Chris Bryant

Lei Jun, CEO of Xiaomi, introduces the YU7 in Beijing.

Xiaomi made a cheap Ferrari EV. Who needs Porsche?

The danger for luxury automakers is that their products become commoditised; rapid acceleration, a chief selling point of Western sports-car brands, is...

U.S. Secretary of Commerce Howard Lutnick testifies before a House Appropriations Committee hearing on U.S. President Donald Trump's budget request for the Department of Commerce, on Capitol Hill in Washington, D.C., U.S., June 5, 2025. REUTERS/Leah Millis

Spacs are back. What could go wrong this time?

While market participants have learned some hard lessons, the trend towards speculative crypto deals isn’t reassuring

Generic image of aged worker for stories about retirement and older workers.

Working until 70 isn’t so bad provided you feel 55

Extending healthy life expectancy can cement public acceptance of later retirement, providing governments address inequalities

(FILES) Employees work at the assembly line of the Volkswagen (VW) ID 4 electric car of German carmaker Volkswagen, in the production site of Emden, northern Germany on May 20, 2022. The Volkswagen group, which is preparing an unprecedented savings plan, formalised on September 10, 2024 the termination of the employment guarantee agreement in force for thirty years in Germany, the first stage of negotiations that promise to be stormy with staff representatives. (Photo by DAVID HECKER / AFP)
THE BROAD VIEW

Why the sick man Germany is paying up to curb sick days

While they’re still known internationally for their work ethic, Germans aren’t shy about calling in sick

A campaign rally by the far-right Alternative for Germany party ahead of the Thuringia state elections. To keep fringe parties at bay and remain a dependable partner for international allies, Germany must rediscover its economic and political mojo.
THE BOTTOM LINE

Why German angst is a worry for the world

If the economy doesn’t grow, battles about immigration, fairness and spending will only get worse

In 2023, the total pay and benefits for Oliver Blume, CEO of both Porsche and Volkswagen AG, amounted to less than 10m euros (US$10.8m) -- far less than some rivals get for just one role.
THE BOTTOM LINE

Porsche and Volkswagen deserve full-time drivers at the wheel

Oliver Blume’s dual-CEO role is becoming harder to justify

While another bull market or interest-rate cuts could spare private equity firms some blushes, the onus is on them to deliver operational improvements rather than relying on rising valuations to generate profit for their investors.

Private equity’s bubble vintage may fizzle

It matters not just what you buy but when you buy it, and 2021 wasn’t a great moment to deploy capital

A permanently closed Bed Bath & Beyond store in Hawthorne, California, on May 1, 2023.  The home goods chain filed voluntary petitions for relief in April under Chapter 11 at the US Bankruptcy Court for the District of New Jersey.

The corporate bankruptcy wave will get even uglier

In America, Europe and beyond, business distress is only just beginning

There are hundreds of listed cash-shells looking for targets, and plenty of De-Spacs that badly need the cash. It does seem an incredibly convoluted way to raise money, but desperate times call for desperate measures

Spac-squared is Wall Street’s latest wheeze

Just when you think you’ve seen it all in Spac-land, along comes a money-losing company that only recently went public via a...

SPAC (special purpose acquisition company) sponsors are hard put to find attractive deals within the allowed time limits and risk having to liquidate.

SPAC-squared is Wall Street’s latest wheeze

Financial engineering has found a way to keep ailing SPACs afloat