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India internet: Laying the foundations
Narendra Modi will stand up in front of a packed house at New Delhi’s imposing Vigyan Bhavan conference hall on Saturday and declare India on the cusp of a digital revolution. The prime minister will...
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Delayed oil projects total nears $400bn
Energy groups have shelved nearly $400bn of spending on new oil and gas projects since the crude price collapse, pushing back millions of barrels a day in future output from areas including the Gulf of...
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Lithium: Clean Energy
SQM, Chile’s biggest lithium producer, is the kind of company you might find in an industrial-espionage thriller. Its headquarters in the military district of Santiago bears no name. The man who for...
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Commodities slide triggers ‘freight recession’ on US rails
In the railways criss-crossing the western US farm belt, grain trains are so abundant you can’t give one away.Big agricultural commodity traders have been offering as much as $200 per covered hopper...
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Future farming relies on new technology
In the blue skies above a livestock farm in New Zealand, a drone flies over flocks of sheep. In the office below, Neil Gardyne, the family farm’s owner, uses the images to identify ewes that are...
View ArticleGlobalisation 2.0 — an optimistic outlook: Lionel Barber, Editor FT
Today, I have been invited to speak about Globalisation 2.0. This is both timely and appropriate because we are entering a new phase in the evolution of the world economy. I will look shortly at the...
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General Electric: Post-industrial revolution
General Electric’s latest technology for boosting manufacturing productivity is a gadget that feels like it would be more at home in an amusement arcade or theme park than in an industrial laboratory....
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Alcoa sees resilient global demand in 2016
©GettyAlcoa, the US aluminium group, expects global demand for the metal to grow 6 per cent this year, only slightly slower than 2015, in spite of the volatility in financial markets.Klaus Kleinfeld,...
View ArticleGold miners say output has peaked as losses reshape the industry
Gold output has peaked in this commodities cycle, according to mining industry leaders and analysts who say few big projects will reach the point of production amid falling prices.The lack of new...
View ArticleE-Commerce in India: Local heroes
PERSONAL service goes, few big retailers can match the tailor-made offerings of India’s 15m or so tiny, family-owned shops known as kiranas. In addition to selling all manner of goods, most are happy...
View ArticleFlexible cinema seat pricing may be a force to be reckoned with
After a fallow 2014, Hollywood last year released a plethora of blockbuster movies: between them, the new James Bond, Marvel Avengers and The Hunger Games films, Jurassic World and the Pixar smash...
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Global gas market braced for price war
Could Gazprom be about to start a price war in the global gas market?With the prospect of a wave of US liquefied natural gas (LNG) supplies starting to hit the market later this year, energy investors...
View ArticleSaudi Arabia: Succession failures
THE grand mufti of Saudi Arabia recently added a surprising new item to the familiar list of worries plaguing his region. Chess, he pronounced, is “a waste of time and money and a cause for hatred and...
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Daimler forecasts lower growth for 2016
Daimler has forecast slowing growth in 2016 after record sales of Mercedes-Benz cars powered the German company to its highest ever full-year revenues and earnings.The Stuttgart-based car, truck and...
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Oil producers retool for lower prices
The aftershocks of Opec’s decision not to reduce output in November 2014 and allow the market to rebalance itself are still being felt, with prices falling below $30 a barrel in January.The downturn in...
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Facebook cashes in on digital advertising
At first glance, there might appear to be plenty to cheer about for most companies in the digital advertising business. At $137bn excluding China, according to Magna Global, their industry grew last...
View ArticleThe Lurking Crisis of Bank Deposits: George Friedman
The Italian banking crisis has moved to its next inevitable stage. European institutions have started to struggle with the question of whether and how to protect deposits in Italian banks. Italy...
View ArticleThe End of the New Normal: Mohd. El-Erian
Just when the notion that Western economies are settling into a “new normal” of low growth gained mainstream acceptance, doubts about its continued relevance have begun to emerge. Instead, the world...
View ArticleWelcome to the new oil order
The airwaves and Twitter are full of commentary about how Saudi Arabia, the rest of Opec and Russia can balance the market by cutting production and raising prices.The idea that these traditional...
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Indian coal goes from shortage to glut
Coal India, the giant state-controlled mining group, has succeeded in boosting output by tens of millions of tonnes a year as part of the Modi government’s reforms — only to find its customers...
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