People going on stag and hen dos are disrupting flights too often

People going on stag and hen dos are disrupting flights too often

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People going on stag and hen dos are disrupting flights too often
NOTE to travellers headed to a stag do: the festivities begin at your destination, not on the plane that is taking you there. This might seem obvious, but many revellers appear unsure. Last week, an easyJet flight from Bristol to Prague was delayed and ultimately cancelled after a group of stags got their celebration off to an […]
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Japanese banks’ foreign exposure may threaten financial stability

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Japanese banks’ foreign exposure may threaten financial stability
TOKYOAfter sailing through the financial crisis, they are taking risks with foreign loans Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Greece exits its bail-out programme, but its marathon has further to go

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Greece exits its bail-out programme, but its marathon has further to go
The economy is expanding again, but the crisis has caused lasting damage Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Car dealerships have become targets for cross-border investment

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Car dealerships have become targets for cross-border investment
Big investors are snapping up small franchises. Why? Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Myanmar’s state-owned enterprises show how much reform is still needed

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Myanmar’s state-owned enterprises show how much reform is still needed
The bureaucratic leviathans, most still under army control, are a drag on the economy Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Tech firms are suddenly the corporate world’s biggest investors

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Tech firms are suddenly the corporate world’s biggest investors
Apple’s new headquarters has created 13,000 new construction jobs Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Japan finally gets casinos

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Japan finally gets casinos
Yet owing to fears about addiction and crime they will be tightly regulated Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Are strikes making a big dent in Ryanair’s profits?

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Are strikes making a big dent in Ryanair’s profits?
Europe’s largest airline has been hit by a series of walk-outs since it began to recognise trade unions Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Has BRICS lived up to expectations?

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Has BRICS lived up to expectations?
The bloc of big emerging economies is surprisingly good at keeping its promises Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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America and the EU are both toughening up on foreign capital

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America and the EU are both toughening up on foreign capital
Donald Trump and Jean-Claude Juncker share suspicions of Chinese investment Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Private equity is piling into health care

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Private equity is piling into health care
High prices and stiff competition mean investors must think creatively Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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The Nord Stream 2 pipeline will strengthen Russia’s hand

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The Nord Stream 2 pipeline will strengthen Russia’s hand
Despite the threat of sanctions, Russia’s pipeline to Germany is in progress Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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David Solomon will be the new CEO of Goldman Sachs

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David Solomon will be the new CEO of Goldman Sachs
He is replacing Lloyd Blankfein, stepping down after steering the bank through the financial crisis Facebook Twitter Google+ Pinterest LinkedIn Buffer WhatsApp
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Are strikes making a big dent in Ryanair’s profits?

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Are strikes making a big dent in Ryanair’s profits?
ALL should be rosy at Europe’s largest low-cost airline. Ryanair’s passenger numbers are growing and costs per seat-kilometre flown are—just about—lower than its competitors’. But investors have been sent into a flap by its announcement on July 23rd that its profits in the first quarter fell 20% year-on-year, which sent its share price down nearly […]
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Fiat Chrysler appoints a new boss

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Fiat Chrysler appoints a new boss
THE question of who would replace Sergio Marchionne has been in the air for a year or more, ever since the boss of Fiat Chrysler Automobiles (FCA) announced that he would step down in 2019. But the way the answer came was both shocking and sad. Complications after a routine operation around three weeks ago […]
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Universities withstood MOOCs but risk being outwitted by OPMs

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Universities withstood MOOCs but risk being outwitted by OPMs
“THERE’S only two things you do in the navy,” says Vice-Admiral Al Harms, former commander of the USS Nimitz, a nuclear-powered aircraft carrier that is one of the world’s biggest ships. “You fight, and you train to fight. Hopefully, most of the time you’re training.” The navy got Mr Harms hooked on continuous education, and […]
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Is North Korea the next Vietnam? Don’t count on it

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Is North Korea the next Vietnam? Don’t count on it
AS AMERICA presses North Korea to abandon nuclear weapons, it has pointed to Vietnam as an example of the prosperity that awaits the isolated state. “It can be your miracle in North Korea as well,” Mike Pompeo (pictured), the secretary of state, said on July 8th, on a visit to Hanoi. It is not the […]
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Development-impact bonds are costly, cumbersome—and good

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Development-impact bonds are costly, cumbersome—and good
IF A girl in a poor country goes to school, she will probably have a more comfortable life than if she stays at home. She will be less likely to marry while still a child, and therefore less likely to die in childbirth. So, not surprisingly, there is an Indian charity that tries to get […]
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Investors are gorging on American assets

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Investors are gorging on American assets
ECONOMISTS think prices, like spilt ketchup, are sticky. They move only slowly as firms digest economic conditions. Financial markets are an exception. Computerised trading by thousands of participants means prices, especially of currencies, can move in a McFlurry. Since The Economist last updated the Big Mac index (BMI), our lighthearted guide to currency valuation, burger […]
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Amazon wins from a Supreme Court ruling

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Amazon wins from a Supreme Court ruling
FOR years, online retailers in America have enjoyed an unfair advantage over their bricks-and-mortar competitors. Unless they were physically located in the same state as a shopper, they were not obliged to collect state and local sales taxes. Shoppers were still legally required to pay taxes on their online purchases, but not everyone did in […]
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Amazon takes a big step into online pharma

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Amazon takes a big step into online pharma
Jeff dispenses more disruption FOR roughly a year speculation has been feverish: would Amazon, an online retail giant, muscle into America’s prescription-drugs market? On June 28th that uncertainty ended when it bought a small online pharmacy, PillPack, based in Manchester, New Hampshire, for about $1bn. When the deal is completed later this year, Amazon will […]
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Shortages of carbon dioxide in Europe may get worse

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Shortages of carbon dioxide in Europe may get worse
Here’s to carbon capture IN THEORY, the world has too much carbon dioxide. In 2015 the Paris climate agreement set limits on emissions of the gas to prevent global temperatures rising by more than two degrees Celsius above those of pre-industrial times. But in practice, makers of food and drink in Europe have found that […]
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New auto tariffs would batter German carmakers

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New auto tariffs would batter German carmakers
Straight outta South Carolina THE menace to Americans from immigration of the wrong sort is immense, according to President Donald Trump. The list of items he wants to deter from crossing the border includes objects as well as people, and one in particular holds his attention. In trade terms, he told Fox News on July […]
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Contrition wins the day for Uber in a big market

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Contrition wins the day for Uber in a big market
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Tortured by meetings

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Tortured by meetings
MOST workers view the prospect of a two-hour meeting with the same enthusiasm as Prometheus awaited the daily arrival of the eagle, sent by the gods to peck at his liver. Meetings have been a form of torture for office staff for as long as they have pushed pencils and bashed keyboards. One eternal problem […]
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VW opens Rwanda’s first car-assembly plant

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VW opens Rwanda’s first car-assembly plant
HOW to sell cars when most people can’t afford to buy one? That is the conundrum for Volkswagen in Rwanda, where it is opening the country’s first car-assembly plant. A new Polo costs 33 times the average Rwandan income. Most cars on the road are second-hand imports. Rwanda absorbs perhaps 3,000 new cars a year, […]
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America Inc and the rage against Beijing

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America Inc and the rage against Beijing
ONE of the naughty secrets about America’s trade war with China is that it has the tacit support of much of America’s business establishment. For the past 20 years big firms’ default mode has been Sino-infatuation. Schumpeter attended a dinner in 2016 between the captains of USA Inc and Li Keqiang, China’s premier, and you […]
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