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North Face has competed in the space outfitting mountain climbers and skiers. But the outdoor recreation brand is now hoping to become a significant player in the $185 billion streetwear market.
Airlines canceled some flights before a new 5G wireless service rolled out, even after Verizon and AT&T agreed to limit the signal around U.S. airports.
In 2021, airlines were on track to record more cases of air rage than in the past 30 years combined.
Electric vehicle growth will be responsible for more than 90% of demand for lithium by 2030. But today, the U.S. is far behind, with only 1% of global lithium being mined and processed in the USA.
Here's the rise and fall of some of the biggest brands from the 70s, 80s and 90s.
India is one of only a handful of nations that have sent probes to the moon and Mars. But the most impressive part of its space program is its cost-effectiveness
The Covid pandemic has strained global supply chains, causing freight backlogs that have driven up costs. Now, some companies are looking for longer-term solutions.
Today we’re donning our hard-hats and exploring the most expensive construction mistakes in the world
From mass tests to lockdowns, China is on high-alert to keep the coronavirus at bay ahead of the Winter Olympics. WSJ examines the zero-Covid strategy
Here's how chicken took over America.
Los Angeles consistently ranks among the most traffic-clogged cities in America. The county has been trying to reduce its traffic for decades and nothing has worked
What will some of 2022’s top themes and stories be? Tom Standage, editor of The Economist’s future-gazing annual, “The World Ahead 2022”, gives his prediction
From summits and peaks to sunsets on the beach, from sending the jump to overcoming the hump... 2021 was the year we came together.
In 2019, 9,478 Americans lost their lives from speeding, contributing to more than a quarter of all traffic fatalities in the year. Speed limits were created to avoid situations like this.
With a decades-long track record of making space a profitable business, Luxembourg is betting big on everything from space resources, satellites, and more.
Fresh numbers from the fall of 2021 suggest that rents will increase at a rapid pace in the coming years. That's a problem for Americans; many spend 30% or more of their income on rent.
The "theatrical window" has shrunk. But it’s still there.
The global Covid-19 vaccination campaign, the largest in history, has seen great triumphs and tragic failures. This is the inside story of how the worldwide battle to end the pandemic took shape.
In 2021, Ford stopped making cars in India. With the market there being mostly dominated by two-wheelers, Ford lost approximately $2 billion in its India business.
From gothic cathedrals abandoned in the grip of ancient plagues, to ultra-modern skyscrapers perilously over-run with squatters, mankind’s skylines are dotted with bizarre unfinished structures.
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“Even monkeys can fall from their trees.” – Japanese Proverb
Continuing our global learning journey, our next stop is Tokyo Japan. Founded, in 1603, this city was once a small fishing village called Edo. In 1890, it became Tokyo which means Eastern Capital in English.
In Tokyo, you will find the world’s busiest intersection, the Shibuya crossing where 2,500 people cross the intersection, every time the lights turn green. This city also holds the record for the most Michelin starred restaurants at 212 places to enjoy amazing food.
Tokyo is the most populous city in the world with 37 million people. Uniqueness is everywhere, even in vending machines, where you can buy hot meals, fresh produce, and even umbrellas. There is one vending machine in the city for every two people.
Have lost count on the many times I visited Tokyo to experience their modern retail industry. This picture is from the New Otani Hotel gardens, a favorite during multiple visits.
As the Japanese proverb that opened this summary reminds us, no matter how accomplished we become, you can always make a mistake. Overconfidence can lead to missteps. Life is one sweet ride and Japan provides many reminders on how to enjoy it.
Deloitte Global Retail Outlook 2024
After a prolonged period of suppressed consumer spending, macroeconomic and geopolitical uncertainty, and rapid changes in consumer behavior (among other things), the global retail industry stands at a crossroads; forced to make decisions about long term investments in new technology and business models while at the same time managing the rising cost of doing business and a decline in the spending power of consumers. - From Deloitte Insights Read more
The World's Top Flight Routes by Revenue
In 2024, a record 4.7 billion people are projected to travel by air—200 million more than in 2019. While revenues surged to an estimated $896 billion globally last year, airlines face extremely slim margins. On average, they made just $5.44 in net profit per passenger in 2023. Today, the industry faces pressures from high interest rates, supply chain woes, and steep infrastructure costs. - From Visual Capitalist
The World Ahead 2024: five stories to watch out for
From the biggest election year in history, to how to control AI and even taxis that fly, The Economist offers its annual look at the world ahead. Read more
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