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Poonawalla family’s Serum Institute under pressure to deliver Covid-19 vaccines

Serum Institute of India, the second-generation Poonawalla family business and the world's largest manufacturer of vaccines by volume, has delivered half of the agreed 10 million Oxford-AstraZeneca doses from India to the United Kingdom, contributing to the delay of the UK’s vaccination programme.

If you listen closely to leading business figures from Asia, you get a sense for their economic fears and expectations. After visiting a leadership summit in Singapore, I am ever more convinced that we will be facing a new global Cold War, which will be fought over technology dominance. Europe needs to prepare for that.

How can family businesses not just survive, but thrive in an era of big data and automation? James Beech asks futurologists what the world will look like for families by the middle of the 21st century and how families, with their patient capital, can start shaping tomorrow today.

Ferrari is at a crossroads. The family-controlled supercar maker’s conundrum is laid bare at the end of an exhibition at the Design Museum in London that celebrates the marque’s 70th anniversary.

Google’s chairman is among several tech and media executives investing in an Uber-style app that provides helicopter services for New Yorkers.

Blade launched a year ago and flies users to destinations such as the Hamptons, Cape Cod or Martha’s Vineyard, as well as local airports. A single trip starts around $575.

Eric Schmidt, alongside Barry Diller and David Zaslavs has invested $6 million in the company, which was started with just $50,000. The latest investment values the company at $25 million.