Opinion

The US aerospace industry’s supply chain and labour challenges are most likely just beginning. Raytheon Technologies Corp said that it would ship 70 fewer jet engines than planned to Airbus SE in the first quarter because of bottlenecks at casting suppliers, resulting in weaker revenue growth in the period. General Electric Co has said that issues with material and labor ...

  One of the keys to a long and healthy life is finding meaningful activities to keep you occupied. Evidence for this can be found in many peer-reviewed medical studies, but also the annual reports of Berkshire Hathaway Inc. In the 2021 edition, which dropped this morning, 91-year-old Berkshire Chairman Warren Buffett tells of how, after some early career missteps, ...

  The Covid-19 epidemic was one great test of democratic resilience. Putin’s invasion of Ukraine poses another. Do Western societies have the moral fiber to stand up to aggressively authoritarian regimes abroad? What about at home? From the World Economic Forum in Davos to London’s glittering business and party scene, Moscow’s gold has bought soft-power influence. Where the Russians have ...

Don’t make the mistake of thinking that Russia’s invasion of Ukraine is a lamentable but localised crisis, whose consequences will be felt only by people far away. Russian President Vladimir Putin’s war has created perhaps the gravest security crisis of this century, one that will have profound effects around the globe. The pain will be borne mostly by Ukraine, of ...

Alibaba Group Holding Ltd’s slowest quarter on record comes amid a prolonged crackdown on China’s major technology companies. It’s easy to conflate the two. But the increased regulatory burden is overshadowed by even harsher problems. Chief among them: peak customer. It’s a reminder that the country’s burgeoning middle class is no longer easy pickings for high-flying companies with ubiquitous platforms. ...

  Coinbase Global Inc Chief Executive Officer Brian Armstrong has been publicly basking in the positive response to the cryptocurrency-trading platform’s Super Bowl TV commercial. The ad offering new users $15 in free Bitcoin was a marketing bonanza. But while generating buzz is a good thing, getting attention for giving away money won’t fix the major problems with Coinbase’s business. ...

  Vladimir Putin has done it. Ignoring near-universal condemnation, the Russian president has launched a full-scale invasion of Ukraine, confirming the West’s worst fears. It’s an abominable act of unprovoked aggression that threatens global security and stability. The world’s response must be swift and exacting. Putin’s actions reflect a willful disregard for international law and the lives of innocent people. ...

  The worst, it seems, has now happened in Ukraine. In a pre-dawn televised address, Russian President Vladimir Putin announced he had ordered an operation aimed at demilitarising Ukraine. It’s a dark moment for Russia, for Ukraine, for Europe — the darkest in Putin’s two decades at the helm. It is also a point of no return for Russia’s leader, ...

A leadership handover is normally time for refreshment and renewal at companies: new directions, exciting targets. Not so right now at Barclays Plc, where Jes Staley was recently pushed out prematurely as chief executive officer by UK regulators concerned about how he’d presented his personal ties with Jeffrey Epstein. The British bank’s new CEO, CS Venkatakrishnan, and Chief Financial Officer ...

  If you wanted to design a car company to fetch a princely valuation on the capital markets, it would probably look much like Porsche AG. Like Ferrari NV, Porsche has excellent profit margins and a reputation of sporting and luxury heritage. Plus, it has an impressive electric-vehicle strategy to challenge Tesla Inc — the Porsche Taycan already outsells the ...