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...After years of attracting ever-higher valuations from investors keen to tap into the digital media market and its younger audiences, the fortunes of such swashbuckling new media groups have reversed....
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...But the culture war attacks have not just shaken AB InBev, they have also changed the fortunes of rivals and accelerated trends that are reshaping the $115bn US beer industry....
...Wall St newcomer taking charge at Lazard When Peter Orszag joined Lazard in 2016, it may have come as a surprise to some that the wunderkind economist would eventually bear the weight of reviving its fortunes...
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...Like many small winemakers in China, Cheung made his fortune during the country’s economic boom before turning to wine. He used his wealth to finance the huge upfront costs of establishing a winery....
...He’s kept remarkably under the radar, with the exception of a 1999 article in Fortune, and a less flattering NYT piece in 2021 on the “culture of fear at the firm that manages Bill Gates’s fortune”....
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...rival bard commented earlier: Not from the stars do I my judgement pluck;And yet methinks I have Astronomy, But not to tell of good or evil luck, Of plagues, of dearths, or seasons’ quality; Nor can I fortune...
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