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...“Are there parts of the world where CEOs would rather take a lower profile on their ESG . . . and climate agendas? Absolutely, yes,” he said....
How much does he matter, financially?
...There are only about 40 companies in the world with a market cap of $250bn or more, which is about what a company would have to be for Berkshire to bet big on it without becoming a de facto owner....
...Undeterred, she went on to become the world’s second female Master of Wine in 1976 (the first was Sarah Morphew Stephens MW)....
...World of Warcraft alone has more than 3mn players in China....
...The legislation, which was supported by a coalition of app developers including Tinder owner Match Group, Spotify and Epic Games, was the first of its kind in the world....
...Yet it is BookTok that has shaken up the sometimes fusty literary world, turbocharging sales of authors such as Sarah J Maas, Colleen Hoover and Alice Oseman among younger readers....
...I once wrote that the world does not need more Elon Musks....
...South by Southwest, the Texan festival of music and tech that regularly attracts the world’s top entrepreneurs and artists, will come to Europe for the first time with plans for a new campus in east London...
...Tesla shares surged after chief executive Elon Musk struck a deal with China’s search and mapping group Baidu paving the way for the US company’s semi-autonomous driving technology to be rolled out in the world...
...He will face a board that may take a closer look at his dealmaking, and it’s unclear how the internal dynamics will shift in a world without Buffett....
...“In the future, everyone will be world-famous for 15 minutes,” is a world-famous quote that Andy Warhol probably never said....
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with Israel
...US revenues from the world’s best-selling drug, which is used to treat inflammatory conditions from arthritis to Crohn’s disease, fell by a third as AbbVie offered favourable rebates to industry middlemen...
...As our Big Read details, it is being closely watched around the world as a test of how the tech giants can be successfully regulated....
...S&P Global’s latest ESG score for Philip Morris International, whose cigarettes continue to cause ill health and death around the world, is 85 out of 100....
Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’
And momentum vs sentiment
...“We’re going to need a lot of hydrocarbons for a long time . . . but I do think that the world’s moving away from them, too.”...
PR boss at Chinese search giant warns she can ruin careers in series of social media videos
...In a year of major elections around the world, these companies also face pressure to introduce guardrails around misleading deepfakes, curb covert influence operations and ensure they properly moderate content...
...Unlike the rest of the world, post-pandemic travel recovery has been slow among Japanese travellers....
...Chip design has become a vital capability for the world’s richest tech companies, with Microsoft, Amazon and Google all unveiling new processors focused on AI in the past few months....
...Qu’s comments were viewed as a window into how the top echelons of China’s corporate world thought about their employees, said Yang. “It provoked an emotional reaction,” she said....
...“We have a world obsessed with AI at the moment and Apple has to deliver a response,” he said....
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