Also on the daily podcast: the sorry state of America’s working-from-home capitals and how Pepsi won over one world region
Nicolas Puech had a 6% stake in the French fashion house. Then his stock went missing
Running a giant digital business is not as fun as it used to be
Our daily political update, featuring the stories that matter
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Its endless bureaucratic rules trap would-be reformers
The baijiu business is the latest to be struck by “involution”
Scott Bessent has a cunning plan
The world’s most fragmented financial industry faces dramatic change