustic book review at the hands of Hugh Trevor-Roper, another British historian.

Super-connecting the world

THE Gulf states have been on the radar of the world’s airlines since the 1930s. Then Dubai, a pearl-fishing port, served as a stopover for the flying boats of Imperial Airways (a forerunner of BA) on routes connecting London to distant colonial outposts.

Twilight of the gurus

IT IS customary nowadays for management gurus to preach that competition is fiercer than ever. Rita McGrath of Columbia Business School talks about “the end of competitive advantage”.

Deep under water

KNOWING the worst can help with a recovery. But it is no guarantee. Petrobras issued its much-delayed results on April 22nd, after accountants had scoured its books to find details of many years of scams and kickbacks, which are part of Brazil’s biggest corruption scandal.

The cheap, convenient cloud

IF THERE were a prize for corporate secrecy, Amazon would have an excellent chance of winning. Interviewing its executives can be like pulling teeth.

Risky business

THE question of whether businesses should dabble in finance was supposedly settled in America after the 1929 crash, when the mixing of commerce and banking was banned.

Ever more from Moore

NEWS of the death of Moore’s law has always been greatly exaggerated. People started to pronounce it deceased not long after Gordon Moore, co-founder of Intel, a chipmaker, published on April 19th 1965 a paper arguing that the number of transistors that can be etched on a given surface area of silicon would double every year.

Banking on de-banking

But no more adventures in finance SPEAKING just a month ago, one of the men who lost the struggle to become boss of General Electric (GE) in 2001 grumbled that the firm had become as soft as a marshmallow.

A very British business

THEY are known, quaintly, as “public schools”, though they are certainly not open to just anyone. Their names—Eton, Winchester, Harrow, Fettes—conjure up images of striped blazers and straw boaters, speech days and rugger matches.

Engaged tone

MERGERS among telecoms-equipment makers have a terrible record. In 2006 Alcatel, a troubled French telecoms conglomerate, was pressed to merge with Lucent Technologies, a descendant of America’s former telecoms colossus, AT&T.

Green shoots, risk of frost

LESS than a year ago most global investors looked at stagnant Europe, shuddered and passed by. Now European share prices are soaring (see chart 1).


SOMETHING new is in the air. Look up as you approach the plaza outside the building where Da-Jiang Innovations (DJI) has its headquarters, in the Chinese city of Shenzhen, and you may well see a hovering eye in the sky staring back at you.

Chasing the grey yen

The perfect car for youngsters like us DESIGNING underwear to fit human curves is tricky. For decades, Wacoal, a global manufacturer of lingerie based in Kyoto, has been measuring the female form and making products that factor in the toll of time and gravity.