CINXE.COM
AFP | Fortune
<!DOCTYPE html><html lang="en"><head><meta charSet="utf-8"/><meta name="viewport" content="width=device-width"/><title>AFP | Fortune</title><meta name="msapplication-TileColor" content="#ffc40d"/><meta name="theme-color" content="#FFFFFF"/><meta name="description" content="All article content is © Agence France-Presse. "/><meta name="keywords" content=""/><meta property="og:url" content="https://fortune.com/author/afp/"/><meta property="og:type" content="article"/><meta property="og:title" content="AFP"/><meta property="og:description" content="All article content is © Agence France-Presse. "/><meta property="og:site_name" content="Fortune"/><meta property="og:image" content=""/><meta property="og:width" content="1024"/><meta property="og:height" content="683"/><meta name="twitter:card" content="summary_large_image"/><meta name="twitter:title" content="AFP"/><meta name="twitter:description" content="All article content is © Agence France-Presse. "/><meta name="twitter:image" content=""/><meta name="twitter:url" content="https://fortune.com/author/afp/"/><meta property="fb:pages" content="56501027948"/><meta name="robots" content=""/><link rel="preconnect" href="https://www.google-analytics.com" crossorigin=""/><link rel="preconnect" href="https://www.googletagservices.com" crossorigin=""/><link rel="preconnect" href="https://ad.doubleclick.net" crossorigin=""/><link rel="preconnect" href="https://static.doubleclick.net" crossorigin=""/><link rel="preconnect" href="https://securepubads.g.doubleclick.net" crossorigin=""/><link rel="icon" href="/icons/favicons/favicon.ico"/><link rel="canonical" href="https://fortune.com/author/afp/"/><script id="json-schema" type="application/ld+json">{"@type":"ProfilePage","@context":["https://schema.org"],"publisher":{"@type":"NewsMediaOrganization","address":{"@type":"PostalAddress","addressCountry":{"@type":"Country","name":"US"},"addressLocality":"New York","addressRegion":"NY","postalCode":"10038","streetAddress":"40 Fulton Street"},"brand":{"@type":"Brand","name":"Fortune"},"founder":{"@type":"Person","name":"Henry Robinson Luce"},"foundingDate":"1929-02","legalName":"Fortune Media (USA) Corporation","logo":{"@type":"ImageObject","url":"https://fortune.com/static/media/logo.png"},"name":"Fortune","publishingPrinciples":"https://fortune.com/about-us/","sameAs":["https://en.wikipedia.org/wiki/Fortune_(magazine)","https://www.facebook.com/FortuneMagazine/","https://www.linkedin.com/company/fortune-magazine/","https://www.instagram.com/fortunemag/","https://www.pinterest.com/fortunemagazine/","https://twitter.com/FortuneMagazine/"],"url":"https://fortune.com/"},"@id":"https://fortune.com/author/afp/","mainEntity":{"@type":"Person","name":"AFP","url":"https://fortune.com/author/afp/","description":"<p>All article content is © Agence France-Presse.</p>\n"}}</script><script>window.dataLayer = window.dataLayer || []</script><link rel="preconnect" href="https://dev.visualwebsiteoptimizer.com"/><link rel="dns-prefetch" href="https://c.amazon-adsystem.com"/><link rel="preconnect" href="https://c.amazon-adsystem.com" crossorigin=""/><script async="" src="https://c.amazon-adsystem.com/aax2/apstag.js"></script><meta name="next-head-count" content="35"/><link rel="preload" href="/_next/static/media/a63f776f9c0a0ec4-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/53119eeb5d808e5d-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/f349898cee58fa09-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/b0f60f2bca7964f3-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/3de697d86e4445fe-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/c8771b905e084254-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/3a9e61bb4610dfff-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/ca1c7ba84c002e81-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/dfa93b9e43b68220-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><link rel="preload" href="/_next/static/media/1b1fe1d93189867c-s.p.woff2" as="font" type="font/woff2" crossorigin="anonymous" data-next-font="size-adjust"/><script id="vwoCode" async="" data-nscript="beforeInteractive">window._vwo_code || (function () { var account_id = 889363, version = 2.1, settings_tolerance = 2000, hide_element = '', hide_element_style = 'opacity:0 !important;filter:alpha(opacity=0) !important;background:none !important;transition:none !important;', /* DO NOT EDIT BELOW THIS LINE */ f = false, w = window, d = document, v = d.querySelector('#vwoCode'), cK = '_vwo_' + account_id + '_settings', cc = {}; try { var c = JSON.parse(localStorage.getItem('_vwo_' + account_id + '_config')); cc = c && typeof c === 'object' ? c : {} } catch (e) { } var stT = cc.stT === 'session' ? w.sessionStorage : w.localStorage; code = { nonce: v && v.nonce, use_existing_jquery: function () { return typeof use_existing_jquery !== 'undefined' ? use_existing_jquery : undefined }, library_tolerance: function () { return typeof library_tolerance !== 'undefined' ? library_tolerance : undefined }, settings_tolerance: function () { return cc.sT || settings_tolerance }, hide_element_style: function () { return '{' + (cc.hES || hide_element_style) + '}' }, hide_element: function () { if (performance.getEntriesByName('first-contentful-paint')[0]) { return '' } return typeof cc.hE === 'string' ? cc.hE : hide_element }, getVersion: function () { return version }, finish: function (e) { if (!f) { f = true; var t = d.getElementById('_vis_opt_path_hides'); if (t) t.parentNode.removeChild(t); if (e) (new Image).src = 'https://dev.visualwebsiteoptimizer.com/ee.gif?a=' + account_id + e } }, finished: function () { return f }, addScript: function (e) { var t = d.createElement('script'); t.type = 'text/javascript'; if (e.src) { t.src = e.src } else { t.text = e.text } v && t.setAttribute('nonce', v.nonce); d.getElementsByTagName('head')[0].appendChild(t) }, load: function (e, t) { var n = this.getSettings(), i = d.createElement('script'), r = this; t = t || {}; if (n) { i.textContent = n; d.getElementsByTagName('head')[0].appendChild(i); if (!w.VWO || VWO.caE) { stT.removeItem(cK); r.load(e) } } else { var o = new XMLHttpRequest; o.open('GET', e, true); o.withCredentials = !t.dSC; o.responseType = t.responseType || 'text'; o.onload = function () { if (t.onloadCb) { return t.onloadCb(o, e) } if (o.status === 200 || o.status === 304) { _vwo_code.addScript({ text: o.responseText }) } else { _vwo_code.finish('&e=loading_failure:' + e) } }; o.onerror = function () { if (t.onerrorCb) { return t.onerrorCb(e) } _vwo_code.finish('&e=loading_failure:' + e) }; o.send() } }, getSettings: function () { try { var e = stT.getItem(cK); if (!e) { return } e = JSON.parse(e); if (Date.now() > e.e) { stT.removeItem(cK); return } return e.s } catch (e) { return } }, init: function () { if (d.URL.indexOf('__vwo_disable__') > -1) return; var e = this.settings_tolerance(); w._vwo_settings_timer = setTimeout(function () { _vwo_code.finish(); stT.removeItem(cK) }, e); var t; if (this.hide_element() !== 'body') { t = d.createElement('style'); var n = this.hide_element(), i = n ? n + this.hide_element_style() : '', r = d.getElementsByTagName('head')[0]; t.setAttribute('id', '_vis_opt_path_hides'); v && t.setAttribute('nonce', v.nonce); t.setAttribute('type', 'text/css'); if (t.styleSheet) t.styleSheet.cssText = i; else t.appendChild(d.createTextNode(i)); r.appendChild(t) } else { t = d.getElementsByTagName('head')[0]; var i = d.createElement('div'); i.style.cssText = 'z-index: 2147483647 !important;position: fixed !important;left: 0 !important;top: 0 !important;width: 100% !important;height: 100% !important;background: white !important;display: block !important;'; i.setAttribute('id', '_vis_opt_path_hides'); i.classList.add('_vis_hide_layer'); t.parentNode.insertBefore(i, t.nextSibling) } var o = window._vis_opt_url || d.URL, s = 'https://dev.visualwebsiteoptimizer.com/j.php?a=' + account_id + '&u=' + encodeURIComponent(o) + '&vn=' + version; if (w.location.search.indexOf('_vwo_xhr') !== -1) { this.addScript({ src: s }) } else { this.load(s + '&x=true') } } }; w._vwo_code = code; code.init(); })(); </script><link rel="preload" href="/_next/static/css/0a172b79161e2285.css" as="style"/><link rel="stylesheet" href="/_next/static/css/0a172b79161e2285.css" data-n-g=""/><noscript data-n-css=""></noscript><script defer="" nomodule="" src="/_next/static/chunks/polyfills-c67a75d1b6f99dc8.js"></script><script defer="" src="/_next/static/chunks/6334.7d6a7489e4835282.js"></script><script src="/_next/static/chunks/webpack-92ee934c19fdd5e4.js" defer=""></script><script src="/_next/static/chunks/framework-295dec0b014b6772.js" defer=""></script><script src="/_next/static/chunks/main-e82d932976fcf5cd.js" defer=""></script><script src="/_next/static/chunks/pages/_app-39ce9ee1e5db187a.js" defer=""></script><script src="/_next/static/chunks/pages/author/%5Bname%5D-dd4303cb89b35bae.js" defer=""></script><script src="/_next/static/SWE82g4Jh2YpiTGvF7C5p/_buildManifest.js" defer=""></script><script src="/_next/static/SWE82g4Jh2YpiTGvF7C5p/_ssgManifest.js" defer=""></script><style data-styled="" data-styled-version="6.1.15">.jylYni{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;gap:4px;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;font-weight:600;text-align:center;line-height:150%;letter-spacing:0.5px;box-sizing:border-box;color:#111111;background-color:transparent;border:1px solid transparent;line-height:120%;position:relative;font-size:16px;text-transform:none;}/*!sc*/ .jylYni::after{border-style:solid;border-color:inherit;border-width:0 1.5px 1.5px 0;display:inline-block;padding:3px;width:9px;height:9px;content:'';-webkit-transform:rotate(-45deg);-moz-transform:rotate(-45deg);-ms-transform:rotate(-45deg);transform:rotate(-45deg);-webkit-transform:rotate(-45deg);margin-bottom:1px;margin-right:2px;margin-top:3px;width:9px;height:9px;}/*!sc*/ .jylYni:hover,.jylYni:focus{color:#007B9D;-webkit-text-decoration:underline;text-decoration:underline;}/*!sc*/ .jylYni:hover::after,.jylYni:focus::after,.jylYni:hover::before,.jylYni:focus::before{border-color:#007B9D;}/*!sc*/ .jylYni:focus{border:1px solid #007B9D;box-shadow:none;outline:none;}/*!sc*/ .jylYni:active{box-shadow:none;border:1px solid transparent;color:#666666;outline:none;}/*!sc*/ .jylYni:active::after,.jylYni:active::before{border-color:#666666;}/*!sc*/ .jylYni::after,.jylYni::before{border-color:#111111;}/*!sc*/ .jylYni:disabled{color:#666666;box-shadow:none;border:1px solid transparent;cursor:not-allowed;}/*!sc*/ .jylYni:disabled:hover,.jylYni:disabled:focus,.jylYni:disabled:active{color:#666666;border:1px solid transparent;box-shadow:none;-webkit-text-decoration:none;text-decoration:none;outline:none;}/*!sc*/ .jylYni:disabled:hover::after,.jylYni:disabled:focus::after,.jylYni:disabled:active::after{border-color:#666666;}/*!sc*/ .jylYni:disabled::after{border-color:#666666;}/*!sc*/ .jylYni::after{display:none;}/*!sc*/ .jylYni:hover::after,.jylYni:focus::after,.jylYni:active::after{display:none;}/*!sc*/ data-styled.g1[id="sc-d9a6b3c5-0"]{content:"jylYni,"}/*!sc*/ .kspHIT{cursor:pointer;-webkit-text-decoration:none;text-decoration:none;font-family:inherit;color:#111111;}/*!sc*/ .kspHIT.link{background-color:transparent;border:0;}/*!sc*/ .kspHIT:hover,.kspHIT:hover>*:not(.no-hover),.kspHIT:focus,.kspHIT:focus>*:not(.no-focus){color:#007B9D;-webkit-text-decoration:none;text-decoration:none;}/*!sc*/ .kspHIT:active,.kspHIT:active>*:not(.no-active){color:#666666;}/*!sc*/ .dlLwcj{cursor:pointer;-webkit-text-decoration:none;text-decoration:none;font-family:inherit;color:#111111;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;text-transform:uppercase;letter-spacing:0.5px;}/*!sc*/ .dlLwcj.link{background-color:transparent;border:0;}/*!sc*/ data-styled.g2[id="sc-19cc8fd2-0"]{content:"kspHIT,dlLwcj,"}/*!sc*/ .iknoDJ{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;margin-bottom:24px;-webkit-order:1;-ms-flex-order:1;order:1;}/*!sc*/ .iknoDJ >ul{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}/*!sc*/ @media (min-width: 48rem){.iknoDJ >ul{-webkit-align-items:start;-webkit-box-align:start;-ms-flex-align:start;align-items:start;}}/*!sc*/ @media (min-width: 90rem){.iknoDJ{-webkit-order:2;-ms-flex-order:2;order:2;margin-left:8px;}}/*!sc*/ data-styled.g3[id="sc-939609ec-0"]{content:"iknoDJ,"}/*!sc*/ .esXRgm{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}/*!sc*/ .esXRgm a{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;height:32px;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;width:32px;border:1px solid #111111;border-radius:50%;margin-right:4px;}/*!sc*/ .esXRgm a svg{width:12px;fill:#111111;}/*!sc*/ .esXRgm a:hover{border-color:#007B9D;}/*!sc*/ .esXRgm a:hover svg{fill:#007B9D;}/*!sc*/ .esXRgm a:active,.esXRgm a:focus{border-color:#666666;}/*!sc*/ .esXRgm a:active svg,.esXRgm a:focus svg{fill:#666666;}/*!sc*/ data-styled.g4[id="sc-939609ec-1"]{content:"esXRgm,"}/*!sc*/ .VSjGq{border-top:1px solid #D1D1D6;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;font-size:12px;letter-spacing:0.5px;line-height:12px;margin:var(--Footer-Margin) auto auto;max-width:90rem;}/*!sc*/ @media (min-width: 48rem){.VSjGq{margin:var(--Footer-Margin) -24px auto;width:calc(100% + 48px);}}/*!sc*/ @media (min-width: 80rem){.VSjGq{margin:var(--Footer-Margin) -48px auto;width:calc(100% + 96px);}}/*!sc*/ data-styled.g48[id="sc-f19f6d8d-0"]{content:"VSjGq,"}/*!sc*/ .lmdIU{padding:16px;display:-ms-grid;display:grid;-ms-grid-columns:repeat(1, auto);grid-template-columns:repeat(1, auto);}/*!sc*/ @media (min-width: 48rem){.lmdIU{gap:16px;-ms-grid-columns:repeat(3, auto);grid-template-columns:repeat(3, auto);padding:24px;}}/*!sc*/ @media (min-width: 90rem){.lmdIU{padding:24px 48px;}}/*!sc*/ data-styled.g49[id="sc-f19f6d8d-1"]{content:"lmdIU,"}/*!sc*/ .dybSZs{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}/*!sc*/ data-styled.g50[id="sc-f19f6d8d-2"]{content:"dybSZs,"}/*!sc*/ .hIkNXl{border-bottom:1px solid #D1D1D6;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;gap:16px;padding:16px 0;}/*!sc*/ .hIkNXl:last-child{border-bottom:0;}/*!sc*/ @media (min-width: 48rem){.hIkNXl{padding:0;border-bottom:0;border-right:1px solid #D1D1D6;}.hIkNXl:nth-child(1){-ms-grid-column-span:2;grid-column-end:2;}.hIkNXl:nth-child(1),.hIkNXl:nth-child(2){-ms-grid-column:span 2;grid-column-start:span 2;}.hIkNXl:nth-child(3),.hIkNXl:nth-child(4),.hIkNXl:nth-child(5){-ms-grid-row:2;grid-row:2;}.hIkNXl:last-child,.hIkNXl:nth-child(2){border-right:0;}}/*!sc*/ @media (min-width: 90rem){.hIkNXl:nth-child(1),.hIkNXl:nth-child(2),.hIkNXl:nth-child(3),.hIkNXl:nth-child(4),.hIkNXl:nth-child(5){-ms-grid-row:1;grid-row:1;}.hIkNXl:nth-child(2){border-right:1px solid #D1D1D6;padding-right:16px;-ms-grid-column:span 4;grid-column-start:span 4;}}/*!sc*/ .hIkNXl.sections .sc-f19f6d8d-2{display:-ms-grid;display:grid;-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;-ms-grid-columns:repeat(3, auto);grid-template-columns:repeat(3, auto);-ms-grid-rows:repeat(2, auto);grid-template-rows:repeat(2, auto);-webkit-align-items:flex-start;-webkit-box-align:flex-start;-ms-flex-align:flex-start;align-items:flex-start;}/*!sc*/ @media (min-width: 48rem){.hIkNXl.sections .sc-f19f6d8d-2{-ms-grid-columns:repeat(5, 20%);grid-template-columns:repeat(5, 20%);}}/*!sc*/ @media (min-width: 64rem){.hIkNXl.sections .sc-f19f6d8d-2{-ms-grid-columns:repeat(5, auto);grid-template-columns:repeat(5, auto);}}/*!sc*/ .hIkNXl.rankings .sc-f19f6d8d-2{display:-ms-grid;display:grid;-ms-grid-columns:repeat(2, 50%);grid-template-columns:repeat(2, 50%);-ms-grid-rows:1fr;grid-template-rows:1fr;}/*!sc*/ @media (min-width: 48rem){.hIkNXl.rankings .sc-f19f6d8d-2{-ms-grid-columns:repeat(2, auto);grid-template-columns:repeat(2, auto);}}/*!sc*/ data-styled.g51[id="sc-f19f6d8d-3"]{content:"hIkNXl,"}/*!sc*/ .hZBwau{color:#E4121A;font-size:16px;font-weight:500;letter-spacing:1px;line-height:24px;}/*!sc*/ @media (min-width: 48rem){.hZBwau{margin-top:0px;margin-bottom:0px;}}/*!sc*/ data-styled.g52[id="sc-f19f6d8d-4"]{content:"hZBwau,"}/*!sc*/ .cEViLJ{border-bottom:1px solid #D1D1D6;border-top:1px solid #D1D1D6;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;padding:24px 16px;}/*!sc*/ @media (min-width: 48rem){.cEViLJ{padding:24px;}}/*!sc*/ @media (min-width: 90rem){.cEViLJ{-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;padding:24px 48px;}}/*!sc*/ data-styled.g53[id="sc-f19f6d8d-5"]{content:"cEViLJ,"}/*!sc*/ .dWumMM{color:#666666;font-size:12px;font-weight:400;letter-spacing:1px;line-height:18px;-webkit-order:2;-ms-flex-order:2;order:2;}/*!sc*/ .dWumMM a{color:#007B9D;-webkit-text-decoration:underline;text-decoration:underline;}/*!sc*/ .dWumMM a:hover,.dWumMM a:hover>*:not(.no-hover),.dWumMM a:focus,.dWumMM a:focus>*:not(.no-focus){-webkit-text-decoration:none;text-decoration:none;}/*!sc*/ .dWumMM a:active,.dWumMM a:active>*:not(.no-active){-webkit-text-decoration:underline;text-decoration:underline;color:#666666;}/*!sc*/ .dWumMM p{margin:0px;}/*!sc*/ @media (min-width: 90rem){.dWumMM{-webkit-order:1;-ms-flex-order:1;order:1;}}/*!sc*/ data-styled.g54[id="sc-f19f6d8d-6"]{content:"dWumMM,"}/*!sc*/ .fWvSQY{font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;font-size:12px;font-weight:500;line-height:16px;list-style:none;display:-ms-grid;display:grid;gap:16px;}/*!sc*/ data-styled.g55[id="sc-4ebe8201-0"]{content:"fWvSQY,"}/*!sc*/ @media (min-width: 48rem){.iZowab{white-space:nowrap;overflow:hidden;text-overflow:ellipsis;}}/*!sc*/ .iZowab >a{letter-spacing:1px;-webkit-text-decoration:none;text-decoration:none;}/*!sc*/ data-styled.g56[id="sc-4ebe8201-1"]{content:"iZowab,"}/*!sc*/ .cavswr.drawer-toggle{display:none;}/*!sc*/ .cavswr.drawer-toggle:checked~.drawer-menu{visibility:visible;left:0;overflow:hidden;}/*!sc*/ .cavswr.drawer-toggle:checked~.overlay{visibility:visible;opacity:0.5;}/*!sc*/ data-styled.g57[id="sc-25daf897-0"]{content:"cavswr,"}/*!sc*/ .iWXKXT.hamburger-toggle{display:block;width:30px;height:30px;cursor:pointer;margin-right:16px;position:relative;}/*!sc*/ @media (min-width: 64rem){.iWXKXT.hamburger-toggle{margin-right:24px;}}/*!sc*/ .iWXKXT.hamburger-toggle svg{-webkit-transition:all .2s ease-in-out;transition:all .2s ease-in-out;width:30px;height:30px;}/*!sc*/ .iWXKXT.hamburger-toggle:hover svg{fill:#666666;-webkit-transition:all .2s ease-in-out;transition:all .2s ease-in-out;}/*!sc*/ .iWXKXT.hamburger-toggle:focus svg,.iWXKXT.hamburger-toggle:active svg{fill:#666666;}/*!sc*/ .iWXKXT.close-menu{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:flex-start;-webkit-box-align:flex-start;-ms-flex-align:flex-start;align-items:flex-start;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;cursor:pointer;position:relative;width:27px;height:23px;}/*!sc*/ @media (min-width: 48rem){.iWXKXT.close-menu{height:40px;width:33px;}}/*!sc*/ .iWXKXT.close-menu:active:before,.iWXKXT.close-menu:focus:before,.iWXKXT.close-menu:focus-within:before,.iWXKXT.close-menu:active:after,.iWXKXT.close-menu:focus:after,.iWXKXT.close-menu:focus-within:after{background-color:#D1D1D6;}/*!sc*/ .iWXKXT.close-menu:hover:before,.iWXKXT.close-menu:hover:after{background-color:#007B9D;}/*!sc*/ .iWXKXT.close-menu::before{margin:auto;content:'';-webkit-mask:url("/icons/svg/close-icon.svg") no-repeat center center;mask:url("/icons/svg/close-icon.svg") no-repeat center center;display:block;background-color:#666666;width:18px;height:19px;-webkit-mask-size:18px 19px;mask-size:18px 19px;background-color:#111111;}/*!sc*/ @media (min-width: 48rem){.iWXKXT.close-menu::before{content:'';-webkit-mask:url("/icons/svg/close-icon.svg") no-repeat center center;mask:url("/icons/svg/close-icon.svg") no-repeat center center;display:block;background-color:#666666;width:23px;height:22px;-webkit-mask-size:23px 22px;mask-size:23px 22px;background-color:#111111;}}/*!sc*/ data-styled.g60[id="sc-25daf897-3"]{content:"iWXKXT,"}/*!sc*/ .iMBdxX{height:40px;width:200px;-webkit-animation:opacity 2.5s both;animation:opacity 2.5s both;background-color:#F2F2F2;background-image:linear-gradient( 90deg, #66666600 20%, #6666661A 50%, #66666600 80% );-webkit-background-size:600px;background-size:600px;-webkit-background-position:0 0;background-position:0 0;}/*!sc*/ @-webkit-keyframes opacity{0%{opacity:1;}50%{opacity:0;}100%{opacity:1;}}/*!sc*/ @keyframes opacity{0%{opacity:1;}50%{opacity:0;}100%{opacity:1;}}/*!sc*/ data-styled.g63[id="sc-7b315448-0"]{content:"iMBdxX,"}/*!sc*/ .jpmrha{margin:0 auto;height:56px;display:-ms-grid;display:grid;-ms-grid-auto-flow:column;grid-auto-flow:column;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;padding:0;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;font-weight:600;border-bottom:1px solid #F2F2F2;}/*!sc*/ @media (min-width: 48rem){.jpmrha{padding:0 24px;}}/*!sc*/ @media (min-width: 64rem){.jpmrha{font-size:20px;line-height:24px;}}/*!sc*/ @media (min-width: 80rem){.jpmrha{max-width:1345px;padding:0 48px;}}/*!sc*/ @media (min-width: 90rem){.jpmrha{padding:unset;}}/*!sc*/ .jpmrha.own,.jpmrha.europe,.jpmrha.asia,.jpmrha.education,.jpmrha.recommends{-ms-grid-columns:1fr 140px 1fr;grid-template-columns:1fr 140px 1fr;}/*!sc*/ .jpmrha.crypto,.jpmrha.well{-ms-grid-columns:1fr 307px 1fr;grid-template-columns:1fr 307px 1fr;}/*!sc*/ data-styled.g74[id="sc-3213081d-0"]{content:"jpmrha,"}/*!sc*/ .kwSTEc{display:none;}/*!sc*/ @media (min-width: 48rem){.kwSTEc{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}}/*!sc*/ data-styled.g75[id="sc-3213081d-1"]{content:"kwSTEc,"}/*!sc*/ .diyYJC{display:none;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;cursor:pointer;}/*!sc*/ .diyYJC >label{color:#111111;font-size:20px;cursor:pointer;margin:auto;}/*!sc*/ .diyYJC >label:hover{color:#666666;}/*!sc*/ @media (min-width: 48rem){.diyYJC{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}}/*!sc*/ data-styled.g76[id="sc-3213081d-2"]{content:"diyYJC,"}/*!sc*/ .kbgTHx{text-align:center;display:none;}/*!sc*/ .kbgTHx svg{height:32px;}/*!sc*/ .kbgTHx .recommends-logo{width:380px;}/*!sc*/ @media (min-width: 48rem){.kbgTHx{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}}/*!sc*/ data-styled.g77[id="sc-3213081d-3"]{content:"kbgTHx,"}/*!sc*/ .dsMMkP{display:none;-ms-grid-column-align:end;justify-self:end;position:relative;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;min-height:24px;}/*!sc*/ @media (min-width: 48rem){.dsMMkP{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;}}/*!sc*/ .dsMMkP .account-placeholder{position:absolute;margin:auto;top:0;bottom:0;right:0;}/*!sc*/ .dsMMkP .subscribe-link{text-transform:uppercase;max-height:38px;}/*!sc*/ @media (min-width: 48rem){.dsMMkP .subscribe-link{padding:8px 16px;margin-left:24px;}}/*!sc*/ @media (min-width: 64rem){.dsMMkP .subscribe-link{margin-left:40px;font-size:16px;}}/*!sc*/ .dsMMkP .sign-in-button{margin:0;margin-left:16px;-webkit-text-decoration:none;text-decoration:none;color:#111111;}/*!sc*/ .dsMMkP .sign-in-button:hover{-webkit-text-decoration:none;text-decoration:none;color:#666666;}/*!sc*/ .dsMMkP .sign-in-button:active{color:#666666;}/*!sc*/ @media (min-width: 48rem){.dsMMkP .sign-in-button{margin-right:16px;}}/*!sc*/ @media (min-width: 64rem){.dsMMkP .sign-in-button{font-size:20px;margin-left:24px;margin-right:0;}}/*!sc*/ data-styled.g78[id="sc-3213081d-4"]{content:"dsMMkP,"}/*!sc*/ .eUrVDN{background:#FFFFFF;will-change:transform;position:-webkit-sticky;position:sticky;top:var(--cc-sbillboard-min-height, var(--ld-height, 0));-webkit-transform:translateZ(0);-moz-transform:translateZ(0);-ms-transform:translateZ(0);transform:translateZ(0);z-index:9999;height:80px;isolation:isolate;}/*!sc*/ @media (min-width: 48rem){.eUrVDN{height:56px;margin:0 auto;width:100%;}}/*!sc*/ data-styled.g80[id="sc-5a5ea9c0-0"]{content:"eUrVDN,"}/*!sc*/ .JaWRi{background-color:#FFFFFF;max-height:100vh;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;position:relative;}/*!sc*/ .JaWRi .menu-list{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;gap:24px;padding:24px 0;position:relative;}/*!sc*/ @-webkit-keyframes slide-in{0%{-webkit-transform:translateX(100%);-moz-transform:translateX(100%);-ms-transform:translateX(100%);transform:translateX(100%);}100%{-webkit-transform:translateX(0);-moz-transform:translateX(0);-ms-transform:translateX(0);transform:translateX(0);}}/*!sc*/ @keyframes slide-in{0%{-webkit-transform:translateX(100%);-moz-transform:translateX(100%);-ms-transform:translateX(100%);transform:translateX(100%);}100%{-webkit-transform:translateX(0);-moz-transform:translateX(0);-ms-transform:translateX(0);transform:translateX(0);}}/*!sc*/ @-webkit-keyframes slide-out{0%{-webkit-transform:translateX(0);-moz-transform:translateX(0);-ms-transform:translateX(0);transform:translateX(0);}100%{-webkit-transform:translateX(-100%);-moz-transform:translateX(-100%);-ms-transform:translateX(-100%);transform:translateX(-100%);}}/*!sc*/ @keyframes slide-out{0%{-webkit-transform:translateX(0);-moz-transform:translateX(0);-ms-transform:translateX(0);transform:translateX(0);}100%{-webkit-transform:translateX(-100%);-moz-transform:translateX(-100%);-ms-transform:translateX(-100%);transform:translateX(-100%);}}/*!sc*/ @-webkit-keyframes slide-out-right{0%{-webkit-transform:translateX(-100%);-moz-transform:translateX(-100%);-ms-transform:translateX(-100%);transform:translateX(-100%);}100%{-webkit-transform:translateX(0);-moz-transform:translateX(0);-ms-transform:translateX(0);transform:translateX(0);}}/*!sc*/ @keyframes slide-out-right{0%{-webkit-transform:translateX(-100%);-moz-transform:translateX(-100%);-ms-transform:translateX(-100%);transform:translateX(-100%);}100%{-webkit-transform:translateX(0);-moz-transform:translateX(0);-ms-transform:translateX(0);transform:translateX(0);}}/*!sc*/ .JaWRi .menu-list.not-open .submenu{position:absolute;left:100%;width:100%;display:none;}/*!sc*/ @media (min-width: 64rem){.JaWRi .menu-list.not-open .submenu{left:375px;}}/*!sc*/ .JaWRi .menu-list.not-open .level-0{width:100%;right:0;-webkit-animation:slide-out-right 0.3s;animation:slide-out-right 0.3s;-webkit-animation-timing-function:ease-in;animation-timing-function:ease-in;}/*!sc*/ .JaWRi .menu-list.open .level-0{width:100%;right:100vw;-webkit-animation:slide-out 0.3s;animation:slide-out 0.3s;-webkit-animation-timing-function:ease-in;animation-timing-function:ease-in;display:none;}/*!sc*/ @media (min-width: 64rem){.JaWRi .menu-list.open .level-0{right:375px;}}/*!sc*/ .JaWRi .menu-list.open .submenu{position:absolute;left:100%;width:100%;}/*!sc*/ .JaWRi .menu-list.open .active+.submenu{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;gap:24px;left:0;-webkit-animation:slide-in 0.3s;animation:slide-in 0.3s;-webkit-animation-timing-function:ease-in;animation-timing-function:ease-in;}/*!sc*/ .JaWRi .menu-list.open .active+.submenu .level-0.active{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;right:0;}/*!sc*/ .JaWRi .menu-list.open .active+.submenu .level-1{padding-left:27px;}/*!sc*/ .JaWRi .menu-list.open .active+.submenu .level-1 .menu-link{font-size:18px;font-weight:600;}/*!sc*/ .JaWRi .menu-list.open .submenu-head{-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;}/*!sc*/ .JaWRi .menu-list.open .submenu-head a:not(:only-child){color:#111111;position:relative;margin-left:10px;-webkit-flex:none;-ms-flex:none;flex:none;}/*!sc*/ .JaWRi .menu-list.open .submenu-head a:not(:only-child)::after{content:"";position:absolute;left:0;width:100%;right:0px;bottom:-5px;height:2px;background:#E4121A;}/*!sc*/ .JaWRi .menu-list.open .submenu-head .arrow{border-color:#111111;}/*!sc*/ .JaWRi .menu-list.open .submenu-head .arrow :hover{border-color:#666666;}/*!sc*/ data-styled.g81[id="sc-ba89f8ca-0"]{content:"JaWRi,"}/*!sc*/ .eGLRYI{height:100%;width:100%;position:fixed;top:0;left:-100%;background-color:#FFFFFF;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;z-index:100002;padding:0 16px;visibility:hidden;}/*!sc*/ .eGLRYI a:hover{color:#666666;}/*!sc*/ .eGLRYI .close-menu:hover:before{background-color:#666666;}/*!sc*/ .eGLRYI .links-menu{margin:0 20px;overflow:hidden auto;scrollbar-width:none;height:calc(100vh - 195px);}/*!sc*/ .eGLRYI .links-menu::-webkit-scrollbar{display:none;}/*!sc*/ .eGLRYI.open{left:0;visibility:visible;}/*!sc*/ @media (min-width: 48rem){.eGLRYI{width:100%;left:-100%;padding:0 24px 24px;}}/*!sc*/ @media (min-width: 64rem){.eGLRYI{max-width:375px;left:-375px;}}/*!sc*/ .eGLRYI .extra-padding{padding-bottom:64px;}/*!sc*/ @supports (height: 100svh){.eGLRYI{height:100%;}.eGLRYI .extra-padding{padding-bottom:0;}}/*!sc*/ data-styled.g86[id="sc-bafb0ca3-0"]{content:"eGLRYI,"}/*!sc*/ .hNRzgj{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;position:-webkit-sticky;position:sticky;background-color:#FFFFFF;top:0;left:20px;padding-top:16px;padding-bottom:8px;z-index:9999;-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;border-bottom:1px solid #D1D1D6;min-height:70px;}/*!sc*/ @media (min-width: 48rem){.hNRzgj{padding-top:24px;}}/*!sc*/ data-styled.g87[id="sc-bafb0ca3-1"]{content:"hNRzgj,"}/*!sc*/ @media (max-width: 47.95rem){.kqGBoi{border-top:1px solid #F2F2F2;background-color:#FFFFFF;position:-webkit-sticky;position:sticky;bottom:16px;padding-top:5px;z-index:9999;}.kqGBoi.education{bottom:60px;}.kqGBoi .subscribe-link{text-transform:uppercase;font-size:16px;font-weight:600;}}/*!sc*/ data-styled.g88[id="sc-bafb0ca3-2"]{content:"kqGBoi,"}/*!sc*/ .fdzxUs{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;}/*!sc*/ .fdzxUs .close-menu{margin-right:24px;}/*!sc*/ data-styled.g90[id="sc-bafb0ca3-4"]{content:"fdzxUs,"}/*!sc*/ .eWOJhr{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;}/*!sc*/ data-styled.g91[id="sc-bafb0ca3-5"]{content:"eWOJhr,"}/*!sc*/ .rDExI{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;width:100%;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;}/*!sc*/ .rDExI .link{font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;font-weight:500;font-size:16px;margin-left:32px;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;text-transform:uppercase;}/*!sc*/ .rDExI .search-button{cursor:pointer;}/*!sc*/ .rDExI .search-button:hover label::before{background-color:#666666;}/*!sc*/ .rDExI .search-button label{cursor:pointer;}/*!sc*/ .rDExI .search-button label::before{content:'';-webkit-mask:url("/icons/svg/search-icon.svg") no-repeat center center;mask:url("/icons/svg/search-icon.svg") no-repeat center center;display:block;background-color:#666666;width:24px;height:24px;-webkit-mask-size:24px 24px;mask-size:24px 24px;background-color:#111111;}/*!sc*/ .rDExI .mobile-logo .logo{height:24px;cursor:pointer;}/*!sc*/ .rDExI .mobile-logo .crypto-logo{height:24px;width:170px;}/*!sc*/ .rDExI .mobile-logo .well-logo{height:24px;width:178px;cursor:pointer;}/*!sc*/ .rDExI .mobile-logo .recommends-logo{height:16px;width:200px;cursor:pointer;}/*!sc*/ .rDExI .mobile-logo .education-logo{height:16px;cursor:pointer;}/*!sc*/ @media (min-width: 48rem){.rDExI .mobile-logo{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}}/*!sc*/ @media (min-width: 48rem){.rDExI{-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;width:100%;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}}/*!sc*/ data-styled.g92[id="sc-bafb0ca3-6"]{content:"rDExI,"}/*!sc*/ .iqCsYT{z-index:100001;position:fixed;inset:0;background-color:#111111;opacity:0;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;visibility:hidden;}/*!sc*/ data-styled.g93[id="sc-bafb0ca3-7"]{content:"iqCsYT,"}/*!sc*/ .fQTwdH{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;position:relative;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;color:#111111;-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;line-height:120%;font-weight:600;font-size:20px;}/*!sc*/ .fQTwdH a{-webkit-flex:1;-ms-flex:1;flex:1;color:#111111;text-transform:uppercase;}/*!sc*/ .fQTwdH >a:only-child{margin-right:20px;}/*!sc*/ .eVBxUw{display:-webkit-inline-box;display:-webkit-inline-flex;display:-ms-inline-flexbox;display:inline-flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;position:relative;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;color:#111111;-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;line-height:120%;font-weight:500;font-size:20px;}/*!sc*/ .eVBxUw a{-webkit-flex:1;-ms-flex:1;flex:1;color:#111111;text-transform:uppercase;}/*!sc*/ .eVBxUw >a:only-child{margin-right:20px;}/*!sc*/ data-styled.g94[id="sc-1ff8631d-0"]{content:"fQTwdH,eVBxUw,"}/*!sc*/ .imMFPG{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;cursor:pointer;padding:8px;margin:-8px;}/*!sc*/ .imMFPG .arrow{border-style:solid;border-color:inherit;border-width:0 1.5px 1.5px 0;display:inline-block;padding:3px;width:9px;height:9px;content:'';-webkit-transform:rotate(-45deg);-moz-transform:rotate(-45deg);-ms-transform:rotate(-45deg);transform:rotate(-45deg);-webkit-transform:rotate(-45deg);margin-bottom:1px;margin-right:2px;margin-top:3px;border-color:#111111;padding:5px;border-width:0 3px 3px 0;margin-top:0;}/*!sc*/ .imMFPG:hover .arrow{border-color:#666666;}/*!sc*/ .imMFPG:focus .arrow{border-color:#666666;}/*!sc*/ .imMFPG.right{-webkit-transform:rotate(-180deg);-moz-transform:rotate(-180deg);-ms-transform:rotate(-180deg);transform:rotate(-180deg);}/*!sc*/ data-styled.g96[id="sc-1ff8631d-2"]{content:"imMFPG,"}/*!sc*/ .hmUVNN{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;gap:16px;}/*!sc*/ .hmUVNN>li:last-child>ul{right:0;left:unset;}/*!sc*/ @media (min-width: 64rem){.hmUVNN>li:last-child>ul{right:unset;left:0;}}/*!sc*/ @media (max-width: 47.95rem){.hmUVNN{-webkit-box-align:center;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:justify;-webkit-box-pack:justify;-webkit-justify-content:space-between;justify-content:space-between;padding-left:16px;white-space:nowrap;scrollbar-width:none;overflow:scroll hidden;}.hmUVNN::-webkit-scrollbar{display:none;}}/*!sc*/ data-styled.g97[id="sc-e1317978-0"]{content:"hmUVNN,"}/*!sc*/ .kszLfE{background:#FFFFFF;padding:16px;box-shadow:0px 25px 20px -20px #11111110;}/*!sc*/ .kszLfE:not(.no-margin){margin:0 auto 24px 0;}/*!sc*/ @media (min-width: 48rem){.kszLfE:not(.no-margin){margin:0 auto 32px 0;}}/*!sc*/ @media (min-width: 64rem){.kszLfE:not(.no-margin){margin:0 auto 40px 0;}}/*!sc*/ data-styled.g98[id="sc-e1317978-1"]{content:"kszLfE,"}/*!sc*/ .lpebxx{position:absolute;width:100%;height:18px;background:transparent;}/*!sc*/ data-styled.g99[id="sc-e1317978-2"]{content:"lpebxx,"}/*!sc*/ .etbNxl{position:relative;display:inline-block;padding:0 8px;}/*!sc*/ @media (min-width: 64rem){.etbNxl:hover >ul,.etbNxl:focus-within >ul{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;left:0;}}/*!sc*/ .etbNxl:hover>a::after{content:"";position:absolute;left:0px;right:0px;bottom:-1px;height:2px;background:#E4121A;}/*!sc*/ data-styled.g100[id="sc-e1317978-3"]{content:"etbNxl,"}/*!sc*/ .kZwfFk{font-style:normal;font-weight:600;font-size:16px;}/*!sc*/ .kZwfFk.selected::after{content:"";position:absolute;left:0px;right:0px;bottom:-1px;height:2px;background:#E4121A;}/*!sc*/ data-styled.g101[id="sc-e1317978-4"]{content:"kZwfFk,"}/*!sc*/ .caAsTT{display:none;min-width:236px;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;position:absolute;z-index:11;background-color:#FFFFFF;padding:16px;box-shadow:4px 4px 20px 0px #1111110d;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;top:calc(100% + 16px);}/*!sc*/ .caAsTT>li:first-child{border-top:0;padding-top:0;}/*!sc*/ .caAsTT.open{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;min-width:230px;}/*!sc*/ .caAsTT .submenu-link{display:inline-block;}/*!sc*/ .caAsTT .submenu-link:hover{color:#666666;}/*!sc*/ data-styled.g102[id="sc-216aa589-0"]{content:"caAsTT,"}/*!sc*/ .cjnuov{width:100%;text-align:left;padding-top:8px;}/*!sc*/ .cjnuov .submenu-link{font-weight:600;line-height:150%;text-transform:uppercase;font-size:16px;letter-spacing:0.5px;}/*!sc*/ data-styled.g103[id="sc-216aa589-1"]{content:"cjnuov,"}/*!sc*/ .cBTbqy{background-color:#FFFFFF;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;width:100%;text-align:center;}/*!sc*/ .cBTbqy:empty{min-height:0;height:0;}/*!sc*/ .cBTbqy.leaderboard--sticky{position:-webkit-sticky;position:sticky;z-index:9999;top:0;}/*!sc*/ .cBTbqy.leaderboard--sticky>div{position:-webkit-sticky;position:sticky;}/*!sc*/ @media (min-width: 20rem){.cBTbqy{min-height:110px!important;}}/*!sc*/ @media (min-width: 48rem){.cBTbqy{min-height:161px!important;}}/*!sc*/ @media (min-width: 64rem){.cBTbqy{min-height:300px!important;}}/*!sc*/ data-styled.g121[id="sc-598c3945-0"]{content:"cBTbqy,"}/*!sc*/ .dnBpwI{margin:auto;overflow:clip;}/*!sc*/ @media (min-width: 48rem){.dnBpwI{padding:0px 24px;}}/*!sc*/ @media (min-width: 80rem){.dnBpwI{padding:0px 48px;}}/*!sc*/ @media (min-width: 90rem){.dnBpwI{max-width:1440px;}}/*!sc*/ data-styled.g123[id="sc-598c3945-2"]{content:"dnBpwI,"}/*!sc*/ .dEnIaI{width:300px;min-height:250px;position:none;top:0px;padding-top:0px;}/*!sc*/ data-styled.g131[id="sc-ae55e816-7"]{content:"dEnIaI,"}/*!sc*/ .jLaGwN{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:end;-ms-flex-pack:end;-webkit-justify-content:end;justify-content:end;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;width:100%;height:600px;pointer-events:none;position:fixed;bottom:0;left:0;right:0;z-index:99999;}/*!sc*/ .jLaGwN iframe{pointer-events:auto;}/*!sc*/ data-styled.g150[id="sc-34036c4b-0"]{content:"jLaGwN,"}/*!sc*/ .fMbRpW{font-weight:600;line-height:120%;color:#111111;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;letter-spacing:0.5px;font-size:3rem;}/*!sc*/ @media (min-width: 48rem){.fMbRpW{font-size:3.75rem;}}/*!sc*/ @media (min-width: 90rem){.fMbRpW{font-size:6rem;}}/*!sc*/ data-styled.g152[id="sc-3358ecfd-0"]{content:"fMbRpW,"}/*!sc*/ .rsHZl{display:-ms-grid;display:grid;-ms-grid-columns:70fr 30fr;grid-template-columns:70fr 30fr;-ms-grid-rows:auto 60px 1fr;grid-template-rows:auto 60px 1fr;}/*!sc*/ .rsHZl .author-hero{grid-area:1/1/2/2;}/*!sc*/ .rsHZl .sidebar{grid-area:1/2/4/3;}/*!sc*/ .rsHZl .author-pages{grid-area:2/1/3/2;}/*!sc*/ .rsHZl .articles{grid-area:3/1/4/2;}/*!sc*/ .rsHZl .infinite-scroll-button-spinner{grid-area:4/1/4/2;}/*!sc*/ .rsHZl .infinite-scroll-button-spinner .show-more{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;margin-right:auto;margin-left:auto;margin-bottom:24px;}/*!sc*/ .rsHZl .infinite-scroll-button-spinner .show-more.hidden{visibility:hidden;pointer-events:none;}/*!sc*/ .rsHZl .infinite-scroll-button-spinner .spinning-loader{margin:auto;margin-bottom:48px;}/*!sc*/ @media (max-width: 71.95rem){.rsHZl{-ms-grid-columns:100fr;grid-template-columns:100fr;}}/*!sc*/ data-styled.g361[id="sc-3254b5f8-0"]{content:"rsHZl,"}/*!sc*/ .IkGHl{margin-left:48px;margin-top:48px;}/*!sc*/ @media (max-width: 71.95rem){.IkGHl{display:none;}}/*!sc*/ .IkGHl .side-ad{margin-bottom:48px;}/*!sc*/ data-styled.g362[id="sc-3254b5f8-1"]{content:"IkGHl,"}/*!sc*/ .hrXUrP{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;width:95%;}/*!sc*/ @media (min-width: 48rem){.hrXUrP{-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;-webkit-box-flex-wrap:wrap;-webkit-flex-wrap:wrap;-ms-flex-wrap:wrap;flex-wrap:wrap;}}/*!sc*/ @media (min-width: 64rem){.hrXUrP{width:100%;}}/*!sc*/ data-styled.g364[id="sc-25d82a6f-0"]{content:"hrXUrP,"}/*!sc*/ .kKpOzl{letter-spacing:-0.75px;text-align:center;margin-bottom:8px;margin-top:48px;}/*!sc*/ @media (min-width: 48rem){.kKpOzl{letter-spacing:-1px;text-align:left;}}/*!sc*/ @media (min-width: 90rem){.kKpOzl{letter-spacing:-1.5px;line-height:115px;width:100%;}}/*!sc*/ data-styled.g365[id="sc-25d82a6f-1"]{content:"kKpOzl,"}/*!sc*/ .ixuikc{-webkit-flex:1;-ms-flex:1;flex:1;line-height:150%;color:#111111;letter-spacing:0.5px;font-weight:400;font-family:var(--graphik-compact),Graphik Compact,Arial Narrow,Helvetica neue Condensed,sans-serif;font-size:1rem;margin:0 0 16px 16px;}/*!sc*/ .ixuikc a{color:#007B9D;}/*!sc*/ .ixuikc a:hover{color:#666666;}/*!sc*/ .ixuikc p{margin-top:17px;margin-bottom:17px;}/*!sc*/ .ixuikc em,.ixuikc i{font-style:italic;}/*!sc*/ .ixuikc b,.ixuikc strong{font-weight:500;}/*!sc*/ @media (min-width: 64rem){.ixuikc{margin:0 0 16px 0;}}/*!sc*/ data-styled.g367[id="sc-25d82a6f-3"]{content:"ixuikc,"}/*!sc*/ .jOarcs ul.social-list{color:#111111;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex:1 1 100%;-ms-flex:1 1 100%;flex:1 1 100%;-webkit-flex-direction:column;-ms-flex-direction:column;flex-direction:column;font-family:var(--graphik-cond),Graphik Cond,Arial Narrow,Helvetica neue Condensed,sans-serif;font-weight:500;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:flex-start;justify-content:flex-start;margin:8px 0 16px 16px;}/*!sc*/ .jOarcs ul.social-list svg{width:18px;height:18px;margin-right:8px;margin-bottom:-1.5px;fill:#111111;}/*!sc*/ .jOarcs ul.social-list a{color:#111111;-webkit-text-decoration:none;text-decoration:none;}/*!sc*/ .jOarcs ul.social-list .social{-webkit-box-pack:left;-ms-flex-pack:left;-webkit-justify-content:left;justify-content:left;margin-top:24px;padding-right:32px;}/*!sc*/ @media (min-width: 48rem){.jOarcs ul.social-list .social{margin-top:0;}}/*!sc*/ @media (min-width: 80rem){.jOarcs ul.social-list .social{padding-right:32px;}}/*!sc*/ .jOarcs ul.social-list .social:first-child{margin:0;}/*!sc*/ @media (min-width: 48rem){.jOarcs ul.social-list{-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;margin-left:0px;}}/*!sc*/ data-styled.g368[id="sc-25d82a6f-4"]{content:"jOarcs,"}/*!sc*/ </style></head><body dir="auto" class=""><div id="__next"><div class="__variable_40b425 __variable_75b0c8 __variable_cdc833"><div class="sc-598c3945-0 cBTbqy"></div><input type="checkbox" id="drawer-toggle" class="sc-25daf897-0 cavswr drawer-toggle" aria-label="Toggle Menu"/><div id="header-wrapper-id" data-cy="header" class="sc-5a5ea9c0-0 eUrVDN"><header class="sc-3213081d-0 jpmrha own"><div class="sc-3213081d-1 kwSTEc"><label for="drawer-toggle" class="sc-25daf897-3 iWXKXT hamburger-toggle" aria-label="Open menu" data-cy="burger-button" tabindex="0"><svg width="30" height="25" viewBox="0 0 30 25" fill="#111111" xmlns="http://www.w3.org/2000/svg"><rect y="0.378418" width="30" height="4"></rect><rect y="10.3784" width="30" height="4"></rect><rect y="20.3784" width="30" height="4"></rect></svg></label><div class="sc-3213081d-2 diyYJC own" tabindex="0" role="button" data-cy="searchButton"><label for="queryly_toggle">SEARCH</label></div></div><div class="sc-3213081d-3 kbgTHx own"><a href="https://fortune.com/" target="_self" data-cy="logo" aria-label="Homepage" class="sc-19cc8fd2-0 kspHIT"><svg id="a" class="logo" aria-hidden="true" data-cy="fortune-logo" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 381.65 96.68"><g id="b"><polygon points="342.81 1.33 342.81 95.35 381.65 95.35 381.65 79.43 358.74 79.43 358.74 55.04 373.51 55.04 373.51 39.12 358.74 39.12 358.74 17.25 381.65 17.25 381.65 1.33 342.81 1.33"></polygon><polygon points="311.29 1.33 311.29 52.6 295.18 1.33 279.25 1.33 279.25 95.35 295.18 95.35 295.18 49.29 309.58 95.35 327.22 95.35 327.22 1.33 311.29 1.33"></polygon><path d="M248.25,1.33V74.57c0,3.41-2.77,6.18-6.18,6.18s-6.18-2.77-6.18-6.18V1.33h-15.93V74.57c0,12.21,9.9,22.11,22.11,22.11s22.11-9.9,22.11-22.11V1.33h-15.93Z"></path><polygon points="206.83 1.33 162.7 1.33 162.7 17.25 176.8 17.25 176.8 95.35 192.73 95.35 192.73 17.25 206.83 17.25 206.83 1.33"></polygon><path d="M155.4,95.35h-16.46l-11.77-44.65s10.13-1.82,10.13-12.6v-14.69c0-3.41-2.76-6.17-6.16-6.17h-6.12V95.35h-15.93V1.33h22.04c11.88,0,21.54,9.38,22.05,21.12h.05v15.37h-.05c0,9.28-3.04,15.97-8.59,20.23l10.82,37.3Z"></path><path d="M49.13,22.11v52.47c0,12.21,9.9,22.11,22.11,22.11s22.11-9.9,22.11-22.11V22.1c0-12.21-9.89-22.1-22.1-22.1h0c-12.21,0-22.11,9.9-22.11,22.11m15.93,52.47V22.11c0-3.41,2.77-6.18,6.18-6.18h.02c3.4,0,6.16,2.76,6.16,6.16v52.48c0,3.41-2.77,6.18-6.18,6.18s-6.18-2.77-6.18-6.18"></path><polygon points="0 1.33 0 95.35 15.93 95.35 15.93 55.04 30.69 55.04 30.69 39.12 15.93 39.12 15.93 17.25 38.83 17.25 38.83 1.33 0 1.33"></polygon></g></svg></a></div><div class="sc-3213081d-4 dsMMkP own"><div class="sc-7b315448-0 iMBdxX account-placeholder"></div></div></header></div><div class="sc-e1317978-1 kszLfE"><ul data-cy="topicNavigation" class="sc-e1317978-0 hmUVNN"><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own styled-custom-link" data-cy="home" tabindex="0" aria-label="Go to Home">Home</a><div class="sc-e1317978-2 lpebxx"></div></li><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/the-latest/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own styled-custom-link" data-cy="news" tabindex="0" aria-label="Go to News">News</a><div class="sc-e1317978-2 lpebxx"></div></li><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/ranking/fortune500/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own showSubmenu styled-custom-link" data-cy="fortune-500" tabindex="0" aria-label="Go to Fortune 500">Fortune 500</a><div class="sc-e1317978-2 lpebxx"></div><ul data-cy="submenu-fortune-500" class="sc-216aa589-0 caAsTT"><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/asia/ranking/southeast-asia-500/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to FORTUNE SEA 500">FORTUNE SEA 500</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/europe/ranking/fortune500-europe/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Fortune 500 Europe">Fortune 500 Europe</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/ranking/global500/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Fortune Global 500">Fortune Global 500</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://www.fortunechina.com/fortune500/c/2023-07/25/content_436290.htm" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Fortune China 500">Fortune China 500</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/ranking/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to More Rankings">More Rankings</a></li></ul></li><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/section/tech/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own showSubmenu styled-custom-link" data-cy="tech" tabindex="0" aria-label="Go to Tech">Tech</a><div class="sc-e1317978-2 lpebxx"></div><ul data-cy="submenu-tech" class="sc-216aa589-0 caAsTT"><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/tag/artificial-intelligence/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to AI">AI</a></li></ul></li><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/section/finance/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own showSubmenu styled-custom-link" data-cy="finance" tabindex="0" aria-label="Go to Finance">Finance</a><div class="sc-e1317978-2 lpebxx"></div><ul data-cy="submenu-finance" class="sc-216aa589-0 caAsTT"><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/section/personal-finance/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Personal Finance">Personal Finance</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/tag/real-estate/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Real Estate">Real Estate</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/crypto/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Crypto">Crypto</a></li></ul></li><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/section/leadership/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own showSubmenu styled-custom-link" data-cy="leadership" tabindex="0" aria-label="Go to Leadership">Leadership</a><div class="sc-e1317978-2 lpebxx"></div><ul data-cy="submenu-leadership" class="sc-216aa589-0 caAsTT"><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/section/success/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Success">Success</a></li></ul></li><li class="sc-e1317978-3 etbNxl own"><a href="https://fortune.com/section/lifestyle/" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own showSubmenu styled-custom-link" data-cy="lifestyle" tabindex="0" aria-label="Go to Lifestyle">Lifestyle</a><div class="sc-e1317978-2 lpebxx"></div><ul data-cy="submenu-lifestyle" class="sc-216aa589-0 caAsTT"><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/section/arts-and-entertainment/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Arts & Entertainment">Arts & Entertainment</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/section/travel-and-leisure/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Travel & Leisure">Travel & Leisure</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/well/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Well">Well</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/education/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Education">Education</a></li></ul></li><li class="sc-e1317978-3 etbNxl own"><a href="#" target="_self" class="sc-19cc8fd2-0 dlLwcj sc-e1317978-4 kZwfFk own showSubmenu styled-custom-link" data-cy="multimedia" tabindex="0" aria-label="Go to Multimedia">Multimedia</a><div class="sc-e1317978-2 lpebxx"></div><ul data-cy="submenu-multimedia" class="sc-216aa589-0 caAsTT"><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/conferences" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Live Media">Live Media</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/magazine/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Magazine">Magazine</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/newsletters/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Newsletters">Newsletters</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/videos/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Video">Video</a></li><li class="sc-216aa589-1 cjnuov"><a href="https://fortune.com/podcasts/" target="_self" class="sc-19cc8fd2-0 kspHIT submenu-link" aria-label="Go to Podcasts">Podcasts</a></li></ul></li></ul></div><div class="sc-bafb0ca3-0 eGLRYI drawer-menu" data-cy="drawer-menu"><div class="sc-bafb0ca3-1 hNRzgj"><div class="sc-bafb0ca3-6 rDExI"><div class="sc-bafb0ca3-4 fdzxUs"><label for="drawer-toggle" id="drawer-toggle-button" class="sc-25daf897-3 iWXKXT close-menu" aria-label="Close menu" data-cy="closeButton" tabindex="0"></label><a href="https://fortune.com/" target="_self" class="sc-19cc8fd2-0 kspHIT mobile-logo" data-cy="logo" aria-label="Homepage"><svg id="a" class="logo" aria-hidden="true" data-cy="fortune-logo" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 381.65 96.68"><g id="b"><polygon points="342.81 1.33 342.81 95.35 381.65 95.35 381.65 79.43 358.74 79.43 358.74 55.04 373.51 55.04 373.51 39.12 358.74 39.12 358.74 17.25 381.65 17.25 381.65 1.33 342.81 1.33"></polygon><polygon points="311.29 1.33 311.29 52.6 295.18 1.33 279.25 1.33 279.25 95.35 295.18 95.35 295.18 49.29 309.58 95.35 327.22 95.35 327.22 1.33 311.29 1.33"></polygon><path d="M248.25,1.33V74.57c0,3.41-2.77,6.18-6.18,6.18s-6.18-2.77-6.18-6.18V1.33h-15.93V74.57c0,12.21,9.9,22.11,22.11,22.11s22.11-9.9,22.11-22.11V1.33h-15.93Z"></path><polygon points="206.83 1.33 162.7 1.33 162.7 17.25 176.8 17.25 176.8 95.35 192.73 95.35 192.73 17.25 206.83 17.25 206.83 1.33"></polygon><path d="M155.4,95.35h-16.46l-11.77-44.65s10.13-1.82,10.13-12.6v-14.69c0-3.41-2.76-6.17-6.16-6.17h-6.12V95.35h-15.93V1.33h22.04c11.88,0,21.54,9.38,22.05,21.12h.05v15.37h-.05c0,9.28-3.04,15.97-8.59,20.23l10.82,37.3Z"></path><path d="M49.13,22.11v52.47c0,12.21,9.9,22.11,22.11,22.11s22.11-9.9,22.11-22.11V22.1c0-12.21-9.89-22.1-22.1-22.1h0c-12.21,0-22.11,9.9-22.11,22.11m15.93,52.47V22.11c0-3.41,2.77-6.18,6.18-6.18h.02c3.4,0,6.16,2.76,6.16,6.16v52.48c0,3.41-2.77,6.18-6.18,6.18s-6.18-2.77-6.18-6.18"></path><polygon points="0 1.33 0 95.35 15.93 95.35 15.93 55.04 30.69 55.04 30.69 39.12 15.93 39.12 15.93 17.25 38.83 17.25 38.83 1.33 0 1.33"></polygon></g></svg></a></div><div class="sc-bafb0ca3-5 eWOJhr"><button class="sc-d9a6b3c5-0 jylYni search-button" type="button"><label for="queryly_toggle"></label></button></div></div></div><nav class="sc-ba89f8ca-0 JaWRi links-menu"><ul class="menu-list not-open" data-cy="menuMobile"><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-0"><a href="https://fortune.com/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Home</a></li><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-1"><a href="https://fortune.com/the-latest/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">News</a></li><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-2"><a href="https://fortune.com/ranking/fortune500/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">FORTUNE 500</a><button class="sc-1ff8631d-2 imMFPG arrow" type="button" data-cy="arrow-button"><span class="arrow"></span></button></li><ul class="sc-1ff8631d-1 ePLCMC submenu" data-cy="subMenuLevel0"><li class="sc-1ff8631d-0 fQTwdH submenu-head"><button class="sc-1ff8631d-2 imMFPG arrow right" type="button" data-cy="arrow-button"><span class="arrow"></span></button><a href="https://fortune.com/ranking/fortune500/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">FORTUNE 500</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/asia/ranking/southeast-asia-500/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">FORTUNE SEA 500</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/europe/ranking/fortune500-europe/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Fortune 500 Europe</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/ranking/global500/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Fortune Global 500</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://www.fortunechina.com/fortune500/c/2023-07/25/content_436290.htm" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Fortune China 500</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/ranking/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">More Rankings</a></li></ul><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-3"><a href="https://fortune.com/europe/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Europe</a></li><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-4"><a href="https://fortune.com/asia/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Asia</a></li><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-5"><a href="https://fortune.com/section/tech/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Tech</a><button class="sc-1ff8631d-2 imMFPG arrow" type="button" data-cy="arrow-button"><span class="arrow"></span></button></li><ul class="sc-1ff8631d-1 ePLCMC submenu" data-cy="subMenuLevel0"><li class="sc-1ff8631d-0 fQTwdH submenu-head"><button class="sc-1ff8631d-2 imMFPG arrow right" type="button" data-cy="arrow-button"><span class="arrow"></span></button><a href="https://fortune.com/section/tech/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Tech</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/tag/artificial-intelligence/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">AI</a></li></ul><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-6"><a href="https://fortune.com/section/finance/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Finance</a><button class="sc-1ff8631d-2 imMFPG arrow" type="button" data-cy="arrow-button"><span class="arrow"></span></button></li><ul class="sc-1ff8631d-1 ePLCMC submenu" data-cy="subMenuLevel0"><li class="sc-1ff8631d-0 fQTwdH submenu-head"><button class="sc-1ff8631d-2 imMFPG arrow right" type="button" data-cy="arrow-button"><span class="arrow"></span></button><a href="https://fortune.com/section/finance/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Finance</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/section/personal-finance/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Personal Finance</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/tag/real-estate/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Real Estate</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/crypto/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Crypto</a></li></ul><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-7"><a href="https://fortune.com/section/leadership/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Leadership</a><button class="sc-1ff8631d-2 imMFPG arrow" type="button" data-cy="arrow-button"><span class="arrow"></span></button></li><ul class="sc-1ff8631d-1 ePLCMC submenu" data-cy="subMenuLevel0"><li class="sc-1ff8631d-0 fQTwdH submenu-head"><button class="sc-1ff8631d-2 imMFPG arrow right" type="button" data-cy="arrow-button"><span class="arrow"></span></button><a href="https://fortune.com/section/leadership/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Leadership</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/section/success/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Success</a></li></ul><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-8"><a href="https://fortune.com/section/lifestyle/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Lifestyle</a><button class="sc-1ff8631d-2 imMFPG arrow" type="button" data-cy="arrow-button"><span class="arrow"></span></button></li><ul class="sc-1ff8631d-1 ePLCMC submenu" data-cy="subMenuLevel0"><li class="sc-1ff8631d-0 fQTwdH submenu-head"><button class="sc-1ff8631d-2 imMFPG arrow right" type="button" data-cy="arrow-button"><span class="arrow"></span></button><a href="https://fortune.com/section/lifestyle/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Lifestyle</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/section/arts-and-entertainment/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Arts & Entertainment</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/section/travel-and-leisure/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Travel & Leisure</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/well/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Well</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/education/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Education</a></li></ul><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-9"><a href="#" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Multimedia</a><button class="sc-1ff8631d-2 imMFPG arrow" type="button" data-cy="arrow-button"><span class="arrow"></span></button></li><ul class="sc-1ff8631d-1 ePLCMC submenu" data-cy="subMenuLevel0"><li class="sc-1ff8631d-0 fQTwdH submenu-head"><button class="sc-1ff8631d-2 imMFPG arrow right" type="button" data-cy="arrow-button"><span class="arrow"></span></button><a href="#" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Multimedia</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/conferences" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Live Media</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/magazine/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Magazine</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/newsletters/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Newsletters</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/videos/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Video</a></li><li class="sc-1ff8631d-0 eVBxUw level-1 active" data-cy="itemLink1" id="tab-undefined"><a href="https://fortune.com/podcasts/" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Podcasts</a></li></ul><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-10"><a href="https://fortune.com/analytics" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">Analytics</a></li><li class="sc-1ff8631d-0 fQTwdH level-0 " data-cy="itemLink0" id="tab-11"><a href="https://fortune.com/ceoi" target="_self" class="sc-19cc8fd2-0 kspHIT menu-link">CEO Initiative</a></li></ul></nav><div class="sc-bafb0ca3-2 kqGBoi"></div></div><div class="sc-bafb0ca3-7 iqCsYT overlay"></div><div class="sc-598c3945-2 dnBpwI"><main><div class="sc-3254b5f8-0 rsHZl"><div class="author-hero"><h1 class="sc-3358ecfd-0 sc-25d82a6f-1 fMbRpW kKpOzl">AFP</h1><div class="sc-25d82a6f-0 hrXUrP"><div class="sc-25d82a6f-3 ixuikc"><p>All article content is © Agence France-Presse.</p></div></div><div class="sc-25d82a6f-4 jOarcs"><ul class="social-list"></ul></div></div><div class="articles"></div><div class="infinite-scroll-button-spinner"></div><div class="sc-3254b5f8-1 IkGHl sidebar"><div class="sc-ae55e816-7 dEnIaI side-ad" data-cy="right-rail-ad"></div></div></div></main><footer class="sc-f19f6d8d-0 VSjGq"><nav data-cy="footer-navigation" class="sc-f19f6d8d-1 lmdIU"><div class="sc-f19f6d8d-3 hIkNXl rankings" data-cy="footer-navigation-link-wrapper"><div data-cy="footer-navigation-section-title" class="sc-f19f6d8d-4 hZBwau">Rankings</div><div class="sc-f19f6d8d-2 dybSZs"><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/best-companies/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to 100 Best Companies" class="sc-19cc8fd2-0 kspHIT">100 Best Companies</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/fortune500/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Fortune 500" class="sc-19cc8fd2-0 kspHIT">Fortune 500</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/global500/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Global 500" class="sc-19cc8fd2-0 kspHIT">Global 500</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/europe/ranking/fortune500-europe/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Fortune 500 Europe" class="sc-19cc8fd2-0 kspHIT">Fortune 500 Europe</a></li></ul><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/most-powerful-women/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Most Powerful Women" class="sc-19cc8fd2-0 kspHIT">Most Powerful Women</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/future-50/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Future 50" class="sc-19cc8fd2-0 kspHIT">Future 50</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/worlds-most-admired-companies/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to World’s Most Admired Companies" class="sc-19cc8fd2-0 kspHIT">World’s Most Admired Companies</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ranking/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to See All Rankings" class="sc-19cc8fd2-0 kspHIT">See All Rankings</a></li></ul></div></div><div class="sc-f19f6d8d-3 hIkNXl sections" data-cy="footer-navigation-link-wrapper"><div data-cy="footer-navigation-section-title" class="sc-f19f6d8d-4 hZBwau">Sections</div><div class="sc-f19f6d8d-2 dybSZs"><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/finance/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Finance" class="sc-19cc8fd2-0 kspHIT">Finance</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/leadership/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Leadership" class="sc-19cc8fd2-0 kspHIT">Leadership</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/success/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Success" class="sc-19cc8fd2-0 kspHIT">Success</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/tech/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Tech" class="sc-19cc8fd2-0 kspHIT">Tech</a></li></ul><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/asia/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Asia" class="sc-19cc8fd2-0 kspHIT">Asia</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/europe/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Europe" class="sc-19cc8fd2-0 kspHIT">Europe</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/environment/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Environment" class="sc-19cc8fd2-0 kspHIT">Environment</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/crypto/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Fortune Crypto" class="sc-19cc8fd2-0 kspHIT">Fortune Crypto</a></li></ul><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/health/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Health" class="sc-19cc8fd2-0 kspHIT">Health</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/well/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Well" class="sc-19cc8fd2-0 kspHIT">Well</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/retail/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Retail" class="sc-19cc8fd2-0 kspHIT">Retail</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/lifestyle/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Lifestyle" class="sc-19cc8fd2-0 kspHIT">Lifestyle</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/politics/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Politics" class="sc-19cc8fd2-0 kspHIT">Politics</a></li></ul><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/newsletters/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Newsletters" class="sc-19cc8fd2-0 kspHIT">Newsletters</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/magazine/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Magazine" class="sc-19cc8fd2-0 kspHIT">Magazine</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/features/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Features" class="sc-19cc8fd2-0 kspHIT">Features</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/commentary/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Commentary" class="sc-19cc8fd2-0 kspHIT">Commentary</a></li></ul><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/mpw/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to MPW" class="sc-19cc8fd2-0 kspHIT">MPW</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/ceoi" target="_self" data-cy="footer-navigation-link" aria-label="footer link to CEO Initiative" class="sc-19cc8fd2-0 kspHIT">CEO Initiative</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/conferences/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Conferences" class="sc-19cc8fd2-0 kspHIT">Conferences</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/section/personal-finance/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Personal Finance" class="sc-19cc8fd2-0 kspHIT">Personal Finance</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/education/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Education" class="sc-19cc8fd2-0 kspHIT">Education</a></li></ul></div></div><div class="sc-f19f6d8d-3 hIkNXl customer" data-cy="footer-navigation-link-wrapper"><div data-cy="footer-navigation-section-title" class="sc-f19f6d8d-4 hZBwau">Customer Support</div><div class="sc-f19f6d8d-2 dybSZs"><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/customerservice/#faq" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Frequently Asked Questions" class="sc-19cc8fd2-0 kspHIT">Frequently Asked Questions</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/customerservice/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Customer Service Portal" class="sc-19cc8fd2-0 kspHIT">Customer Service Portal</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/privacy-policy/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Privacy Policy" class="sc-19cc8fd2-0 kspHIT">Privacy Policy</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/terms-of-use/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Terms of Use" class="sc-19cc8fd2-0 kspHIT">Terms of Use</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://order.emags.com/fortune_single_issues" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Single Issues for Purchase" class="sc-19cc8fd2-0 kspHIT">Single Issues for Purchase</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/international-print-magazine-only-subscribers/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to International Print" class="sc-19cc8fd2-0 kspHIT">International Print</a></li></ul></div></div><div class="sc-f19f6d8d-3 hIkNXl commercial" data-cy="footer-navigation-link-wrapper"><div data-cy="footer-navigation-section-title" class="sc-f19f6d8d-4 hZBwau">Commercial Services</div><div class="sc-f19f6d8d-2 dybSZs"><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://brand-studio.fortune.com/fortune-brand-studio/fbs-portfolio/?prx_t=Q4gFAAAAAAovEQA" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Fortune Brand Studio" class="sc-19cc8fd2-0 kspHIT">Fortune Brand Studio</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/analytics" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Fortune Analytics" class="sc-19cc8fd2-0 kspHIT">Fortune Analytics</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/conferences" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Fortune Conferences" class="sc-19cc8fd2-0 kspHIT">Fortune Conferences</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/advertising/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Advertising" class="sc-19cc8fd2-0 kspHIT">Advertising</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/business-development/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Business Development" class="sc-19cc8fd2-0 kspHIT">Business Development</a></li></ul></div></div><div class="sc-f19f6d8d-3 hIkNXl about" data-cy="footer-navigation-link-wrapper"><div data-cy="footer-navigation-section-title" class="sc-f19f6d8d-4 hZBwau">About Us</div><div class="sc-f19f6d8d-2 dybSZs"><ul class="sc-4ebe8201-0 fWvSQY"><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/about-us/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to About Us" class="sc-19cc8fd2-0 kspHIT">About Us</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/editorial-calendar/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Editorial Calendar" class="sc-19cc8fd2-0 kspHIT">Editorial Calendar</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/press-center/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Press Center" class="sc-19cc8fd2-0 kspHIT">Press Center</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://boards.greenhouse.io/fortune/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Work at Fortune" class="sc-19cc8fd2-0 kspHIT">Work at Fortune</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/workplace/diversity-inclusion" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Diversity and Inclusion" class="sc-19cc8fd2-0 kspHIT">Diversity and Inclusion</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/terms-of-use/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Terms and Conditions" class="sc-19cc8fd2-0 kspHIT">Terms and Conditions</a></li><li class="sc-4ebe8201-1 iZowab"><a href="https://fortune.com/sitemap/" target="_self" data-cy="footer-navigation-link" aria-label="footer link to Site Map" class="sc-19cc8fd2-0 kspHIT">Site Map</a></li></ul></div></div></nav><div class="sc-f19f6d8d-5 cEViLJ"><div data-cy="footer-disclaimer" class="sc-f19f6d8d-6 dWumMM"><p>© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our <a href="https://fortune.com/terms-of-use/" target="_self" aria-label="Go to https://fortune.com/terms-of-use/" class="sc-19cc8fd2-0 kspHIT">Terms of Use</a> and <a href="https://fortune.com/privacy-policy/" target="_self" aria-label="Go to https://fortune.com/privacy-policy/" class="sc-19cc8fd2-0 kspHIT">Privacy Policy</a> | <a href="https://fortune.com/california-privacy-policy/#notice" target="_self" aria-label="Go to /california-privacy-policy/#notice" class="sc-19cc8fd2-0 kspHIT">CA Notice at Collection and Privacy Notice</a> | <a href="javascript:Optanon.ToggleInfoDisplay();" target="_self" aria-label="Go to javascript:Optanon.ToggleInfoDisplay();" rel="noopener" class="sc-19cc8fd2-0 kspHIT">Do Not Sell/Share My Personal Information</a><br/> FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.</p></div><ul data-cy="social-list" class="sc-939609ec-0 iknoDJ"><li class="sc-939609ec-1 esXRgm"><a href="https://www.facebook.com/FortuneMagazine/" target="_self" data-cy="facebook-icon" aria-label="Go to our facebook profile" class="sc-19cc8fd2-0 kspHIT"><svg width="7" height="13" viewBox="0 0 7 13" fill="#666666" xmlns="http://www.w3.org/2000/svg"><path d="M4.78788 2.59186C4.54545 2.59186 4.30303 2.83428 4.30303 3.25852V4.59186H6.66667V6.59186H4.24242V12.5312H2V6.65246H0V4.65246H2V3.50095C2 1.80398 3.21212 0.53125 4.78788 0.53125H6.66667V2.59186H4.78788Z" fill=""></path></svg></a></li><li class="sc-939609ec-1 esXRgm"><a href="https://twitter.com/FortuneMagazine/" target="_self" data-cy="twitter-icon" aria-label="Go to our twitter profile" class="sc-19cc8fd2-0 kspHIT"><svg width="24" height="25" viewBox="0 0 24 25" fill="#666666" xmlns="http://www.w3.org/2000/svg"><path d="M18.901 1.68457H22.581L14.541 10.8746L24 23.3776H16.594L10.794 15.7936L4.156 23.3776H0.474L9.074 13.5476L0 1.68557H7.594L12.837 8.61757L18.901 1.68457ZM17.61 21.1756H19.649L6.486 3.77157H4.298L17.61 21.1756Z" fill=""></path></svg></a></li><li class="sc-939609ec-1 esXRgm"><a href="https://www.linkedin.com/company/fortune-magazine/" target="_self" data-cy="linkedin-icon" aria-label="Go to our linkedin profile" class="sc-19cc8fd2-0 kspHIT"><svg width="24" height="25" viewBox="0 0 24 25" fill="#666666" xmlns="http://www.w3.org/2000/svg"><path fill-rule="evenodd" clip-rule="evenodd" d="M3.51562 0.53125H20.4844C22.4227 0.53125 24 2.10852 24 4.04688V21.0156C24 22.954 22.4227 24.5312 20.4844 24.5312H3.51562C1.57727 24.5312 0 22.954 0 21.0156V4.04688C0 2.10852 1.57727 0.53125 3.51562 0.53125ZM5.67188 19.5625H8.48438V9.71875H5.67188V19.5625ZM8.48438 8.3125H5.67188V5.5H8.48438V8.3125ZM15.5156 19.5625H18.3281V13.4541C18.3281 11.4319 16.7199 9.72076 14.8125 9.71875C14.1595 9.71875 13.7281 9.87939 13.2557 10.0553C13.0815 10.1202 12.9017 10.1871 12.7031 10.2488V9.71875H9.89062V19.5625H12.7031V13.9375C12.7031 13.1622 13.3341 12.5312 14.1094 12.5312C14.8846 12.5312 15.5156 13.1622 15.5156 13.9375V19.5625Z" fill=""></path></svg></a></li><li class="sc-939609ec-1 esXRgm"><a href="https://www.instagram.com/fortunemag/" target="_self" data-cy="instagram-icon" aria-label="Go to our instagram profile" class="sc-19cc8fd2-0 kspHIT"><svg width="12" height="13" viewBox="0 0 12 13" fill="#666666" xmlns="http://www.w3.org/2000/svg"><path d="M11.9464 4.06696C11.9464 3.58482 11.8393 3.04911 11.6786 2.62054C11.5179 2.19196 11.3036 1.87054 10.9821 1.54911C10.6607 1.22768 10.3393 1.01339 9.91072 0.852679C9.42857 0.691964 8.94643 0.584821 8.46429 0.584821C7.82143 0.53125 7.60714 0.53125 6 0.53125C4.39286 0.53125 4.17857 0.53125 3.53571 0.584821C3.05357 0.584821 2.51786 0.691964 2.08929 0.852679C1.66071 1.01339 1.33929 1.22768 1.01786 1.54911C0.696429 1.87054 0.482143 2.19196 0.321429 2.62054C0.160714 3.10268 0.0535714 3.58482 0.0535714 4.06696C1.11759e-08 4.70982 0 4.92411 0 6.53125C0 8.13839 1.11759e-08 8.35268 0.0535714 8.99554C0.0535714 9.47768 0.160714 10.0134 0.321429 10.442C0.482143 10.8705 0.696429 11.192 1.01786 11.5134C1.33929 11.8348 1.66071 12.0491 2.08929 12.2098C2.57143 12.3705 3.05357 12.4777 3.53571 12.4777C4.17857 12.5313 4.39286 12.5313 6 12.5313C7.60714 12.5313 7.82143 12.5313 8.46429 12.4777C8.94643 12.4777 9.48214 12.3705 9.91072 12.2098C10.7143 11.8884 11.3571 11.2455 11.6786 10.442C11.8393 9.95982 11.9464 9.47768 11.9464 8.99554C12 8.35268 12 8.13839 12 6.53125C12 4.92411 11.9464 4.70982 11.9464 4.06696ZM10.875 8.99554C10.875 9.37054 10.8214 9.74554 10.6607 10.1205C10.4464 10.6563 10.0179 11.0848 9.53572 11.2455C9.16072 11.3527 8.78572 11.4598 8.41072 11.4598C7.76786 11.5134 7.60714 11.5134 5.94643 11.5134C4.28572 11.5134 4.125 11.5134 3.48214 11.4598C3.10714 11.4598 2.73214 11.4062 2.35714 11.2455C2.08929 11.1384 1.875 10.9777 1.66071 10.817C1.44643 10.6027 1.28571 10.3884 1.23214 10.1205C1.125 9.74554 1.01786 9.37054 1.01786 8.99554C0.964286 8.35268 0.964286 8.19196 0.964286 6.53125C0.964286 4.87054 0.964286 4.70982 1.01786 4.06696C1.01786 3.69196 1.07143 3.31696 1.23214 2.94196C1.33929 2.67411 1.5 2.45982 1.66071 2.24554C1.875 2.03125 2.08929 1.87054 2.35714 1.81696C2.73214 1.70982 3.10714 1.60268 3.48214 1.60268C4.125 1.54911 4.28572 1.54911 5.94643 1.54911C7.60714 1.54911 7.76786 1.54911 8.41072 1.60268C8.78572 1.60268 9.16072 1.65625 9.53572 1.81696C9.80357 1.92411 10.0179 2.08482 10.2321 2.24554C10.4464 2.45982 10.6071 2.67411 10.6607 2.94196C10.7679 3.31696 10.875 3.69196 10.875 4.06696C10.9286 4.70982 10.9286 4.87054 10.9286 6.53125C10.9286 8.19196 10.875 8.35268 10.875 8.99554ZM5.94643 3.42411C4.23214 3.42411 2.83929 4.81696 2.83929 6.53125C2.83929 8.24554 4.23214 9.63839 5.94643 9.63839C7.66072 9.63839 9.05357 8.24554 9.05357 6.53125C9.05357 4.81696 7.66072 3.42411 5.94643 3.42411ZM5.94643 8.56697C4.82143 8.56697 3.91071 7.65625 3.91071 6.53125C3.91071 5.40625 4.82143 4.49554 5.94643 4.49554C7.07143 4.49554 7.98214 5.40625 7.98214 6.53125C7.98214 7.65625 7.07143 8.56697 5.94643 8.56697ZM9.91072 3.31696C9.91072 3.69196 9.58929 4.06696 9.16072 4.06696C8.73214 4.06696 8.41072 3.74554 8.41072 3.31696C8.41072 2.88839 8.73214 2.56696 9.16072 2.56696C9.58929 2.56696 9.91072 2.88839 9.91072 3.31696Z" fill=""></path></svg></a></li><li class="sc-939609ec-1 esXRgm"><a href="https://www.pinterest.com/fortunemagazine/" target="_self" data-cy="pinterest-icon" aria-label="Go to our pinterest profile" class="sc-19cc8fd2-0 kspHIT"><svg width="10" height="13" viewBox="0 0 10 13" fill="#666666" xmlns="http://www.w3.org/2000/svg"><path d="M5.44765 9.23505C4.71716 9.17768 4.41042 8.81581 3.8378 8.46782C3.52281 10.12 3.13807 11.704 1.99809 12.5312C1.64559 10.0345 2.51445 8.15882 2.91794 6.16835C2.23021 5.01075 3.00044 2.68091 4.45167 3.25465C6.23589 3.96077 2.90557 7.55883 5.14166 8.00807C7.47524 8.47682 8.42848 3.95814 6.981 2.48817C4.88966 0.366451 0.892979 2.43942 1.38422 5.47762C1.50422 6.22085 2.27183 6.44623 1.69172 7.47146C0.352987 7.17446 -0.046756 6.11886 0.00424315 4.7115C0.0878668 2.40792 2.07421 0.795069 4.06805 0.571573C6.58876 0.289577 8.95422 1.49706 9.28122 3.86777C9.64871 6.54447 8.14348 9.4428 5.44803 9.23468L5.44765 9.23505Z" fill=""></path></svg></a></li></ul></div></footer></div><div class="sc-34036c4b-0 jLaGwN bottom-paywall-selector"></div></div></div><script id="__NEXT_DATA__" type="application/json">{"props":{"pageProps":{"allPostsArray":[{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-09T09:55:52","dateFormatted":"April 9, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/europe/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eTraders, brokers and clerks gesture on the trading floor of the open outcry pit, also known as The Ring, at the London Metal Exchange Ltd (LME) in London, on March 11, 2025. In the age of high-frequency and online trading without human intervention, dozens of traders in suits continue to rant and rave every day on Europe\u0026#8217;s last open outcry trading market in London. (Photo by BENJAMIN CREMEL / AFP) (Photo by BENJAMIN CREMEL/AFP via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2208159428-e1744191781506.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Landlines and leather benches: The curious survival of London’s metals market that time forgot","platformCD":"own","title":"Landlines and leather benches: The curious survival of London’s metals market that time forgot","titleLink":"/europe/2025/04/09/landlines-leather-benches-curious-survival-london-metal-market-exchange-open-outcry/"},{"authors":[{"email":"","image":"","name":"Brigitte Hagemann","sameAs":"","type":"Person","uri":"/author/brigitte-hagemann/","url":"https://fortune.com/author/brigitte-hagemann/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"},{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-09T09:26:16","dateFormatted":"April 9, 2025","excerpt":"","eyebrowSectionLabel":"Retail","eyebrowSectionLink":"/europe/retail/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eMILAN, ITALY \u0026#8211; APRIL 07: People visit the Library of Light installation by Es Devlin during the Milan Design Week 2025 on April 07, 2025 in Milan, Italy. (Photo by Alena Zakirova/Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2209073391-e1744190477701.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Italy’s luxury furniture industry faces fresh crisis as Trump tariffs threaten a third of their exports: ‘We always find a solution’","platformCD":"own","title":"Italy’s luxury furniture industry faces fresh crisis as Trump tariffs threaten a third of their exports: ‘We always find a solution’","titleLink":"/europe/2025/04/09/italy-luxury-furniture-milan-furniture-fair-industry-tariffs/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-08T10:09:59","dateFormatted":"April 8, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/europe/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eFELIXSTOWE, ENGLAND \u0026#8211; APRIL 07: Container ships load and unload at Felixstowe Port on April 07, 2025 in Felixstowe, England. In an op-ed over the weekend, British PM Keir Starmer wrote that his government would use industrial policy to mitigate the impact of the Trump Administration\u0026#8217;s tariffs, which include a baseline 10% levy on most all goods imported to the US and 25% on automobiles. (Photo by Dan Kitwood/Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2209026018-e1744106562977.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Growing global trade war threatens to undermine maritime emissions-cutting talks in London","platformCD":"own","title":"Growing global trade war threatens to undermine maritime emissions-cutting talks in London","titleLink":"/europe/2025/04/08/global-trade-war-threatens-undermine-shipping-maritime-emissions-cutting-talks-london-trump/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-08T09:38:06","dateFormatted":"April 8, 2025","excerpt":"","eyebrowSectionLabel":"Politics","eyebrowSectionLink":"/asia/politics/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eBANGKOK, THAILAND \u0026#8211; 2024/11/28: Singapore\u0026#8217;s prime minister Lawrence Wong inspects the guard of honor during a welcoming ceremony at Government House in Bangkok. Singapore\u0026#8217;s prime minister Lawrence Wong is on an official visit to Thailand that aim to strengthen ties between the two nations. (Photo by Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2186637404-e1744104789920.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Singapore says it’s ‘disappointed’ by Trump’s tariffs: ‘These are not actions one does to a friend’","platformCD":"own","title":"Singapore says it’s ‘disappointed’ by Trump’s tariffs: ‘These are not actions one does to a friend’","titleLink":"/asia/2025/04/08/singapore-disappointed-trump-tariffs-not-actions-done-to-a-friend/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-08T09:29:22","dateFormatted":"April 8, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/europe/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eFrench economist Thomas Piketty takes part in a press conference on the theme \u0026#8220;Taxes on multinational companies : a revolution for tomorrow ?\u0026#8221;, on September 19, 2019 in Paris. (Photo by JACQUES DEMARTHON / AFP) (Photo credit should read JACQUES DEMARTHON/AFP via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-1169449142-e1744102571127.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Trump is ‘using the rest of the world as a scapegoat’ for America’s problems, but it’s not going to work, says bestselling French economist","platformCD":"own","title":"Trump is ‘using the rest of the world as a scapegoat’ for America’s problems, but it’s not going to work, says bestselling French economist","titleLink":"/europe/2025/04/08/trump-world-scapegoat-america-economist-thomas-piketty/"},{"authors":[{"email":"","image":"","name":"Camille Camdessus","sameAs":"","type":"Person","uri":"/author/camille-camdessus/","url":"https://fortune.com/author/camille-camdessus/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"},{"email":"","image":"","name":"Raziye Akkoc","sameAs":"","type":"Person","uri":"/author/raziye-akkoc/","url":"https://fortune.com/author/raziye-akkoc/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"},{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T13:55:38","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/europe/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eEU Commissioner for Trade and Economic Security, Interinstitutional relations and Transparency, Maros Sefcovic talks to journalists prior to a Foreign Affairs council in Trade format at the EU Council building in Luxembourg on April 7, 2025. (Photo by Jean-Christophe VERHAEGEN / AFP) (Photo by JEAN-CHRISTOPHE VERHAEGEN/AFP via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2208403935-e1744031474590.jpg?resize=1200,600","__typename":"MediaItem"},"key":"EU leaders split over hitting U.S. services sector in retaliation to Trump trade tariffs","platformCD":"own","title":"EU leaders split over hitting U.S. services sector in retaliation to Trump trade tariffs","titleLink":"/europe/2025/04/07/eu-leaders-split-over-us-services-sector-in-retaliation-trump-trade-tariffs/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T11:15:17","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/section/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003ePriests hold a ceremony beside coffins of victims of the crashed accident of Ethiopian Airlines during the mass funeral at Holy Trinity Cathedral in Addis Ababa, Ethiopia, on March 17, 2019. \u0026#8211; The crash of Flight ET 302 minutes into its flight to Nairobi on March 10 killed 157 people onboard and caused the worldwide grounding of the Boeing 737 MAX 8 aircraft model involved in the disaster. (Photo by Samuel HABTAB / AFP) (Photo credit should read SAMUEL HABTAB/AFP via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-1131199136-e1744024254820.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Boeing starts to face first civil trial over 2019 Ethiopian Airlines 737 MAX crash that killed 157","platformCD":"own","title":"Boeing starts to face first civil trial over 2019 Ethiopian Airlines 737 MAX crash that killed 157","titleLink":"/2025/04/07/boeing-face-first-civil-trial-2019-ethiopian-airlines-737-max-crash-killed-157/"},{"authors":[{"email":"","image":"","name":"Holmes Chan","sameAs":"","type":"Person","uri":"/author/holmes-chan/","url":"https://fortune.com/author/holmes-chan/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"},{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T10:43:45","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/asia/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003ePeople stand in front of an electronic sign board showing the Heng Seng Index in Hong Kong on April 7, 2025. Asian equities collapsed on a black Monday on April 7 for markets after China hammered the United States with its own hefty tariffs, ramping up a trade war many fear could spark a recession. (Photo by Peter PARKS / AFP) (Photo by PETER PARKS/AFP via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2208376451-e1744022527175.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Hong Kong investor anger at Trump boils over in market rout: ‘How can someone in such a lofty position act like that?’","platformCD":"own","title":"Hong Kong investor anger at Trump boils over in market rout: ‘How can someone in such a lofty position act like that?’","titleLink":"/asia/2025/04/07/hong-kong-investor-anger-trump-boils-over-in-market-rout/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T10:31:26","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/section/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eNEW YORK, NEW YORK \u0026#8211; APRIL 04: Traders work on the floor of the New York Stock Exchange (NYSE) on April 04, 2025 in New York City. Stocks fell sharply again Friday as the world continues to react to U.S. President Donald Trump\u0026#8217;s sweeping new tariffs on major U.S. trade partners. (Photo by Spencer Platt/Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2208491444-e1744021800376.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Trump’s tariff market ‘bloodbath’ has rattled Wall Street. Here are the 5 worst market crashes since ‘Black Thursday’ 1929","platformCD":"own","title":"Trump’s tariff market ‘bloodbath’ has rattled Wall Street. Here are the 5 worst market crashes since ‘Black Thursday’ 1929","titleLink":"/2025/04/07/trump-tariff-market-wall-street-5-worst-market-crashes-black-thursday-1929/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T10:08:20","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Retail","eyebrowSectionLink":"/europe/retail/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003ePeople board in the Ryanair FR4716 at Brindisi Airport, also known as Brindisi Papola Casale Airport and Salento Airport, in Brindisi, Italy, on June 19, 2022. (Photo by Manuel Romano/NurPhoto via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-1241395623-e1744019420156.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Ryanair caught in the crossfire as Western Sahara flights become flashpoint for Morocco-Polisario political conflict","platformCD":"own","title":"Ryanair caught in the crossfire as Western Sahara flights become flashpoint for Morocco-Polisario political conflict","titleLink":"/europe/2025/04/07/ryanair-caught-crossfire-western-sahara-flights-flashpoint-morocco-polisario-political-conflict/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T09:31:45","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Finance","eyebrowSectionLink":"/europe/finance/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003ePARIS, FRANCE \u0026#8211; MARCH 27: UK Prime Minister Keir Starmer waves after a meeting with Ukrainian President Volodymyr Zelensky at the UK Ambassador\u0026#8217;s Residence after a meeting with European leaders on strengthening support for on March 27, 2025 in Paris, France. UK Prime Minister Keir Starmer is meeting with Ukrainian President Volodymyr Zelensky following a summit in Paris, where EU and NATO members from 31 countries convened to outline additional aid and security measures in support of Ukraine. (Photo by Stephanie Lecocq \u0026#8211; WPA Pool/Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2206544049_f87ed6.jpg?resize=1200,600","__typename":"MediaItem"},"key":"‘The world as we knew it has gone’ warns U.K. PM as tariffs threaten to upend global trade","platformCD":"own","title":"‘The world as we knew it has gone’ warns U.K. PM as tariffs threaten to upend global trade","titleLink":"/europe/2025/04/07/the-world-as-we-knew-it-has-gone-warns-uk-pm-tariffs-threaten-upend-global-trade-trump/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-07T09:06:24","dateFormatted":"April 7, 2025","excerpt":"","eyebrowSectionLabel":"Politics","eyebrowSectionLink":"/asia/politics/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eBEIJING, CHINA \u0026#8211; FEBRUARY 20: Ling Ji, vice minister of commerce and deputy China international trade representative, attends a policy briefing on expanding high-standard opening up and ensuring foreign investment stability in 2025 held by the State Council Information Office on February 20, 2025 in Beijing, China. (Photo by VCG/VCG via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2200939113-e1744016357951.jpg?resize=1200,600","__typename":"MediaItem"},"key":"China pledges to be a ‘promising land’ for foreign investment, including by U.S. companies, after it retaliates to Trump tariffs","platformCD":"own","title":"China pledges to be a ‘promising land’ for foreign investment, including by U.S. companies, after it retaliates to Trump tariffs","titleLink":"/asia/2025/04/07/china-promising-land-foreign-us-investment-trump-tariffs/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-06T14:35:34","dateFormatted":"April 6, 2025","excerpt":"","eyebrowSectionLabel":"Politics","eyebrowSectionLink":"/section/politics/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eDENVER, CO \u0026#8211; MARCH 24: A portrait of president Donald Trump hangs on a wall in the rotunda on the third floor of the Colorado State Capitol in Denver, Colorado on March 24, 2025. The portrait of Trump was painted by Sarah A. Boardman. Boardman painted Trump\u0026#8217;s portrait in 2019. (Photo by Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2206728667-e1743949634165.jpg?resize=1200,600","__typename":"MediaItem"},"key":"Artist of ‘distorted’ portrait says Trump complaint is harming her business of over 41 years","platformCD":"own","title":"Artist of ‘distorted’ portrait says Trump complaint is harming her business of over 41 years","titleLink":"/2025/04/06/artist-distorted-trump-portrait-colorado-state-capitol-sarah-boardman/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-04T14:39:10","dateFormatted":"April 4, 2025","excerpt":"","eyebrowSectionLabel":"Retail","eyebrowSectionLink":"/europe/retail/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eAn employee fixes the name on a Porsche 911 ST automobile during fitting in the Porsche Exclusive Manufacture unit for special and limited edition vehicles at the Porsche AG Zuffenhausen plant in Stuttgart, Germany, on Thursday, March 6, 2025. Porsche has an increasingly sophisticated vehicle-customization business, comprising the Exclusive Manufaktur program and even more bespoke Sonderwunsch (special request). Photographer: Krisztian Bocsi/Bloomberg via Getty Images\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-2202982329-e1743773908266.jpg?resize=1200,600","__typename":"MediaItem"},"key":"From Stuttgart to Detroit: How Europe’s car giants are bracing for Trump’s tariff tsunami","platformCD":"own","title":"From Stuttgart to Detroit: How Europe’s car giants are bracing for Trump’s tariff tsunami","titleLink":"/europe/2025/04/04/stuttgart-detroit-europe-car-giants-bracing-trumps-tariff-tsunami-stellantis-ford-volkswagen/"},{"authors":[{"email":"","image":"","name":"AFP","sameAs":"","type":"Person","uri":"/author/afp/","url":"https://fortune.com/author/afp/","role":"","funFactHeader":"","funFactValue":"","social":{"instaUrl":"","linkedinUrl":"","twitterUrl":"","__typename":"AuthorSocialUrlsFields"},"shortIntro":"","__typename":"Co-authors"}],"contentType":null,"date":"2025-04-04T09:29:45","dateFormatted":"April 4, 2025","excerpt":"","eyebrowSectionLabel":"Politics","eyebrowSectionLink":"/europe/politics/","eyebrowTagLabel":"","eyebrowTagLink":"","image":{"altText":"","caption":"\u003cp\u003eChristopher Steele (centre) leaving the Royal Courts of Justice in London after the first hearing in Donald Trump\u0026#8217;s High Court claim against the former MI6 officer\u0026#8217;s intelligence consultancy. The former US president is bringing a data protection claim against Orbis Business Intelligence which was founded by Christopher Steele, who previously ran the Secret Intelligence Service\u0026#8217;s Russia desk. Picture date: Monday October 16, 2023. (Photo by Aaron Chown/PA Images via Getty Images)\u003c/p\u003e\n","mediaItemUrl":"https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-1727469516.jpg?resize=1200,600","__typename":"MediaItem"},"key":"U.K. court orders Donald Trump to pay $741,000 for suing a British spy over salacious U.S.-Russia dossier","platformCD":"own","title":"U.K. court orders Donald Trump to pay $741,000 for suing a British spy over salacious U.S.-Russia dossier","titleLink":"/europe/2025/04/04/uk-court-ordered-trump-pay-741000-suing-british-spy-salacious-us-russia-dossier/"}],"arcSpanPageConfig":{"LoginStatus":false,"classifications_watson":{"categories":"$alchemy_taxonomy","concepts":"$alchemy_concepts","keywords":"$alchemy_keywords"},"contentAuthors":[],"contentPublishDate":null,"contentSection":"","contentTags":[],"dayOfWeek":"Wednesday","pageType":"author","title":"AFP"},"author":{"adTags":[],"authorNames":[],"authorSlug":"afp","authorUrl":"https://fortune.com/author/afp/","authors":[],"avatarUrl":"","canonicalUrl":"https://fortune.com/author/afp/","channel":"","databaseId":"3965460","dateGmt":"","description":"\u003cp\u003eAll article content is © Agence France-Presse.\u003c/p\u003e\n","displayEmail":"","displayName":"AFP","faq":[],"image":"","instaHandle":"","instaUrl":"","keywords":"","link":"https://fortune.com/author/afp/","linkedinHandle":"","linkedinUrl":"","metaTitle":"AFP","modifiedGmt":"","pageType":"author","platformCD":"own","premiumCategory":{"name":"","premiumCategoryId":-1},"primarySection":{"link":"","name":"","primaryPostTagId":0,"uri":""},"sameAs":[],"sectionNames":[],"sections":[],"socialDescription":"","socialTitle":"","tagNames":[],"tags":[],"thumbnailUrl":"","title":"AFP","topicNames":[],"topics":[],"twitterHandle":"","twitterUrl":"","url":"https://fortune.com/author/afp/"},"authorPageInfo":{"endCursor":"YXJyYXljb25uZWN0aW9uOjQxOTI2NjU=","hasNextPage":false,"hasPreviousPage":false,"startCursor":"YXJyYXljb25uZWN0aW9uOjQxOTY1MTM=","totalCount":779,"__typename":"WPPageInfo"},"dataLayer":{"pageTypeCG":"post","platformCD":"own","categoryCG":"author","cmsCategoryCD":"author","conTitleCD":"https://fortune.com/author/afp/"},"footer":{"footerDisclaimer":"\u003cp\u003e© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our \u003ca href=\"https://fortune.com/terms-of-use/\"\u003eTerms of Use\u003c/a\u003e and \u003ca href=\"https://fortune.com/privacy-policy/\"\u003ePrivacy Policy\u003c/a\u003e | \u003ca href=\"/california-privacy-policy/#notice\"\u003eCA Notice at Collection and Privacy Notice\u003c/a\u003e | \u003ca href=\"javascript:Optanon.ToggleInfoDisplay();\" target=\"_self\"\u003eDo Not Sell/Share My Personal Information\u003c/a\u003e\u003cbr /\u003e\nFORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.\u003c/p\u003e\n","footerNav":[{"links":[{"__typename":"MenuItem","label":"100 Best Companies","url":"https://fortune.com/ranking/best-companies/"},{"__typename":"MenuItem","label":"Fortune 500","url":"https://fortune.com/ranking/fortune500/"},{"__typename":"MenuItem","label":"Global 500","url":"https://fortune.com/ranking/global500/"},{"__typename":"MenuItem","label":"Fortune 500 Europe","url":"https://fortune.com/europe/ranking/fortune500-europe/"}],"name":"Footer Rankings 1"},{"links":[{"__typename":"MenuItem","label":"Most Powerful Women","url":"https://fortune.com/ranking/most-powerful-women/"},{"__typename":"MenuItem","label":"Future 50","url":"https://fortune.com/ranking/future-50/"},{"__typename":"MenuItem","label":"World’s Most Admired Companies","url":"https://fortune.com/ranking/worlds-most-admired-companies/"},{"__typename":"MenuItem","label":"See All Rankings","url":"https://fortune.com/ranking/"}],"name":"Footer Rankings 2"},{"links":[{"__typename":"MenuItem","label":"Finance","url":"/section/finance/"},{"__typename":"MenuItem","label":"Leadership","url":"/section/leadership/"},{"__typename":"MenuItem","label":"Success","url":"/section/success/"},{"__typename":"MenuItem","label":"Tech","url":"/section/tech/"}],"name":"Footer Sections 1"},{"links":[{"__typename":"MenuItem","label":"Asia","url":"https://fortune.com/asia/"},{"__typename":"MenuItem","label":"Europe","url":"/europe/"},{"__typename":"MenuItem","label":"Environment","url":"/section/environment/"},{"__typename":"MenuItem","label":"Fortune Crypto","url":"https://fortune.com/crypto/"}],"name":"Footer Sections 2"},{"links":[{"__typename":"MenuItem","label":"Health","url":"/section/health/"},{"__typename":"MenuItem","label":"Well","url":"https://fortune.com/well/"},{"__typename":"MenuItem","label":"Retail","url":"/section/retail/"},{"__typename":"MenuItem","label":"Lifestyle","url":"/section/lifestyle/"},{"__typename":"MenuItem","label":"Politics","url":"/section/politics/"}],"name":"Footer Sections 3"},{"links":[{"__typename":"MenuItem","label":"Newsletters","url":"/section/newsletters/"},{"__typename":"MenuItem","label":"Magazine","url":"/section/magazine/"},{"__typename":"MenuItem","label":"Features","url":"/section/features/"},{"__typename":"MenuItem","label":"Commentary","url":"/section/commentary/"}],"name":"Footer Sections 4"},{"links":[{"__typename":"MenuItem","label":"MPW","url":"/section/mpw/"},{"__typename":"MenuItem","label":"CEO Initiative","url":"https://fortune.com/ceoi"},{"__typename":"MenuItem","label":"Conferences","url":"/section/conferences/"},{"__typename":"MenuItem","label":"Personal Finance","url":"/section/personal-finance/"},{"__typename":"MenuItem","label":"Education","url":"https://fortune.com/education/"}],"name":"Footer Sections 5"},{"links":[{"__typename":"MenuItem","label":"Frequently Asked Questions","url":"https://fortune.com/customerservice/#faq"},{"__typename":"MenuItem","label":"Customer Service Portal","url":"https://fortune.com/customerservice/"},{"__typename":"MenuItem","label":"Privacy Policy","url":"/privacy-policy/"},{"__typename":"MenuItem","label":"Terms of Use","url":"https://fortune.com/terms-of-use/"},{"__typename":"MenuItem","label":"Single Issues for Purchase","url":"https://order.emags.com/fortune_single_issues"},{"__typename":"MenuItem","label":"International Print","url":"https://fortune.com/international-print-magazine-only-subscribers/"}],"name":"Footer Customer Support 1"},{"links":[{"__typename":"MenuItem","label":"Fortune Brand Studio","url":"https://brand-studio.fortune.com/fortune-brand-studio/fbs-portfolio/?prx_t=Q4gFAAAAAAovEQA"},{"__typename":"MenuItem","label":"Fortune Analytics","url":"https://fortune.com/analytics"},{"__typename":"MenuItem","label":"Fortune Conferences","url":"https://fortune.com/conferences"},{"__typename":"MenuItem","label":"Advertising","url":"https://fortune.com/advertising/"},{"__typename":"MenuItem","label":"Business Development","url":"https://fortune.com/business-development/"}],"name":"Footer Commercial Services 1"},{"links":[{"__typename":"MenuItem","label":"About Us","url":"/about-us/"},{"__typename":"MenuItem","label":"Editorial Calendar","url":"https://fortune.com/editorial-calendar/"},{"__typename":"MenuItem","label":"Press Center","url":"https://fortune.com/press-center/"},{"__typename":"MenuItem","label":"Work at Fortune","url":"https://boards.greenhouse.io/fortune/"},{"__typename":"MenuItem","label":"Diversity and Inclusion","url":"https://fortune.com/workplace/diversity-inclusion"},{"__typename":"MenuItem","label":"Terms and Conditions","url":"/terms-of-use/"},{"__typename":"MenuItem","label":"Site Map","url":"/sitemap/"}],"name":"Footer About 1"}],"socialList":[{"type":"facebook","url":"https://www.facebook.com/FortuneMagazine/"},{"type":"twitter","url":"https://twitter.com/FortuneMagazine/"},{"type":"linkedin","url":"https://www.linkedin.com/company/fortune-magazine/"},{"type":"instagram","url":"https://www.instagram.com/fortunemag/"},{"type":"pinterest","url":"https://www.pinterest.com/fortunemagazine/"}]},"headData":{"authors":"","canonicalUrl":null,"databaseId":"3965460","dateGmt":null,"description":"All article content is © Agence France-Presse.\n","faqSchema":"","hasStnVideo":false,"image":"","imageTwitter":"","jsonLdSchema":"{\"@type\":\"ProfilePage\",\"@context\":[\"https://schema.org\"],\"publisher\":{\"@type\":\"NewsMediaOrganization\",\"address\":{\"@type\":\"PostalAddress\",\"addressCountry\":{\"@type\":\"Country\",\"name\":\"US\"},\"addressLocality\":\"New York\",\"addressRegion\":\"NY\",\"postalCode\":\"10038\",\"streetAddress\":\"40 Fulton Street\"},\"brand\":{\"@type\":\"Brand\",\"name\":\"Fortune\"},\"founder\":{\"@type\":\"Person\",\"name\":\"Henry Robinson Luce\"},\"foundingDate\":\"1929-02\",\"legalName\":\"Fortune Media (USA) Corporation\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https://fortune.com/static/media/logo.png\"},\"name\":\"Fortune\",\"publishingPrinciples\":\"https://fortune.com/about-us/\",\"sameAs\":[\"https://en.wikipedia.org/wiki/Fortune_(magazine)\",\"https://www.facebook.com/FortuneMagazine/\",\"https://www.linkedin.com/company/fortune-magazine/\",\"https://www.instagram.com/fortunemag/\",\"https://www.pinterest.com/fortunemagazine/\",\"https://twitter.com/FortuneMagazine/\"],\"url\":\"https://fortune.com/\"},\"@id\":\"https://fortune.com/author/afp/\",\"mainEntity\":{\"@type\":\"Person\",\"name\":\"AFP\",\"url\":\"https://fortune.com/author/afp/\",\"description\":\"\u003cp\u003eAll article content is © Agence France-Presse.\u003c/p\u003e\\n\"}}","keywords":"","link":"https://fortune.com/author/afp/","noIndex":null,"pageType":"author","prefixedDatabaseId":null,"premiumCategory":"","primarySection":"","rssFeedLink":null,"siteName":"Fortune","socialDescription":"All article content is © Agence France-Presse.\n","socialTitle":"AFP","tagNames":[],"title":"AFP | Fortune","widgetCss":null},"headerNav":{"domainLogo":null,"leftMenu":[{"__typename":"MenuItem","id":"cG9zdDo0MTcyNzMx","label":"Home","parentId":null,"url":"/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTEz","label":"Sections","parentId":null,"url":"/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNTcxNTE1","label":"News","parentId":"cG9zdDozNTcxNTEz","url":"/the-latest/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTE0","label":"FORTUNE 500","parentId":"cG9zdDozNTcxNTEz","url":"/ranking/fortune500/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTEw","label":"FORTUNE SEA 500","parentId":"cG9zdDozNTcxNTE0","url":"/asia/ranking/southeast-asia-500/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTEy","label":"Fortune 500 Europe","parentId":"cG9zdDozNTcxNTE0","url":"/europe/ranking/fortune500-europe/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTE0","label":"Fortune Global 500","parentId":"cG9zdDozNTcxNTE0","url":"/ranking/global500/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTE1","label":"Fortune China 500","parentId":"cG9zdDozNTcxNTE0","url":"https://www.fortunechina.com/fortune500/c/2023-07/25/content_436290.htm","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTE3","label":"More Rankings","parentId":"cG9zdDozNTcxNTE0","url":"/ranking/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDozNzE2NjA4","label":"Europe","parentId":"cG9zdDozNTcxNTEz","url":"/europe/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNzQ0ODM3","label":"Asia","parentId":"cG9zdDozNTcxNTEz","url":"/asia/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTE2","label":"Tech","parentId":"cG9zdDozNTcxNTEz","url":"/section/tech/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNjEwMDMz","label":"AI","parentId":"cG9zdDozNTcxNTE2","url":"/tag/artificial-intelligence/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTE3","label":"Finance","parentId":"cG9zdDozNTcxNTEz","url":"/section/finance/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNjEwMDM0","label":"Personal Finance","parentId":"cG9zdDozNTcxNTE3","url":"/section/personal-finance/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTkwNjUw","label":"Real Estate","parentId":"cG9zdDozNTcxNTE3","url":"/tag/real-estate/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTE4","label":"Crypto","parentId":"cG9zdDozNTcxNTE3","url":"/crypto/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTIx","label":"Leadership","parentId":"cG9zdDozNTcxNTEz","url":"/section/leadership/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNTcxNTIy","label":"Success","parentId":"cG9zdDozNTcxNTIx","url":"/section/success/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDo0MTkzNjAx","label":"Lifestyle","parentId":"cG9zdDozNTcxNTEz","url":"/section/lifestyle/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDo0MTkzNTkz","label":"Arts \u0026 Entertainment","parentId":"cG9zdDo0MTkzNjAx","url":"/section/arts-and-entertainment/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTkzNTk0","label":"Travel \u0026 Leisure","parentId":"cG9zdDo0MTkzNjAx","url":"/section/travel-and-leisure/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTI3","label":"Well","parentId":"cG9zdDo0MTkzNjAx","url":"/well/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTQ4","label":"Education","parentId":"cG9zdDo0MTkzNjAx","url":"/education/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTAw","label":"Multimedia","parentId":"cG9zdDozNTcxNTEz","url":"#","subMenu":[{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTAy","label":"Live Media","parentId":"cG9zdDo0MTk2MTAw","url":"https://fortune.com/conferences","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTA3","label":"Magazine","parentId":"cG9zdDo0MTk2MTAw","url":"/magazine/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTA4","label":"Newsletters","parentId":"cG9zdDo0MTk2MTAw","url":"/newsletters/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTQ5","label":"Video","parentId":"cG9zdDo0MTk2MTAw","url":"/videos/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MTA5","label":"Podcasts","parentId":"cG9zdDo0MTk2MTAw","url":"/podcasts/","subMenu":null}]}]},{"__typename":"MenuItem","id":"cG9zdDozNTcxNTU5","label":"Analytics","parentId":null,"url":"/analytics","subMenu":null}],"rightMenu":[{"__typename":"MenuItem","id":"cG9zdDozNjgyMTY5","label":"CEO Initiative","parentId":null,"url":"https://fortune.com/ceoi","subMenu":null}],"rightRailMenu":[{"__typename":"MenuItem","id":"cG9zdDozNDI0NDc0","label":"The Coins","parentId":null,"url":"/crypto/section/the-coins/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDc1","label":"Companies","parentId":null,"url":"/crypto/section/companies/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDc2","label":"Regulators","parentId":null,"url":"/crypto/section/regulators/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDc3","label":"NFTs \u0026 Culture","parentId":null,"url":"/crypto/section/nfts-culture/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDg4","label":"Crash Course","parentId":null,"url":"https://fortune.com/crypto/crash-course/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDg1","label":"More","parentId":null,"url":null,"subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNDI0NDg5","label":"fortune.com","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDkw","label":"Video On Demand","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/videos/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDkx","label":"Fortune Live Media","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/conferences/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNjgyMTU0","label":"CEO Initiative","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/ceoi","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDky","label":"Fortune Connect","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/connect/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDk0","label":"Fortune Education","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/education/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDk2","label":"Fortune Well","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/well/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNDI0NDk3","label":"Fortune Recommends","parentId":"cG9zdDozNDI0NDg1","url":"https://fortune.com/recommends/","subMenu":null}]}],"subDomain":"own","topicNavigation":[{"__typename":"MenuItem","id":"cG9zdDozNTcxNDQ4","label":"Home","parentId":null,"url":"/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNDQ5","label":"News","parentId":null,"url":"/the-latest/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNDU1","label":"Fortune 500","parentId":null,"url":"/ranking/fortune500/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozOTE2MzAw","label":"FORTUNE SEA 500","parentId":"cG9zdDozNTcxNDU1","url":"/asia/ranking/southeast-asia-500/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNzE2NjEw","label":"Fortune 500 Europe","parentId":"cG9zdDozNTcxNDU1","url":"/europe/ranking/fortune500-europe/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNzE2NjEx","label":"Fortune Global 500","parentId":"cG9zdDozNTcxNDU1","url":"/ranking/global500/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNzE2NjEy","label":"Fortune China 500","parentId":"cG9zdDozNTcxNDU1","url":"https://www.fortunechina.com/fortune500/c/2023-07/25/content_436290.htm","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDg2","label":"More Rankings","parentId":"cG9zdDozNTcxNDU1","url":"/ranking/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDozNTcxNDUw","label":"Tech","parentId":null,"url":"/section/tech/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNjEwMDM2","label":"AI","parentId":"cG9zdDozNTcxNDUw","url":"/tag/artificial-intelligence/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDozNTcxNDUx","label":"Finance","parentId":null,"url":"/section/finance/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNjEwMDM1","label":"Personal Finance","parentId":"cG9zdDozNTcxNDUx","url":"/section/personal-finance/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTkwNjQ5","label":"Real Estate","parentId":"cG9zdDozNTcxNDUx","url":"/tag/real-estate/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTg3NTAy","label":"Crypto","parentId":"cG9zdDozNTcxNDUx","url":"/crypto/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDozNTcxNDUy","label":"Leadership","parentId":null,"url":"/section/leadership/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDozNTg3NTA0","label":"Success","parentId":"cG9zdDozNTcxNDUy","url":"/section/success/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDo0MTkzNTU2","label":"Lifestyle","parentId":null,"url":"/section/lifestyle/","subMenu":[{"__typename":"MenuItem","id":"cG9zdDo0MTkzNTU5","label":"Arts \u0026 Entertainment","parentId":"cG9zdDo0MTkzNTU2","url":"/section/arts-and-entertainment/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTkzNTY2","label":"Travel \u0026 Leisure","parentId":"cG9zdDo0MTkzNTU2","url":"/section/travel-and-leisure/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozNTcxNDUz","label":"Well","parentId":"cG9zdDo0MTkzNTU2","url":"/well/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDozODc0Mjgz","label":"Education","parentId":"cG9zdDo0MTkzNTU2","url":"/education/","subMenu":null}]},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDQw","label":"Multimedia","parentId":null,"url":"#","subMenu":[{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDQx","label":"Live Media","parentId":"cG9zdDo0MTk2MDQw","url":"https://fortune.com/conferences","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDQy","label":"Magazine","parentId":"cG9zdDo0MTk2MDQw","url":"/magazine/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDQ1","label":"Newsletters","parentId":"cG9zdDo0MTk2MDQw","url":"/newsletters/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDQ4","label":"Video","parentId":"cG9zdDo0MTk2MDQw","url":"/videos/","subMenu":null},{"__typename":"MenuItem","id":"cG9zdDo0MTk2MDUx","label":"Podcasts","parentId":"cG9zdDo0MTk2MDQw","url":"/podcasts/","subMenu":null}]}]},"iterablePageViewData":{"authors":[],"channel":"","contentType":"author","premiumCategory":"","sections":[],"tags":[],"topics":[],"url":"https://fortune.com/author/afp/"},"name":"afp","pageAdConfig":{"ch":"","cid":"3965460","ctype":"author","defaultPath":"fortune","premiumCategory":"","slots":[{"id":"Leaderboard0","index":1,"placementName":"Leaderboard"}],"tags":[],"topics":[],"loginStatus":"guest"},"pageSize":15,"pianoPageConfig":{"contentSection":"","franchiseWall":false,"pageType":"author","publishDate":"","tags":[]}},"__N_SSG":true},"page":"/author/[name]","query":{"name":"afp"},"buildId":"SWE82g4Jh2YpiTGvF7C5p","isFallback":false,"isExperimentalCompile":false,"dynamicIds":[6334],"gsp":true,"scriptLoader":[]}</script></body></html>