Recent Posts

Putin, Xi exposed great illusion of capitalism

  A book published in 1919 on “The Economic Consequences of the Peace” isn’t the obvious starting place for understanding the economic consequences of the current war in Ukraine. But it’s worth taking a little time to read John Maynard Keynes’s famous description of the leisurely life of an upper-middle-class Londoner in 1913 — just before the Great War changed ...

Read More »

Airbus scouts India in search of elusive widebody customer

  Bloomberg Airbus SE has tried for years to find a new customer for its bigger jets in India, the world’s fastest growing aviation market before Covid shattered travel. Two of its previous buyers went bankrupt, while another was sold, giving arch rival Boeing Co a firm foothold in the South Asian nation’s market for transcontinental planes. Remi Maillard, the ...

Read More »

CD&R’s $9.2b Morrison deal faces probe in UK

  Bloomberg Clayton Dubilier & Rice (CD&R) LLC has been given five days to address competition concerns in its 7 billion pound ($9.2 billion) purchase of British grocer Wm Morrison Supermarkets Plc or it will face an in-depth probe from the UK’s watchdog. The Competition and Markets Authority (CMA) said the deal could lead to higher fuel prices in 121 ...

Read More »
Send this to a friend