Recent Posts

Why British Conservatives went cold on Rishi Sunak

A year ago, Rishi Sunak was the runaway favourite to be the next Tory leader, with Liz Truss polling only a third of his support. He started the contest in front in surveys of members and won the parliamentary stage of the race comfortably. Polls now put Truss miles ahead. And while the voting by Conservative Party members, less than ...

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Alibaba shows it’s tough to quit habits

Slowing growth and a rise in corporate spending have spurred global technology companies to boost revenue from non-consumer offerings. Apple Inc, Microsoft Corp, Amazon.com Inc and Taiwan Semiconductor Manufacturing Co are among those who’ve built solid business models around the rise in cloud services. Alibaba Group Holding Ltd has failed to follow the trend, and looks unlikely to do so ...

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Where did all oligarchs’ yachts and assests go?

  Tourism in wartime has created a new kind of beach activity — tracking superyachts linked to Russian wealth. These temples of conspicuous consumption, which got a huge boost in orders during the pandemic, are symbols of the new geopolitical order dominating soft-power travel hot spots like the French Riviera. Boats linked to Russian oligarchs not known for their discretion ...

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