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...Apollo went public with it in 2017, before BC Partners took it private again in a $2.1bn deal two years later....
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...It was spun out of Boeing in 2005 as the US group looked to shift fixed costs of its manufacturing facilities and labour to the variable cost of procuring parts from a supplier....
...Its high street is lined with 18th and 19th-century buildings housing independent shops and restaurants....
...This conflation of two disparate problems — vacant shops and a massive housing crisis — is utterly misguided....
...But analysts expect as much as 30 per cent of production capacity to shift from China to south-east Asia over the next two years. Early bets will pay off....
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...Two other programmes for the poor work under Modi’s patronage. Jal Jeevan is a mission to provide Indian households with tap water connections....
...has been forced to go back to the drawing board after residents of the east German town of Grünheide, the site of its only European assembly plant, overwhelmingly rejected a plan to massively expand the facility...
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
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