For years, the West has criticised China for the blurred line between the state and business, but today even Western democracies are experiencing increasingly sophisticated forms of state influence over private companies. An analysis and a question

The consortium of Italian steelmakers is looking at the rolling mills in Genoa and Novi Ligure. But if the hot rolling mill shuts down, the integration that has held the former Ilva together for sixty years will fall apart. It is now up to the state to decide

The government has been looking for a buyer for months. But if Italy truly regards steel production as strategic, it must bear the cost of the transition itself. The European precedent set by the large Port Talbot plant