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Lenovo cannot justify goodwill in these times

Lenovo Group Ltd. just reported March quarter profit that climbed threefold to beat the highest analyst estimate. The Chinese computer maker’s focus on higher-margin products will offer investors some comfort that management’s turnaround strategy has been successful. That’s not wrong. But a lot has changed in the past year. The world is facing a tougher economic outlook, which will impact ...

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Ban ‘non-electric’ cars to reduce emissions

Most modern cities have measures to reduce congestion. But if their goal is to dramatically improve air quality and extend lives shortened by pollution, then tolls and parking meters simply aren’t enough. It’s worth asking what a more ambitious target would look like. Amsterdam has made itself a test case, proposing an outright ban on gas and diesel vehicles by ...

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World’s most contested coal mine doesn’t add up

Is the world’s most bitterly contested coal mine finally getting the go-ahead? After the opposition Labour party suffered heavy losses in coal-mining regions in Australian federal elections, the Carmichael project looks to be getting closer than ever to approval. In the view of the government’s resources minister Matt Canavan, the pit being developed by Adani Mining Pty., a unit of ...

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