manufacturing

In the “Startup-up, Scale-up” review report published last year, chancellor Rachel Reeves promised to make Britain the “high growth, start-up hub of the world”. Now, almost six months into the new government, entrepreneurs remain encouraged…

Home to fine cheese, breathtaking scenery and footballing politics (FIFA HQ overlooks Lake Zurich), Switzerland’s largest city is also a financial juggernaut. The central square of Paradeplatz is its beating heart, where the Swiss banking…

In the past two years the French capital has been in the throes of AI fever and has launched some of Europe’s most talked-about startups, including Mistral, which is currently valued at $6.2 billion (£4.7 billion). That’s partly down to the…

It all started when Donahoe took over as CEO and made the controversial decision to restructure Nike’s product and marketing departments, eliminating long-established categories such as running, football, basketball, fitness, and training…

After officially hiking tariffs on Chinese electric vehicle imports earlier this month, the US government is getting even more serious about keeping China-made autos out of the country. On Monday, the US Commerce Department proposed a new…

This story originally appeared in Grist and is part of the Climate Desk collaboration.In 2023, the fast-fashion giant Shein was everywhere. Crisscrossing the globe, airplanes ferried small packages of its ultra-cheap clothing from thousands…

What do you mean by that?Because your insurance company, whoever it may be, uses a PBM, a pharmacy benefit manager. The PBM has negotiated with a pharmacy what the reimbursement rate is. Except they basically said, “Here’s what we’re going…

In 2012, Amazon quietly acquired a robotics startup called Kiva Systems, a move that dramatically improved the efficiency of its ecommerce operations and kickstarted a wider revolution in warehouse automation.Last week, the ecommerce giant…

Palmer Luckey has come a long way from hacking together virtual reality headsets in a garage. Today, the Oculus VR founder’s defense tech startup, Anduril, announced that it has raised $1.5 billion in addition to developing a new…

In a move likely to raise a few taxpayer eyebrows, Intel said today that it will cut 15 percent of its workforce, or more than 15,000 jobs, as it struggles to rebound from disappointing results. In March, the US government said it would…