This is the inside story of a revolution in China policy, from Washington to Brussels, Berlin to New Delhi. The Rupture explains how many western politicians, thinkers, and business leaders closest to Beijing have become its sharpest opponents, how the Covid-19 pandemic dramatically accelerated this collective rethink, and why 5G represents the first test…
Category: Business
America’s elite universities, envied by the world, as US institutions have the five largest endowments, hold 8 of the top 10 positions in the world and help keep the rich richer – making it harder than ever to fight the inequality dividing us today and dominate several subject listing put out by Shanghai Ranking. Poison…
Shell has reported its second-highest quarterly profit on record of $9.5bn ( £8,2bn) between July and September, compared to $4.2bn during the same period last year. The energy giant said that because it had made large investments in the UK, it meant it had made no profit here and does not expect to start…
The world’s richest man, Elon Musk, completes $44bn Twitter takeover, ousting Parag Agrawal, Twitter’s CEO, Ned Segal, finance boss, and Ms. Vijaya Gadde, with immediate effect, according to Twitter investor Ross Gerber, who is the CEO of Gerber Kawasaki. Musk tweeted is interest in the social network platform was not about making money. The social…
Rishi Sunak is the next UK Prime Minister, as Mordaunt drops out of the Tory leadership race only minutes before the nominations closed. Former Chancellor Sunak will succeed Liz Truss seven weeks after she defeated him in the previous Tory contest. Sunak gained the support of over half the Tory MPs, with Mordaunt struggling to…
In May 2020, Kate Bingham, the life sciences venture capitalist was asked to lead the UK government’s vaccine task force (VTF), although she believed a successful Covid-19 vaccine was the “longest of the long shots”, and was reluctant to take responsibility of potentially wasting large sums of public money by pursuing jabs that…
The UK’s shortest-serving Prime Minister Liz Truss has resigned after 44 days in office, during which she presided over a failed “mini budget” which triggered financial turmoil, and Imploded quite rapidly to inflict lasting damage to the Conservative Party. Her speech: “I came into office at a time of great economic and international instability. “Families…
Jan Morris, an observational genius with lyricism and humor, is considered Britain’s one of the best-loved writers, the author of Venice, Pax Britannica, Conundrum, and more than fifty other books. Born as James Humphry Morris in 1926, a childhood spent amidst Oxford’s Gothic beauty and military service in Italy, Palestine, and Egypt, were followed by…
Battersea Power Station which was laying derelict for 39 years, opens to the public for the first time. The Grade II listed London’s truly iconic building is hoping to cement itself as one of the capital’s top retail and leisure destinations, with over 60 shops and bars at the Art Deco development including flagship store…
Liz Truss has u-turned on her plans to scrap the rise in corporation tax, in the controversial “mini-budget”, after she sacked Kwasi Kwarteng. Since the mini-budget was announced two weeks ago, the cost of government borrowing has soared plummeting the value of the Pound Sterling. Liz Truss told the Downing Street press conference on Friday…