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AirAsia’s cheap date won’t be easy to please

Budget airlines are all about cheap flights — AirAsia Bhd. really brings new meaning to the term. Its non-fuel costs are the lowest in the entire industry. At 1.73 US cents per available seat kilometer, they’re less than half of Ryanair Holdings Plc’s 3.59 cents and about one-sixth of the amount paid by the big three US carriers, according to ...

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Unilever’s problem with London goes way beyond Brexit

If Unilever NV picks Rotterdam over London as its new headquarters, Britain will need to ask itself why. One reason might be that the UK’s corporate culture puts shareholders first—and this money-grabbing ethos is behind the times. Theresa May’s government is braced for the Anglo-Dutch consumer group to leave London, the Financial Times reported. Unilever started reviewing its dual-headed structure ...

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European Union can do a lot more with its money

For all the talk of the costs that “Brexit” will impose on Britain, the UK’s withdrawal from the European Union will not be painless for the rest of the bloc either. One immediate problem will be how to fill the gap in the EU budget resulting from Britain’s departure. The UK is a net contributor to the EU budget. Even ...

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