Recent Posts

Big streaming ambitions of Netflix don’t come cheap

Remember this when you see your Netflix bill rising: It has to be this way. The company has recently warned price increases are coming for many subscribers in the US and other countries. It’s happening because Netflix Inc. has been spending a small fortune to supply homes with entertainment —such as ‘Narcos’ and ‘Stranger Things’—that it creates itself, owns and ...

Read More »

Tesco has had enough of being treated like it’s junk

UK supermarket giant Tesco Plc announced this week it will buy back up to 700 million pounds ($921.6 million) of its outstanding debt across a series of its bonds — and then cancel it. Yields fell sharply on the news. This should surely send a clear signal to rating companies that it is on the path back to an investment ...

Read More »

Venezuela’s empty polls lead to hollow democracy

“A triumph of peace and democracy.” That’s how Venezuelan President Nicolas Maduro described his government’s implausible victory in last weekend’s gubernatorial elections. In fact, it is a further hardening of the soft autocracy that used to be South America’s richest democracy. Maduro’s government entered the polls with an approval rate of about 24 percent in a collapsed economy with inflation ...

Read More »
Send this to a friend