China’s ailing property market, a significant drag on the national economy, might see a radical intervention in the form of local governments purchasing millions of unsold homes. This unprecedented move follows calls from the Communist Party leadership to address the mounting housing inventory. According to Bloomberg News, the State Council is currently gathering feedback from...
The Dutch East India Company, established in 1602, marks a pivotal moment in the history of global commerce and corporate evolution. Known by its Dutch abbreviation VOC (Vereenigde Oost-Indische Compagnie), it was not only the first company to issue publicly traded stock but also presented a novel blueprint for corporate structure that has influenced the...
The concept of the weekend as we know it today—two days of rest following five days of work—wasn’t always a given in the corporate and industrial world. Its widespread adoption can be traced back to a strategic move by Henry Ford in the 1920s. Ford, the founder of Ford Motor Company and a pioneer in...