So much for the concept of a “borderless world of business” espoused in 1990 by Japanese management consultant Kenichi Ohmae, a former senior partner of McKinsey. In his bestselling book, The Borderless World: Power and Strategy in the Interlinked Economy, Ohmae argued national borders had become less relevant to business than ever before. Ironically, US … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s national technology champion Huawei is poised to launch its first flagship phone that can run its own apps on a fully homegrown operating system, in the latest sign of how technology is splintering into … Read more
The estimated 10 billion-plus euro cost of the IRIS² program is nearly double initial projections. European officials also confirmed the sovereign satellite network won’t begin providing services to European government customers until 2030, three years later than the commission’s previous schedule. Rising costs and negotiations over how much governments and industry will pay for IRIS² … Read more
