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Adidas’s bet on rebirth of Reebok

Will Dad sneakers be enough to save Reebok? Bloomberg News has reported that Germany’s Adidas AG is exploring a sale of the shoe brand, which could be worth between about 1.5 billion euros ($1.8 billion) and 2.5 billion euros. Private equity groups Permira and Triton are circling the division, the Financial Times reported. There was no word from Adidas on ...

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Beijing tore up China’s giant internet playbook

All the things that allowed China’s internet innovators to become big, powerful and hugely profitable are under threat. The implications are chilling for established players. Draft rules detailed by China’s antitrust watchdog are aimed at rooting out monopolistic practices among internet companies, Bloomberg News reported. That could be invigorating for potential challengers to industry leaders such as Alibaba Group Holding ...

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Should the millennials, Gen Z get vaccine first?

If the Pfizer-BioNTech vaccine gains regulatory approval by Christmas, we can cheer the scientists for heroic work. But it will be the distribution decisions made by governments that will determine how quickly we can all exit Covid confinement. The UK has put itself in a strong position to access early vaccines, but its approach to prioritisation and distribution needs careful ...

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