November, 2019

• 18 November

  Global markets in 2019 are explained in one chart

  It’s still all about the central banks. If you care about allocating money between global assets, everything else remains ancillary, and all 2019’s biggest trends — from negative interest rates in Germany through the inverted US yield curve to the impressive global rebound in share prices — can be explained by the actions of central bankers. Many will find this ...

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• 18 November

  India has people. What it needs is consumers

  

  A long-held belief of analysts in India is that the economy is supply-constrained. Demand isn’t even worth a footnote, while a temporary squeeze in the onion market deserves obsession because it could be inflationary. It’s increasingly obvious that this view is outdated. In October, inflation quickened more than expected to 4.62% because of, yes, an onion shortage. Yet core inflation, ...

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• 18 November

  Floods in Venice are the result of climate change, corruption

  

  The floods in Venice that have killed several people and damaged hundreds of buildings including St Mark’s Basilica appear inexorable. The city is a fragile treasure built on 118 islands off Italy’s northeast coast. In a way, it’s a miracle that Venice has managed to survive and thrive for more than 1,000 years. It built a naval and commercial empire ...

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• 18 November

  The climate crisis is coming for your Land Rover

  

  If you’ve dropped the kids off at school in London or the New York suburbs recently, the idea that Jaguar Land Rover (JLR) Automotive Plc is struggling must seem far-fetched. The British carmaker’s Range Rover SUVs have become a common feature of the upper-middle class lifestyle. How else would one get to brunch and the gym? Yet a decade after ...

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• 18 November

  Best Mart 360, HK protest target, sees double digit drop

  

  Bloomberg Snacks chain Best Mart 360 Holdings Ltd has seen revenue drop by double digits as its stores come under attack by radical Hong Kong protesters in the ongoing anti-Beijing movement that’s gripped the city. As protests become increasingly violent, more than 70 of its 102 stores have been vandalised in over 180 instances, chairman Lin Tsz Fung said in ...

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• 18 November

  SpiceJet in talks with Boeing to buy more Max jets

  

  Bloomberg Indian low-cost carrier SpiceJet Ltd is in talks with Boeing Co to buy more 737 Max aircraft to feed its expansion plans, a deal that could mark a Dubai Airshow coup for the grounded narrow-body. A sales lull for the Max, idled globally since March, allows SpiceJet to acquire planes at a lower cost, Chairman Ajay Singh said in ...

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• 18 November

  Boeing says Latin America needs 2,960 new planes by 2038

  

  Bloomberg The Latin America aviation market will more than double in 20 years as Brazil’s economy recovers and discount carriers boost demand, driving a need for 2,960 new planes, according to Boeing Co. “Low-cost carriers have really been the engine of growth in Latin America,” Darren Hulst, Boeing’s managing director for market analysis & sales support, said in Sao Paulo. ...

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• 18 November

  Airbus chief pledges to stay in UK if Brexit goes through

  

  Bloomberg Airbus SE Chief Executive Officer Guillaume Faury said the latest Brexit deal between Britain and European Union should pave the way for the aerospace giant to carry on making plane wings in the UK. The British division, which employs 14,000 people and supports 110,000 supplier jobs, is “very competitive” and will remain a focus for wing production so long ...

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• 18 November

  Malaysian KFC operator’s owner considers selling it

  

  Bloomberg QSR Brands (M) Holdings Bhd’s owners are considering a sale of the fast-food operator, which runs KFC and Pizza Hut restaurants in Southeast Asia, after shelving an initial public offering earlier this year, people with knowledge of the matter said. The Malaysian company’s major shareholders, which include private equity firm CVC Capital Partners, are working with an adviser to ...

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• 18 November

  Qantas denies American artist’s claims of racism

  Bloomberg Qantas Airways Ltd denied that one of its flight attendants discriminated against will.i.am after the co-founder of the Black Eyed Peas tweeted his grievances over an incident involving his laptop. The seven-time Grammy winner tweeted that a flight attendant called the police on him for not stowing away his laptop during a flight to Sydney from Brisbane. The artist, ...

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