| With many high-earning employees not expected back in the office full-time, the ‘home nesting’ that became a feature of the pandemic is set to continue - leading to sustained higher spending on home offices, gym equipment and renovations, a new report by McKinsey has found. Canada’s tiny Flair Airlines, which made headlines by handing Boeing a crucial order for 737 MAX jets last week, is forging growth plans inspired by the austerity that transformed Hungary’s Wizz Air into one of Europe’s largest carriers. BlackRock has warned companies that rely on nature or have an impact on natural habitats to publish a “no deforestation” policy and their strategy on biodiversity or face pushback from the asset manager at their annual meetings. On Tuesday, Chinese livestreaming e-commerce came under scrutiny. On Thursday, it was “deepfakes”. And earlier this month, Chinese authorities imposed fines on operators of community group buying platforms. We examine how the country is delivering on threats to rein in the internet economy.
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