June, 2019

• 2 June

  China trade war risks engulfing Embraer

  

  Bloomberg For Embraer Commercial, the escalating rift between the US and China is making things difficult. That’s because the commercial plane-making unit of Embraer SA counts China as its biggest market and is in the process of being taken over by the US’s top exporter, Boeing Co. The unit, which will be renamed Boeing Brasil Commercial, is seeking antitrust approval ...

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• 2 June

  KLM to host IATA’s annual meet in Amsterdam in 2020

  

  Seoul / Emirates Business The International Air Transport Association (IATA) announced that KLM Royal Dutch Airlines will host the 76th IATA Annual General Meeting (AGM) and World Air Transport Summit in Amsterdam, the Netherlands, from June 22-23, 2020. This will be the third time that the Netherlands will host the global gathering of aviation’s top leaders (Following events held in ...

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• 2 June

  Calvin Klein owner plunges as Trump’s trade tariffs spook shoppers in China

  

  Bloomberg President Donald Trump’s trade war with China is creating a mess on both sides of the Pacific Ocean for American fashion labels Tommy Hilfiger and Calvin Klein. PVH Corp, the parent company of both brands, plunged the most in a decade after reporting that the escalating battle is causing anxious American and Chinese shoppers to buy less. “Tariffs and ...

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• 2 June

  Aviation tycoon Neeleman eager to buy new Airbus jet

  

  Bloomberg Airline entrepreneur David Neeleman said he’d be at the front of the line for a proposed new longer-range Airbus SE jetliner if it’s launched at next month’s Paris Air Show, as widely expected. “We’d definitely be interested in that airplane,” Neeleman said of the Airbus A321XLR, which wouldn’t start deliveries until 2023. “I wish it was coming sooner,” he ...

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• 2 June

  Will Trump ease up on Huawei? Don’t be so sure

  

  With the Huawei case, as with so many other Trump administration gambits, the puzzling question is whether the president is using tough tactics to make a deal — or whether he really means to put China’s most powerful telecommunications company on what’s informally known as the “kill list” by denying it US technology. US financial markets have been fairly calm ...

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• 2 June

  Greece hands out a lesson to Italy

  

  The European Parliament elections were meant to mark the high point of populism in Europe. Instead, they may have led to the political demise of its earliest champion: Alexis Tsipras. Greece’s prime minister, who stunned the continent with a double win in consecutive general elections in 2015, has called a snap vote that will probably be held at the beginning ...

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• 2 June

  South Africa is hobbled by the market change

  The downside of being the most liquid emerging market currency is that it’s hard to avoid the impact when investors turn cold on risk assets. Unfortunately, South Africa’s rand has other issues to wrestle with too. The currency has recovered some of its poise after a selloff last week. But even as the political situation settles, there’s another technical dynamic ...

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• 2 June

  The biggest losers in US-China trade war

  Debate continues about how much the costs of this trade war fall on China vs. the US, but the American contributions to that debate are overlooking some of the biggest victims: the countries “caught in the middle.” The current trade war is making it harder for many countries, and many businesspeople, to maintain even a partly pro-American stance. Take Pakistan, ...

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• 2 June

  How Brexit broke Britain’s two-party political system

  

  “If at first you don’t succeed, try, try and try again.” Every British schoolchild has been brought up on this idiom. Theresa May is clearly no exception. She tried to get her deal through the House of Commons three times, and three times she was defeated. There’s another adage, allegedly American: “If you’re in a hole, stop digging.” All that ...

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• 2 June

  Thailand is risking squandering its golden trade chance

  

  Just as Thailand looks ready to displace Chinese parts and products in American cars and kitchens, dysfunctional politics may cause the opportunity to slip out of its grasp. After five years of military rule, the Southeast Asian nation has returned to a fragile democracy. A pro-junta alliance is still negotiating with potential allies to form the next government following elections ...

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