The Strategist

The Strategist
Latest News & Analysis
Companies & CEOs

Volvo to sell only electric cars and only online by 2030

Tony Webster
Volvo Cars has unveiled its new business strategy for the next decade. The Swedish carmaker intends to switch to producing exclusively electric cars by 2030. In the coming years, the company intends to produce a new family of electric cars. They...

Merck & Co joins Johnson & Johnson in COVID-19 vaccine production

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According to US TV channel NBC, US drugmaker Merck & Co will help Johnson & Johnson produce its COVID-19 vaccine. The "historic collaboration" between the two competitors in the interests of national security was announced by US President...

US manufacturer of $999-worth UAVs becomes a 'unicorn'

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California-based autonomous drone maker Skydio has become a "unicorn" after investors have valued it at $1bn. The company produces $999-worth aircraft, which are eagerly purchased by police and the US Army. Developer and manufacturer of small...

Citigroup cuts profit by $323m due to 'mistransfer'

Matt Buck via flickr
Citigroup has been forced to revise its 2020 financial results due to a lost court case about a "mistaken" transfer of $500 million to a number of funds that refused to return the money accidentally transferred to them. As a result, the US bank...
Markets & Industries

S&P: EMEA countries are increasing borrowings

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Borrowing by EMEA countries (Europe, Middle East and Africa) from the market and commercial banks (including the volume of debt securities placed on foreign and domestic markets and loans) this year will decrease compared with last year by $100bn,...

Retail investors buy up Bank of Japan shares

RaTT
After GameStop and Nokia, retail investors chose a new, not the most obvious, target: they bought up shares in the Japanese central bank, giving it its biggest rise in 16 years. The Bank of Japan is one of the few publicly traded central banks, but...

UK government to invest up to £375M in tech start-ups

Martin Vorel via libreshot
The UK government intends to create a fund money from which will be used to buy up stakes in promising technology start-ups in the country. The £375 million fund will be part of the UK budget that will be presented on Wednesday, March 3, reports the...

OECD countries attract record levels of borrowing

Toshimasa Ishibashi
Against the backdrop of sharply widening budget deficits, governments in the OECD's advanced economies attracted a record $18 trillion in borrowing in the "covid" year. This is an increase of $6.8 trillion from a year earlier, according to the OECD....
In-depth coverage

The challenges Covid-19 is posing to learning, teaching, and working in society

At enlightED Virtual Edition 2020, leaders of higher education institutions discussed taking “a crash course into the future”
>>> Zoom on Earth

When innovation brings more problems than it solves

Innovations allow for fantastic advances in environmental protection, but there are limits that are sometimes ignored. That is why we cannot always be sure when companies claim to be saving the planet, and sometimes there are hidden problems that outweigh the benefits. Almost every single venture aiming to improve ecological impact is confined by the constraints of capitalism. Informatio...
World & Politics

India's economy emerges from technical recession

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India's GDP in the third quarter of fiscal 2020-2021 was 0.4 per cent, thereby bringing the country out of a technical recession, the ministry of statistics and programme implementation said. India's GDP declined by 7.5 per cent in the second...

Brand Finance: Germany becomes world's "soft power" leader

fdecomite
The consulting firm Brand Finance has released a new version of its soft power ranking of the world's countries. The first place was taken by Germany, which in a year marked by the pandemic has demonstrated stability and ability to control the...

IATA ready to launch vaccination passports for travellers "within weeks"

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Digital passports with COVID-19 vaccination information for travellers, which the International Air Transport Association (IATA) is working on, could be launched "within weeks". The Telegraph and BBC report this, citing data provided by IATA. It is...

Japan suspends flights of some Boeing 777s

BriYYZ via flickr
Japan temporarily banned Boeing 777s with Pratt & Whitney PW 4000 engines as the engine of such a United Airlines aircraft in the US caught fire during flight. Its trim fell on residential areas of Colorado. United Airlines recalled 24 Boeing...
Management & Strategy

How to use mirroring for better persuasion

pixnio
Some people seem to possess a magic wand when it comes to persuading others. In reality, it's not magic, but a science that can be learned. The human brain has three layers. The lower layer, the reptilian brain, provides the "hit or run" response....

Goldman Sachs launches money management service for investors with $1000 capital

stocksnap
Bank for millionaires Goldman Sachs has launched an asset management service for mass investors with a capital as little as $1,000. Unlike Robinhood and other companies that help first-time investors enter the market, Goldman will not allow...

Three key elements for a breakthrough in work and life

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You've already reached a certain point, but the next step is so far away that you can't even think about getting there yourself? You need a breakthrough. There are three key elements to a dramatic increase in results: getting help, investing,...

Buddhism for business: A mantra for success

pixy.org
On any given day in life, you are in one of three stages: aspiration, success, failure. At each of them, you are battling with ego. As Benjamin Franklin observed, whoever drinks from a cup to the bottom should be prepared to encounter sediment. But...