Recent Posts

NBA’s reopening is a warning sign for US

The NBA may be reflecting a still-hidden trend in the broader US economy: People may not actually be so keen to return to work. The NBA is planning to resume a fragment of its regular season, and then the playoffs, in a custom-tailored “bubble” in Orlando, Florida, on July 30. The games will be played only among the top teams in ...

Read More »

Federer-backed shoe brand booms amid virus lockdowns

Bloomberg For Swiss running shoemaker On AG, whose proprietary cushioning technology has attracted Roger Federer as an investor, the global coronavirus lockdowns had positive side effects. Online sales more than tripled in the three months through May as consumers itching for a good workout but wary of gyms turned to outdoor running, according to Chief Executive Officer David Allemann. Demand ...

Read More »

Investors seek to block Virgin Australia’s sale

Bloomberg Virgin Australia Holdings Ltd bondholders asked the country’s deals regulator to let them pitch a plan to rescue the airline in an effort to derail a sale to Bain Capital LP. Singapore-based Broad Peak Investment Advisers Pte and other bondholders told the Takeovers Panel that some elements of the Deloitte-run auction of the airline were “unacceptable” and effectively barred ...

Read More »
Send this to a friend