The South China Morning Post published an analysis of the 210,000 licensed drivers of Hong Kong’s iconic taxi fleet. Those Toyota Crown sedans are a venerable design, released in 1995. More venerable still are its drivers, nearly half of whom are older than 60. Hong Kong’s taxi drivers are a service sector aging in real time, a microcosm of a ...

Luck plays a much greater role in success than successful people often acknowledge, and the same applies to business. Norwegian Air Shuttle ASA, which like its peers has been forced to ground its 18-strong fleet of 737 Max planes following the tragedy in Ethiopia, could certainly use some serendipity. While corporate fortunes seem unimportant when you’re talking about a large ...

Bloomberg Direct lenders are gearing up for more business in the UK as they see banks shrinking their sterling corporate loan books in the wake of Brexit-linked volatility and slower economic growth. Private credit fund managers say they are already witnessing an increase in deal flow as traditional lenders turn more cautious in the run up to Britain leaving the ...