A real Armani polo shirt might cost 1,400 yuan ($190) if bought from the fashion house’s shop on JD.com, one of China’s biggest e-commerce platforms. But search for “Armani manufacturer” on the same app and similar shirts can be found for just 60 yuan. The cheaper offerings seem to have been made by Armani suppliers […]
Fresh-faced financial reporters are swiftly disabused of the idea that there are “safe havens” in financial markets. With one eye on the word count, a grizzled sub-editor will cut the extraneous word and growl “all havens are safe”. Assets that retain their value during a market downturn—gold, the Swiss franc, the Japanese yen—should be known […]
As the panic fades, investors’ nerves are still jangling. For the time being, stockmarkets have stopped convulsing and the prices of American Treasury bonds are no longer in freefall. Yet share indices across America, Asia and Europe have hardly recovered their poise (see chart 1); instead, day-to-day drops of a percentage point or more have […]
As the panic fades, investors’ nerves are still jangling. For the time being, stockmarkets have stopped convulsing and the prices of American Treasury bonds are no longer in freefall. Yet share indices across America, Asia and Europe have hardly recovered their poise; instead, day-to-day drops of a percentage point or more have become unremarkable. The […]
DONALD TRUMP can rarely resist the urge to engage in name-calling. Typically his barbs are more juvenile than consequential. But his designation of Jerome Powell, chair of the Federal Reserve, as “Mr Too Late, a major loser” is no mere insult. It might be the harbinger of an assault on the central bank, and it […]
The backlash against remote work, when it came, was swift and fierce. After a post-pandemic honeymoon, when many companies flirted with the idea of letting staff work from home for ever, bosses began summoning employees back to the office. “I’ve had it with this…I’ve been working seven days a goddamn week since covid and I […]
The backlash against remote work, when it came, was swift and fierce. After a post-pandemic honeymoon, when many companies flirted with the idea of letting staff work from home for ever, bosses began summoning employees back to the office. “I’ve had it with this…I’ve been working seven days a goddamn week since covid and I […]
The backlash against remote work, when it came, was swift and fierce. After a post-pandemic honeymoon, when many companies flirted with the idea of letting staff work from home for ever, bosses began summoning employees back to the office. “I’ve had it with this…I’ve been working seven days a goddamn week since covid and I […]
The backlash against remote work, when it came, was swift and fierce. After a post-pandemic honeymoon, when many companies flirted with the idea of letting staff work from home for ever, bosses began summoning employees back to the office. “I’ve had it with this…I’ve been working seven days a goddamn week since covid and I […]
The perils of reshoring Source link