Last year, Apple was the first company to be valued at $700bn. As it makes a bid to enter the luxury market with the 18ct gold Apple Watch, the brand’s British design visionary, Jony Ive, gives a rare interview to Nick Foulkes. Portrait by Dorothy Hong
‘It takes around 15 hours to make one bag, and that bag is almost entirely done by one pair of hands. Everyone knows which is his bag and they get attached to it: it’s part of the magic.’ Axel Dumas, chief executive of Hermès, on the craft of handbags, hostile takeover bids and protecting the family business in #LunchwiththeFT Illustration of Axel Dumas by Patrick Morgan
‘The only reason I got to do “The Godfather” was that I was cheap, I was young, I was Italian and I was a screenwriter. It was a total stroke of luck. I had no business having such an important movie. I was always on the verge of getting fired. They didn’t like my ideas.’
Over a buffet lunch in Beijing, the Chinese law professor and novelist talks about his ‘nice dream’ for communism, tackling corruption — and how he won over his wife’s family. FT illustration of He Jiahong by Luke Waller
Anne Stausboll heads the largest pension fund in the US, with a portfolio of investments worth $295bn. Under her leadership Calpers has been crusading for environmental causes and for better corporate governance at the companies it owns, vigorously defending its pensioners’ benefits through the courts and, most recently, fighting to drive down the fees that fund managers charge.
Over soup and red juice in an East End café that helps the homeless, the comedian-activist says capitalism has failed, gives money to a drug addict and tells Lucy Kellaway to shut up. Illustration by James Ferguson of Russell Brand