Recent Posts

Facebook, Amazon rely on an invisible workforce

  You don’t see them, but they’re there: hundreds of thousands of people sitting at keyboards for hours on end to keep online services humming along seamlessly. It can seem like the internet operates entirely automatically, but it doesn’t. Humans are often hidden behind the scenes, working in real time to verify your identity, flag hate speech or caption videos. ...

Read More »

Cathay Pacific is on life support

Is any airline on the planet in a more impossible situation right now than Cathay Pacific Airways Ltd.? The carriers that have coped best during the pandemic have two qualities in common. They either have a substantial domestic or quasi-domestic market, such as Interglobe Aviation, Spring Airlines or Ryanair Holdings; a reliable government shareholder, like Singapore Airlines; or, ideally, both, ...

Read More »

Bond market plot twist puts Europe’s recovery at risk

  The 10-year German bund yield has turned positive after almost three years below zero. It’s a sign of the times as government borrowing costs are on the rise globally. With the euro zone’s nascent economic recovery more fragile than that of the US, however, the European Central Bank needs to remain vigilant that increased market interest rates don’t choke ...

Read More »
Send this to a friend