Europe’s biggest debt-collector has a debt problem

Business

Behind every on-screen loan shark is an even harder character making sure the mob’s debts are paid—make Peter pay, or Paulie might break your legs. The financial system is less violent, but similarly interconnected. Intrum, Europe’s biggest debt collector, has struggled to make its business of buying and settling bad loans work. Now it is […

The EV trade war between China and the West heats up

Business

IN the TRADE war between the West and China, a battle over electric vehicles (evs) has begun. In May, as part of a broader volley against Chinese tech, America slapped a 100% duty on Chinese evs. On July 2nd Canada launched a consultation on what it called “unfair Chinese trade practices” in the EV industry. […]

Once high-flying Boeing is now a corporate criminal

Business

At the turn of the century Boeing launched an advertising blitz to show what a marvel of American manufacturing it was. Called “Forever New Frontiers”, it highlighted its pioneering work on some of the 20th century’s biggest breakthroughs, from passenger and fighter jets to space rockets and satellites. Coming a few years after its merger […

Your conference-survival handbook

Business

AN EMAIL URGING you to download the “forum-networking app” to start “making new connections” ahead of next week’s “knowledge-sharing experience” reminds you of something you had pushed to the back of your mind: you are going to a conference. If you are a paediatric nephrologist meeting colleagues to discuss the latest in children’s dialysis, a [&he

Panic rooms and private bunkers are all the rage in Germany

Business

KIM KARDASHIAN spotted the trend early, true to form. In 2021 the American reality-television star and her sister Khloé went bunker shopping. They tested a $200,000 facility made by a firm called Atlas Survival Shelters which provides 46 square metres (500 square feet) of safe space. Mark Zuckerberg, the billionaire founder of Meta, a social-media

Lessons in risk-taking from buccaneering BBVA

Business

Few bosses worry about European politics more than its bankers. In Italy and Spain new taxes have been levied as punishment for higher profits. The populist surge in France has redoubled concern. When Emmanuel Macron announced shock parliamentary elections in June, investors in French banks legged it. The final round of the election, held on [&hell

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