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Last November, in a bid to internationalize its currency, China’s yuan was successfully admitted to …
Read More »Evidence China lacks a committed economic direction?
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London City Airport sale could push leading carriers to leave
LONDON / Bloomberg London City Airport’s sale to a Canadian-led group of investors at a …
Read More »Fuel rate dip: British Airways witnesses high annual profit
London / AFP International Airlines Group, owner of British Airways (BA) and Iberia, said that …
Read More »Republic Airways files for bankruptcy after pilot shortage
Indianapolis / Bloomberg Short-haul carrier Republic Airways Holdings Inc. filed for bankruptcy, blaming a lack …
Read More »Air France to undergo 1,605 job cuts in 2016
PARiS / Bloomberg Air France told a workers’ council it will eliminate 1,605 jobs this …
Read More »Bond dealers to report retail markups
Bloomberg Brokers would have to reveal how much they earn on bond transactions that involve …
Read More »Homebuyers are now scared to dream
BLOOMBERG Rising home prices in hot housing markets are robbing buyers of a favorite pleasure: …
Read More »Singapore City developers to relax some curbs this year
BLOOMBERG The longest losing streak in Singapore residential prices in 17 years may prompt the …
Read More »Hilton plans REIT, timeshare spinoffs in bid to unlock value
Atlanta / Bloomberg Hilton Worldwide Holdings Inc. said it will spin off its lodging properties …
Read More »Property bubble bets help spur surge in Aussie bank bond risk
Canberra / Bloomberg The cost of insuring the debt of Australia’s largest banks surged by …
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