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The Economist

Hindenburg’s critique of the Adani empire

Editor’s note (January 27th 2026): Since this story was published on January 26th, the share price of Adani Enterprises has fallen by more than 15%. … Read More

Chairperson Of Indian Conglomerate Adani Group, Gautam Adani, Speaks At The World Congress Of Accountants In Mumbai On November 19, 2022. (Photo By Indranil Mukherjee / Afp) (Photo By Indranil Mukherjee/Afp Via Getty Images)
Business

Argentina and Brazil propose a bizarre common currency

Argentina is running out of vaults. With annual inflation nearing 100%, as the central bank prints bills to cover the government’s fiscal deficit, local banks … Read More

Brazilian President Luiz Inacio Lula Da Silva (L) And Argentine President Alberto Fernandez (R) Shake Hands Before A Meeting At The Casa Rosada Presidential Palace In Buenos Aires On January 23, 2023. - Brazil'S President Luiz Inacio Lula Da Silva Began His First International Tour Last Sunday With A Visit To Argentina And Uruguay With The Aim Of Restoring Regional Leadership To Brazil After The Management Of The Far-Right Jair Bolsonaro. (Photo By Esteban Collazo / Argentinian Presidency / Afp) / Restricted To Editorial Use - Mandatory Credit &Quot;Afp Photo / Argentinian Presidency / Esteban Collazo&Quot; - No Marketing No Advertising Campaigns - Distributed As A Service To Clients (Photo By Esteban Collazo/Argentinian Presidency/Afp Via Getty Images)
Business

A short-seller rattles Gautam Adani’s empire

From meagre beginnings in the 1980s, Gautam Adani has emerged as India’s richest citizen. Now, in just a few days, the foundations of his sprawling … Read More

2D0N97D Indian Billionaire Gautam Adani Speaks During An Interview With Reuters At His Office In The Western Indian City Of Ahmedabad April 2, 2014. The Way Billionaire Indian Infrastructure-Builder Adani Sees It, Working With The Government Does Not Make Him A Crony-Capitalist. Adani'S Rapid Ascent To The Top Tier Of Indian Business Is Often Associated With The Rise Of Narendra Modi, The Hindu Nationalist Opposition Leader Widely Expected To Become India'S Next Prime Minister Once The Country'S Election Ends Next Month. Its Flagship Adani Enterprises Soared 22.9 Percent For Its Biggest Daily Gain On
Business

When professional stockpickers beat the algorithms

Last year’s plunging markets left few investors smiling. Stocks and bonds fell in tandem; haven assets failed to offer safe harbour. Doing well meant making … Read More

When Professional Stockpickers Beat The Algorithms
Business

The curse of the corporate headshot

Do an image search for the word “business” or “manager”, and what comes back? Nothing that remotely resembles business or managers. It isn’t just that … Read More

The Curse Of The Corporate Headshot
Business

What inflation means for the Big Mac index

For much of the past two years, economists have argued fiercely about prices. As inflation in America and elsewhere has exceeded central-bank targets, analysts have … Read More

A Man Working For Mcdonald'S Delivery Service Rides A Motorcycle In Tokyo'S Taito District On March 26, 2019. (Photo By Charly Triballeau / Afp) (Photo Credit Should Read Charly Triballeau/Afp Via Getty Images)
Business

Elliott and fellow activist investors take on big tech

FOR BOSSES and boards, dealing with the odd activist shareholder is par for the course. Contending with a swarm of such gadflies is unusual. Last … Read More

2Cnd110 Paul Singer, Founder, Ceo, And Co-Chief Investment Officer For Elliott Management Corporation, Speaks During The Skybridge Alternatives (Salt) Conference In Las Vegas, Nevada May, 9, 2012. Reuters/Steve Marcus/File Photo
Business

Christians fight about how to serve God and mammon

Is it possible to manage money successfully and be a virtuous Christian? For 2,000-odd years, followers of the world’s largest religion have debated the issue. … Read More

A Church Official With The Collection Box At The Church Of St Andrew Bobola In Hammersmith, West London. There Is A Large Polish Community In This Area Which Is A Centre For Polish Emigre Cultural Life In The City. Prior To 2004 Many Polish Churches Were Struggling Financially, But With The Influx Of New Arrivals They Have Found A New Lease Of Life And This Church Now Has To Hold Several Services Each Sunday To Cope With Demand.
Business

Can Amazon deliver again?

IT IS HARD not to be in awe of Amazon. It is one of history’s greatest companies. Jeff Bezos nurtured the firm from the humble … Read More

Can Amazon Deliver Again?
Business

Have economists misunderstood inflation?

Imagine it is late 2024. Inflation in the rich world has fallen from its peak but stayed stubbornly high. At around 4%, it is well … Read More

Have Economists Misunderstood Inflation?
Business
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