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The Latest Breaking News from Bain Company

The British Founder Disrupting U.S. Home Services

Joseph Schwarzmann took a different path. After studying at Cambridge, consulting at Bain & Company on private equity deals in the home services sector, and enrolling at Harvard Business School, he became fixated on the gap between the technology available to office staff and what field technicians had access to.

International Business Times

Is Russia producing a year's worth of NATO ammunition in three months?

NATO Secretary General Mark Rutte has repeatedly said that Moscow’s annual ammunition production capacity is four times greater than that of the western alliance.

Euronews

Sing when you’re winning: how karaoke in cars heralds the triumph of Chinese firms

European manufacturers of electric vehicles are scrambling to match the technology of their Chinese rivals

The Guardian - UK

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Foreign Carmakers Strive For 'China Speed' To Stay In Race

In fluid synchronisation, dozens of robotic arms picked up metal parts and welded them onto vehicle beds, as car skeletons gradually took shape and progressed along an automated factory floor near the eastern Chinese city of Ningbo.

International Business Times

The UK’s top 100 places to work have been named – did yours make the list?

The results are varied, ranging from energy providers, to universities, to tech firms

The Independent UK

Plan for AI data center power usage or face the consequences, energy companies told

Energy companies are being warned to address AI data center power needs or risk losing out on big opportunities.

TechRadar

What France’s ‘McKinsey Gate’ scandal revealed about the four major types of consulting’s conflicts of interests

McKinsey & Company and other consulting firms have long faced criticisms for their involvement with governments. Investigative journalists and academics alike have flagged their growing influence, citing cases like the staggering expenses of up to £1 million per day on private consultants for the UK’s Covid-19 Test-and-Trace service, or the…

The Conversation

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Christope De Vusser is the first European to lead American giant Bain & Company—here's how he's leveraging AI tools to make consultants work 'smarter'

De Vusser shares his approach to achieving work-life balance, highlights his top art exhibitions and discusses the generative AI tools Bain employs to stay ahead in the industry.

Fortune

Luxury Brands Lure Chinese Shoppers Despite Slowdown

Sipping champagne and nibbling fried dumplings, Shanghai's rich and influential posed by Louis Vuitton signs at a runway afterparty -- a lavish affair designed to win customers in China's crucial market.

International Business Times

These are the Best Companies to Work in the United States This Year

Bain & Company leads an annual ranking by Glassdoor, followed by Nvidia. More about the list

Latin Times

Boards love CEO candidates with consulting experience—but there’s a catch

Fortune 500 companies are filled with CEOs who have consulting experience, but they also have other roles before they take the top job.

Fortune

Massive consulting firm Bain says 150 million jobs will go to older workers over the next decade

Baby boomers and Gen Xers aren't going anywhere—they'll make up more than 25% of the workforce by the end of the decade.

Fortune

When, how will air travel recover?

Global commercial air travel demand reached 90% of pre-Covid levels in May 2023, according to Bain & Company's Air Traffic Demand Forecast Model. A complete rebound is anticipated in the first half of 2024, primarily driven by the resumption of Chinese air travel. However, current recovery trends may be dampened…

Bangkok Post

Chinese police query Bain's Shanghai office staff - company spokesperson

Chinese police have visited U.S. management consultancy Bain Company's office in Shanghai and questioned staff there, a company spokesperson said on Wednesday without elaborating.

Reuters

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Birmingham Post

The 50 best UK companies to work for in 2023

Employment website Glassdoor has put together its list of the top businesses in the country to work for this year

Daily Mirror

Full list of 50 best workplaces in the UK - see if your company made the cut

The annual Glassdoor Best Places to Work list has been released and consultants Bain & Company have come out top with a rating of 4.7 out of 5 - see if your company ranks

The Times of India

India’s $50 billion fintech industry faces a tough 2023, Bain says

India’s $50 billion fintech industry will face hurdles in the form of tougher regulatory scrutiny and tighter liquidity leading to higher cost of capital for some companies next year, Rakesh Pozhath, partner at consulting firm Bain Company, said.

Fortune

The case for buying a new growth engine

While it can be tempting to build a new business from the ground up, new research strongly supports the case for M&A.

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Fortune

The age of unicorns is not over. Here’s why you shouldn’t count out tech’s growth equity investors

This class of tech investors has been battered by the market downturn–but their approach has permanently changed the financing of fast-growth innovation.

Bangkok Post

Internet economy set to generate $35bn in 2022

Thailand's internet economy is expected to rise 17% year-on-year to US$35 billion in gross merchandise value (GMV) in 2022, driven by e-commerce, eventually reaching $53 billion in 2025, according to the "e-Conomy SEA 2022" report by Google, Temasek and Bain & Company.

Bangkok Post

Uneven recovery hinders sector's growth

Thailand's e-commerce is expected to post US$23 billion in gross merchandise value (GMV) this year, up 18% year-on-year, but the growth is much smaller than the previous year, weighed down by economic headwinds, according to a new survey by Facebook parent firm Meta and consultancy Bain & Company.

The Guardian - UK

Ban Bain & Co from US government contracts, Joe Biden is urged

Labour peer calls on US president to follow UK in banning firm over misconduct in South Africa

Benzinga

These Are The Top Cannabis Executives Under 40: Here's Why

The Benzinga Cannabis Capital Conference in Chicago, September 13-14 will celebrate many things as always. This year's attendees have the opportunity to meet a group of young leaders of the industry who got into the emerging market at a young age and now have a lot to

The Guardian - UK

Bain & Co barred from UK government contracts over ‘grave misconduct’ in South Africa

Global management consultancy’s three-year ban follows pressure by ex- Labour minister Peter Hain

The Times of India

Pandemic keeps uber rich off charities, contribution drops from 18% to 11%: Report

NEW DELHI: In spite of a massive jump in the number of the uber rich and rich becoming richer, their contributions to charity continued to decline during the Covid-19 pandemic when a whopping 200 million-plus were forced into poverty, says a report.

People

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