Economy

Branding Sailo   How Sailo grew its fleet from 100 to 5,000 boats in just one year by leveraging the power of a compelling brand story. A Q&A with Delphine Braas '14 of Sailo, the online boat...

Lego cuts 1,400 jobs following first drop in sales in 13 years By Luján Scarpinelli   The Danish toy manufacturer seeks efficiency after posting first revenue fall in more than a decade in the first half of...

IKEA takes first step into gig economy by acquiring TaskRabbit By Luján Scarpinelli    Swedish furniture company IKEA has bought US start-up TaskRabbit, broadening the services it provides to its customers. On September 28, the Swedish home goods...

Tesla cuts nine percent of workforce in search of profit   In its fifteen-year existence the company headed up by Elon Musk has not made a profit, and it's burning through cash at an unprecedented rate. Tesla...

CSIS: Potential Scenarios for Venezuela’s Future   Given the ongoing political, economic, social, and humanitarian crisis in Venezuela, in early June CSIS convened a small group of experts to identify the major drivers of possible future...

Mitsubishi Motors checking how Kobe Steel parts affected by false data by Naomi Tajitsu   TOKYO (Reuters) - Mitsubishi Motors Corp (7211.T) is investigating how components from suppliers containing Kobe Steel Ltd (5406.T) parts have been affected...

EU fines Facebook €110 million over WhatsApp deal   The European Commission levied the $123M fine because Facebook had said it could not automatically match user accounts on its namesake platform and WhatsApp, but two years...

US company throws "chip party" to implant microchips in staffers   About 50 employees at Three Square Market – a Wisconsin vending machine company – opt to implant RFID chips in their hands, allowing them to...

The proxy-voting season kicks off on Wall Street     Activists are using shareholder votes to promote social agendas. JING ZHAO’S main occupation is translating Latin classics into Chinese. He runs a small think-tank, the US-Japan-China Comparative Policy...

 How one Swiss company is revolutionising the guitar Electric guitars have been made in the same basic way for decades. European CEO spoke to Pirmin Giger and Silvan Küng about how they’re changing the game. Of...