US-China tensions and the war in Ukraine are already swinging investments to like-minded countries — a sign that companies are making geopolitical bets.
Reporting by Shawn Donnan and Enda Curran
Data and Analysis by Maeva Cousin
Graphics by Jennah Haque
September 18, 2023, 7:00 PM UTC
One word has been popping up increasingly on earnings calls and in corporate filings of some of the world’s biggest companies. From Wall Street giants like BlackRock Inc. to consumer titans like Coca-Cola Co. and Tesla Inc. and industrial mainstays like 3M Co., S&P 500 chief executives and their lieutenants have used the word “geopolitics” almost 12,000 times in 2023, or almost three times as much as they did just two years ago.
It’s not just talk. Hard evidence is now emerging that all the discussions of strained international relations and more than a decade of warnings over the end of an era of…
