Deglobalization Round-Up: July 21
July 21, 2023HP is shifting production away from China, while AMD wants to rely less on TSMC. Meanwhile, Moscow seizes the assets of Danone and Carlsberg, a US Congress panel examines US VC deals with China, and lawmakers scrutinize the Ford-CATL tie-up. Plus, the rise and fall of Globocorp.
The Week That’s Done: Chinese takeovers, Sequoia splits
June 11, 2023Italy is reckoning with Chinese corporate influence — but damage can be hard to undo, and interventions now can prove too little too late. Just ask Pirelli. Meanwhile, Saudi Arabia’s production cut sweetens business for some and slashes profits for others, Sequoia splits three ways, and China flirts with deflation. Plus: more West Coast port uncertainty.