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...According to Airlines for America, combined with the reduction in unit revenues (-29% yoy), passenger revenues fell 44% in September 2001....
...This change will result in an exceptional gain in 2017/18 of approximately £125m....
...The European Central Bank is expected by many next month to further ease monetary policy with many expecting it to push its deposit rate further into negative territory....
...Alibaba’s part-owned taxi app Kuadi Dache has made hailing a ride more efficient, while the Yu’E Bao money market fund, which acts like a bank deposit and offers higher interest than the state regulated...
...Five major banks have said they will stump up tens of millions of dollars to fund the new venue on Tradeweb, a company owned by Thomson Reuters and a consortium of banks, according to people familiar with...
...(Bloomberg) OVERNIGHT MARKETS: UP Asian markets Nikkei 225 down -105.31 (-0.76%) at 13,694 Topix down -5.09 (-0.44%) at 1,153 Hang Seng up +219.60 (+0.97%) at 22,910 US markets S&P 500 up +16.83 (+1.05%...
...Market Index down -0.03% at 1,039 Americas DJIA up +0.14% at 14,840 S&P 500 up +0.25% at 1,598 Bovespa up +1.86% at 55,910 Asia Nikkei 225 down -0.36% at 13,812 Topix down -0.51% at 1,159 Hang Seng up...
...The CIO, formerly part of JPMorgan’s treasury office function but split out in 2005, managed the bank’s excess deposits....
...A public sign of such activity came on Friday when Colony Capital won a Federal Deposit Insurance Corporation auction for $1bn (€693m) of commercial property loans formerly held by failed banks in states...
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