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Clive Palmer has pledged to spend at least $40 million on an advertising blitz for his United Australia Party (UAP) over the next five weeks, as he seeks to shape the Senate’s balance of power in the next Parliament. Mr Palmer estimated he would spend a total of $70 million on the UAP’s advertising campaign, having already spent more than $31...
Finland was crowned the happiest country in the world for the fifth consecutive year, with a score significantly ahead of its peers in the World Happiness Report 2022 ranking.
The World Economic Forum’s Global Risks Report 2022 reveals the top risks requiring urgent global action. The report reveals how much the cost of inaction far outweighs the cost of action, due to the COVID-19 pandemic. As leaders convene at the upcoming Davos Agenda 2022, this Risks report delivers a strong message...
Peloton has received a letter from an activist investor demanding that it fire its CEO and pursue a sale. Blackwells Capital, which has a stake of less than 5 per cent, has called for the departure of CEO and co-founder John Foley. The letter from Blackwells decried the CEO’s leadership, citing failed forecasting and inconsistent strategy, and...
Australia’s three major supermarkets, Woolworths, Coles and Aldi are beginning to roll out vaccine mandates in a major push by some of the country’s largest retailers to protect shoppers and staff from COVID-19. More than 250,000 workers across the three companies will need to be vaccinated to work in the companies' stores, distribution centres...
The recent surge in COVID-19 cases is exacerbating labour challenges at big US chains such as Starbucks, Chipotle, and McDonald’s, all of which have struggled to hire and retain workers throughout the pandemic. Workers are calling out sick in large numbers across the country, with an estimated 8.8 million employees reported not working because...
In March 2020, POLITICO asked more than 30 “smart, macro thinkers” to weigh in on COVID-19 and its long-term consequences. Their responses have allowed POLITICO to offer a 2022 guide to the various ways society will change, particularly in the areas of government, healthcare, the economy, and…
Mars has announced it will rebrand M&M’s, centred on the brand’s commitment to inclusion and global belonging. As another brand taking steps to increase societal impact, Forbes ponders whether it is time to pause and reflect on the need for brands to make such a shift and then promote…
It’s almost conventional wisdom right now that the news media is in a fast-moving crisis. With mainstream news sources collapsing, Americans are increasingly divided not only in what they read, but even what facts they choose to believe. How much worse will it get? Is there a way out? The changes in the media industry make it nearly impossible...
In this episode of The Economist Asks, Carl Bernstein, Pulitzer winning journalist who broke the Watergate Scandal, discusses how there has been a decline in trust in the media and his journey from…