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Decision by car rental group comes as resale value of EVs has collapsed
Thank [expletive] for Michael O’Leary
Domestic industry wants stronger tariffs as subsidies have not done enough to ward off Chinese competition
...However, shifting to a much larger cash holding in a portfolio would be the wrong thing to do. Consider three possible scenarios for the global economy ahead: recession, resilience, or stagflation....
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...This acronym appears to have been coined by the Economist Intelligence Unit’s Robert Ward, and has some overlap with the MIST/MIKT/MINT countries (Turkey and Indonesia are in both)....
...The same dog-avoidance benefit probably contributed to actives beating passives last year in Denmark, where selling Ørsted and Genmab on the first sniff of trouble while holding on to Novo Nordisk would...
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...Expect these companies’ valuations to improve as the value of their real estate holdings rises....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
...“This is a connoisseurs’ collection and it will attract connoisseur buyers,” says Emma Ward of Ward Moretti. “These are not big splashy paintings, but gems to be enjoyed and loved privately....
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times
MassMutual arm files for temporary restraining order and preliminary injunction after 20 employees defect
More US-China decoupling in focus for investors as Tokyo market closes in on all-time high
...sobering series reminds us that a cold war was not, as it’s sometimes described, a tactical chess match played between poised statesmen, but a game of Russian roulette played by erratic, unstable brinksmen holding...
Company is one of the world’s largest suppliers of aircraft structures
Plane maker says reintegrating its former unit would strengthen safety and improve quality
...Such intimate works “could get lost in an auction environment”, Ward says....
Safety experts raise concerns over plane maker’s request for a regulatory exemption on critical safety rules for the Max 7
Loss of air pressure → Lots of cash pressure
...They just want to get their hands on its vast real estate holdings. Macy’s owns hundreds of its stores....
Senator says consultancies have not complied with subpoena seeking details of their work for the kingdom
Also in today’s newsletter: Taylor Swift’s place in football, golf’s changing of the guard, and more
...“CVR is the key thread holding what’s left of his empire together,” Nathan Anderson, who leads Hindenburg, told the FT earlier this year....
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