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International

How energy prices are set in global markets

Determining energy prices on the world stage

Understanding how energy prices are set requires following multiple interlocking markets, physical logistics and policy levers. Prices emerge from the interaction of supply and demand, but they are shaped by benchmarks, contracts, transportation, storage, financial instruments, r...

Economy

Istanbul, in Turkey: What makes a retail concept scalable across diverse neighborhoods

Expanding retail in Istanbul: adapting concepts to local diversity

Istanbul is a megacity of contrasts: dense historic cores, high-tourist corridors, modern business districts, sprawling suburban neighborhoods, and two continents linked by ferries and bridges. These contrasts create a mosaic of consumer behaviors, footfall patterns, rent levels,...