IT IS a common gripe among businessmen that although central banks in the rich world have done their damnedest to bring down interest rates, many firms still struggle to borrow, as battered banks curb lending in an effort to shore up their capital. In America, one beneficiary of this unfortunate squeeze on credit is a […]
WHAT do a Braille printer made out of Lego and a drone that helps farmers monitor crops (pictured) have to do with chipmaking? Intel Capital, the venture-capital VC unit of the American technology giant, is not quite sure yet but it wants to find out. It recently announced it was taking stakes in 16 startups, […]
NOWY STYL, a Polish company that is Europe’s fourth-largest maker of office furniture, recently bought two small German rivals. The firm’s boss, Adam Krzanowski, was asked by a German friend if he was pleased with his purchase. “I told him that I was not happy with the quality of the workers. His jaw dropped,” says […]
HANDLING small transfers between individuals is not an especially big or lucrative part of the financial system, but it is a faddish one. On November 17th Snapchat, a popular app that lets users send each other photos that disappear after a few seconds, introduced a new service called Snapcash that allows them to transfer money […]
Real world strategies to make the busiest shopping day of the year a huge success.
OIL companies rarely soil their hands with the business of extracting the hydrocarbons that are their lifeblood. The job of drilling, and constructing and maintaining wells is largely delegated to oilfield-services firms. In a deal agreed on November 17th Halliburton, the second-largest of these in the world, by market capitalisation, is set to buy Baker […]
Our chart on page 4 of last week’s special report on the Pacific contained two errors. It mixed up the direction of eastbound and westbound trade; and its definition of Europe (derived from IMF figures) understated the level of trade between that region and the Americas. In the accompanying text, we should have said, “since […]
A NEW travel app designed to help take the solitude out of lonely road trips had its “hard launch” recently”. Tripr, the brainchild of Nicholas Green and Alexander Dru, allows travellers to enter an itinerary and seek out like-minded companions who will be in the same place at the same time. The app replicates some […]
Frustrated small-business owners let it all out in on a Reddit thread.
FEW industries have been shaped more by mergers and takeovers than pharmaceuticals. This is because developing drugs is such a high-risk business. Most potential medicines either fail to reach the market, or fail thereafter to recoup the cost of developing them. If a company does not have enough promising drugs in its research pipeline, its […]