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The UK energy crisis won’t steal Christmas

  With energy prices soaring, few houses will be fully illuminated during the festive season. Don’t expect glowing reindeers on lawns or Santas on rooftops. Up and down the country, these holiday features will likely be absent this year. But don’t think Christmas trees will be totally stripped of their fairy lights. Despite the dire predictions, Brits will try to ...

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A political crisis is the last thing Pakistan needs

  With Pakistan reeling from devastating floods and spiraling inflation, it’s an exceptionally bad time for a political crisis. Unfortunately, that’s what seems to be shaping up in the standoff between the government and ex-prime minister Imran Khan. All sides should recognize that compromise is in their best interests — and, more to the point, in Pakistan’s. Khan bears the ...

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SpiceJet to raise $200m in fresh capital to ease finance problems

  Bloomberg SpiceJet Ltd said it’s in talks with bankers to raise as much as $200 million in fresh capital after reporting a worse than expected quarterly loss, as the Indian airline looks to work a way out of financial distress. The carrier plans to also spin off its cargo business into a separate company, SpiceXpress, by the end of ...

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