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Pharmaceuticals: Time for a simpler look


Injectable toxins, poison pills SPRING is in the air, and drugs firms are in a frenzy of dealmaking. Since January there have been $93.2 billion-worth of mergers and takeovers in the industry, reckons Thomson Reuters, an information provider, the busiest start to a year since 2009.

Succession planning: Chucking out the chosen one


Moyes sent on by Fergie: wrong sub WHEN Alexander the Great was 33 years old, legend goes, he wept because he had no worlds left to conquer.

Television in America: The bandit of broadcast

CHET KANOJIA, the founder of Aereo, wonders which actor will play him, when Hollywood makes a film about his startup disrupting the television industry.

Mobile telecoms in Pakistan: At last, 3G


Now we can really start shopping IN PAKISTAN, as in other poor parts of the world, mobile telecoms are vital to the country’s development, bypassing obstructive bureaucrats and bringing services directly to the masses—from banking to voter registration.

Airbnb versus hotels: Room for all, for now

EVEN as they lobby regulators to crack down on residential sharing services, hoteliers play down the threat such companies pose to their industry.

Correction: Coal

Our article on coal, “The fuel of the future, unfortunately” (April 19th), garbled the figures for the proportion of America’s electricity generated from coal.

Schumpeter: The ascent of brand man


G.K. CHESTERTON got it half right: when people stop believing in God they don’t believe in nothing. They believe in brands.

The sharing economy: Boom and backlash


AT LYFT’S base in Clara Street, in San Francisco, all is bustle. New staff are being shown the ropes.

Coal: The fuel of the future, unfortunately


WHAT more could one want? It is cheap and simple to extract, ship and burn. It is abundant: proven reserves amount to 109 years of current consumption, reckons BP, a British energy giant.

Made in Spain: A pressing issue


These are Spanish, not Italian THE French government once scuttled a possible foreign bid for Danone, a big dairy firm, on the ground that it was a national industrial “jewel”.

Peugeot’s revival plan: Striving for the podium

THE Peugeot group (PSA) won the Marrakech World Touring Car Championship on April 13th, with Citroën C-Elysées coming first, second and third.

Schumpeter: Munk’s tale


YOU can’t be right all the time. In a 1995 profile of Peter Munk, the founder of Barrick Gold, a mining giant, The Economist concluded that the biggest problem facing the company was who would replace him as boss.

Technology firms: Status shift

GOOGLE splashed out an undisclosed sum of money on April 14th to buy Titan Aerospace, whose solar-powered drones it plans to use to help deliver wireless internet access to remote parts of the world.

Business in Russia: From bad to worse


My other car is not a Lada BEFORE the current standoff between the Kremlin and the West over Ukraine, it was already clear that Russia’s economic model, of strong energy exports fuelling domestic consumption, was running out of steam.

Business in the UAE: Improving the desert climate

FOREIGN investment is flooding back, the malls are filling with shoppers and deals are being struck: business in the United Arab Emirates is booming once again.

Business aviation: Fasten seat belts


Nope, not big enough IT IS hard to think of a product for which China is as promising a market as it is for business jets.

Holcim and Lafarge: Into the mixer


THE announcement this week that the world’s two biggest cement-makers by revenues are planning a merger of equals has thrust a huge but unglamorous industry into an unaccustomed spotlight.

Indian drugmakers: Sun takes a shine to Ranbaxy

RANBAXY has brought Daiichi Sankyo nothing but trouble. The Japanese drugmaker paid $4.6 billion for Ranbaxy in 2008.

Schumpeter: Hidden gems


“CASH IN THE ATTIC” is one of the jewels in the BBC’s crown: “The show that turns hidden treasures into cash and viewers’ dreams into reality”.

Online business and security: Digital heart attack


A bug at the heart of e-business THE Heartbleed bug sounds like a nasty coronary condition. But it is in fact a software flaw that has left up to two-thirds of the world’s websites vulnerable to attack by hackers.


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