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Another big fat Indian deleveraging

  India’s ‘House of Debt’ is still swaying, though a little less dangerously than before. For the country’s highly leveraged companies, the year is closing on a somewhat more cheerful note than seemed possible six months ago. First, it was the billionaire Ruia brothers delivering the good news to Standard Chartered Plc and other creditors. As much as $5 billion ...

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Woe to those who wind up disrupted by Amazon

  What is Amazon.com Inc., exactly? If you answered “an online book retailer,” then you haven’t been paying attention for like, oh, the past decade or so. What seems like a straight-forward question is actually a much more complex and surprising inquiry than you might have guessed. I began thinking about this earlier this year, when we looked at whether ...

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China to boost economy by getting people to jump out of planes

  Bloomberg China has targets for just about everything, from ethanol production to reaching Mars. Now the top economic planning body wants to get more tourists to hit the road, and has even announced targets for skydiving, water skiing and mountain climbing, as authorities push for more consumer spending to aid the economic transition away from old industrial drivers. The ...

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