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The Economist 13

This Week On The Economist 2019 no.13:

Elliott and Vivendi fight over Telecom Italia
Telecom italia is no stranger to shareholder feuds. On March 29th instability was expected to be on display once again at a general meeting. Shareholders were due to vote on a proposal by Vivendi to replace five directors put forward last May. The spat shows how corporate Italy is changing… 

A giant Chinese trainmaker hits the buffers abroad
In Springfield, Massachusetts, the arrival of a Chinese trainmaker has hit the buffers. It is not that Springfield has no history of trainmaking. crrc controls over 90% of the Chinese railway market—which also happens to be the world’s biggest. With its domestic business cornered, the company set its sights on expansion abroad to here…

Hyundai is falling behind its Japanese and Western rivals
In 20 years Hyundai Motor (which also controls Kia) went from being barely known to the world’s fifth-biggest carmaker by churning out decent if unexciting cars that were cheaper than similar ones produced by Japanese or Western competitors. Like Asan’s union offices, however, it has failed to keep up with the times….

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