Recent Posts

Tesla is biggest battle on smallest battlefield

Tesla Inc.’s earnings can be viewed as the market’s most intense conflict fought on its smallest battlefield. The third quarter just gone is a prime example. The much-loved and much-shorted stock jumped 28% between last week’s earnings release and October 29 filing of the quarterly 10-Q statement. The $13 billion that added to the market cap was effectively balanced on ...

Read More »

Indonesia does its best to scare off investment

If the definition of insanity is doing the same thing over and over and expecting a different result, what is Indonesia playing at? The country announced an immediate halt to exports of nickel ore, sending prices gyrating as traders tried to gauge the impact of a measure that was originally slated for 2022. We’ve been here before: From 2014 to ...

Read More »

Pooling state aviation assets will unlock funds: Kenya Air

Bloomberg Kenya Airways Plc said the proposed nationalisation and its inclusion in a state-owned aviation holding company will enhance its ability to borrow funds for expansion. The new entity will comprise Kenya Airways, Nairobi’s Jomo Kenyatta International Airport and the Kenya Airports Authority, Chairman Michael Joseph said in an interview. The combination of the businesses is expected to create a ...

Read More »
Send this to a friend