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FedEx tries to think beyond the pandemic

Seeking deliveranceFedEx tries to think beyond the pandemicLockdowns have been less of a bonanza for parcel-handlers than you might expectBusinessJul 4th 2020 editionYOU WOULD have thought that lockdowns were a bonanza for courier services like FedEx. Not so much, it turns out. On June 30th the American pioneer of express delivery reported that operating...

Food-delivery wars heat up

Appetite for destructionFood-delivery wars heat upWill winning the battle for locked-down Western stomachs ever translate into profits?BusinessJul 4th 2020 editionJOSé AVILLEZ, a Portuguese chef, has picked up two Michelin stars for his inventive takes on traditional dishes such as a pudding that daringly combines chocolate ganache with cuttlefish ink....

India Inc’s inward turn

GroupthinkIndia Inc’s inward turnForeign investors are rediscovering that the road to riches in India runs through powerful local partnersBusinessJul 4th 2020 editionFACEBOOK WAS first to open its wallet. In April the social network said it would spend $5.7bn on a 9.9% stake in Jio Platforms, the digital arm of Reliance Industries, India’s biggest firm....

Airlines blame covid-19 for rowing back climate commitments

Setting a new CORSIAAirlines blame covid-19 for rowing back climate commitmentsThe industry defangs an already mostly toothless carbon-offsetting schemeBusinessJul 4th 2020 edition“THE WORST year in the history of aviation” is how the International Air Transport Association (IATA) describes 2020. The global airline-industry body expects carriers’ revenues...

The pandemic is giving unmanned deliveries a fillip

Droning onThe pandemic is giving unmanned deliveries a fillipDemand is surging for contactless provision of meals, medical supplies and other productsBusinessJul 4th 2020 editionUNMANNED VEHICLES, airborne or earthbound, have been pressed into anti-pandemic service the world over. In Mexican slums they spray disinfectant from the sky. “Shout drones”...

Why Facebook is well placed to weather an advertising boycott

Getting by with a little help from its friendsWhy Facebook is well placed to weather an advertising boycottIts real worry remains regulationBusinessSOCIAL NETWORKS know a thing or two about virality. Still, Facebook was probably surprised by the speed at which a small protest, begun on June 17th by a collection of American civil-rights groups, has gained...

Nissan’s newish boss wants to re-engineer the troubled carmaker

Turning down the volumeNissan’s newish boss wants to re-engineer the troubled carmakerRemodelling the global alliance with Renault and Mitsubishi will be tougherBusinessNISSAN IS IN for a makeover. On July 15th the Japanese carmaker will unveil what is rumoured to be a sleeker, more minimalist logo more in line with the contemporary aesthetic. To its...

Mid-year motivational magic

BartlebyMid-year motivational magicBuck Passer, cheerleader extraordinaire, updates his colleaguesBusinessJun 27th 2020 editionDEAR COLLEAGUES and fellow humans, It has been a difficult first half of the year at Multinational United Subsidiary Holdings (MUSH). The pandemic has locked down some of our operations but not locked down our hearts. It has...

Why Apple’s developers are cross

Squeezing the pipsWhy Apple’s developers are crossThe iPhone-maker may be tempted to squeeze third-party apps furtherBusinessJun 27th 2020 editionIF APPLE’S PR operation has a centrepiece, it is the Worldwide Developers Conference (WWDC). The covid-19 pandemic forced this year’s jamboree, which began on June 22nd, online. Instead of the usual cheers...

The advertising business is becoming less cyclical—and more concentrated

The new admenThe advertising business is becoming less cyclical—and more concentratedAs ever more marketing drifts online, the digital giants’ conquest of adland looks unstoppableBusinessJun 27th 2020 editionSOMBRE PIANO music? Check. Footage of deserted streets? Check. Maudlin voice-over lamenting “uncertain times”? Check. Seeking a television commercial...

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