November, 2018

• 10 November

  China is changing, far beyond tariffs and yuan

  Recognising the passing of an era is key to understanding what the world economy will look like beyond the next couple of quarters. That big picture is what is lost in the current handicapping of specific yuan levels and the next tariffs. The larger point is that China is evolving into a different animal from the one that’s buoyed world ...

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• 10 November

  How the crypto crash could be beneficial

  

  These days, cryptocurrencies are far from the rage. Many have lost 80 percent or more of their market value from their peak in January, and some have fallen off the map altogether. But perhaps that development is precisely what we need for crypto to take the next step forward. For context, railroad stocks collapsed after a bubble in the 19th ...

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• 10 November

  Norway’s $1 trillion fund has a problem

  

  It’s the very definition of a first-world problem, but Norway’s $1 trillion sovereign wealth fund (SWF) is wrestling with whether to make its investment portfolio less diverse. It’s a subject that cuts to the heart of the “active manager versus passive index” debate. As part of a long-running review, which will lift the fund’s equity allocation to 70 percent, the ...

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• 10 November

  There’s one way to tackle Facebook and Google

  

  Wouldn’t it be wonderful, with the wealth of information available on the internet today, to go back to the nice village feel of the web’s earliest days, when it was free to almost everyone who had access to it, personal data weren’t bought and sold, important decisions weren’t made by algorithms and online bullying, harassment and disinformation were non-issues outside ...

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• 10 November

  VW to roll out $21,000 e-car to challenge Tesla

  

  Bloomberg Volkswagen AG plans to add a subcompact crossover costing about 18,000 euros ($21,000) to its all-electric I.D. range, expanding its lineup of zero-emissions vehicles that are more affordable than those of Tesla Inc., according to people familiar with the matter. The entry level vehicle may be built at VW’s factory in Emden, Germany, said the people, who asked not ...

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• 10 November

  Some iPhone X units have faulty touch screens: Apple

  

  Bloomberg Apple Inc. disclosed a pair of issues affecting two of its more popular products: the iPhone X and the 13-inch MacBook Pro. The Cupertino, California-based technology giant said the screen on some iPhone X units doesn’t respond or responds intermittently when touched. The company also said some units could have displays that react even when they aren’t touched. The ...

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• 10 November

  Dyson to develop air purifier-headphone combo

  

  Bloomberg Dyson is considering developing a wearable air purifier that could double as a pair of headphones, hoping to tap demand from pollution-choked cities in Asia, people with knowledge of the project said. The UK company submitted patents for a “wearable air purifier” this year, according to filings to the UK Intellectual Property Office. The gadget is primarily an air ...

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• 10 November

  Amazon to sell Apple products sans speaker

  Bloomberg Apple and Amazon.com, two of the world’s most valuable technology companies, struck a deal to get the newest iPhones into the hands of Amazon customers. Amazon said it would begin selling the most-recent iPhone, iPad, Mac computer, Apple Watch and Apple TV models on its website, along with branded accessories and headphones from Apple’s Beats subsidiary. Apple introduced the ...

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• 10 November

  Longview gets turboprop crown in Bombardier deal

  

  Bloomberg A little-known company on Canada’s west coast will become king of the turboprops and owner of some of the most storied brands in the country’s aviation history after striking a deal with Bombardier Inc. Closely held Longview Aviation Capital Corp. is poised to become North America’s largest maker of turboprop aircraft with its $300 million purchase of Bombardier’s Dash ...

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• 10 November

  Lion Air plane rips wing in another incident post crash

  

  Bloomberg Days after Lion Air lost a plane in Indonesia’s worst air disaster in two decades, the carrier has found itself in the midst of another incident. A Boeing 737-900ER operated by PT Lion Mentari Airlines clipped a pole while taxiing at Bengkulu airport in southern Sumatra, shearing the tip of its left wing, the carrier said in a statement. ...

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