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Nike isn’t worried about Christmas

  There will be fresh kicks under the Christmas tree after all. Three months ago, Nike Inc raised the alarm on the supply chain crisis: It warned that shoppers might not be able to find the sneakers they wanted in the run up to the holidays. It offered some reassurance that the worst may be over. As it announced its ...

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Can the algorithms destroy banking jobs?

  Good investment banking jobs are disappearing. Much of the business has been long replaced by machines and computer algorithms. Almost all equity trading is now done electronically. Even high-yield corporate bonds, an opaque corner of the market where orders from wealthy clients are often placed over lavish meals, are being disrupted. In the US, 37% of these transactions are ...

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China-Lithuania spat is a test for ‘democracies’

China’s push for global supremacy is playing out in the Taiwan Strait and the South China Sea, but also in the quieter coercion that Beijing practices every day. The latest target of this pressure is Lithuania, which is paying an economic price for snubbing China diplomatically. The case is a reminder that the democratic world must either unite against Chinese ...

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