June, 2017

• 19 June

  More troops for Afghan sans Trump’s plan

  Usually when a president agrees to send more troops to a war zone, it’s part of a broader strategy. George W. Bush approved the surge of forces to Iraq as part of a population-centric counterinsurgency war plan. Barack Obama did the same in his first year when it came to Afghanistan, though he eventually regretted the decision, and spent most ...

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• 19 June

  As debt piles up, the old take from the young

  

  Edmund Burke saw society as a partnership between those who are living, those who are dead, and those who are yet to be born. A failure to understand this relationship underlies a disturbing global tendency in recent decades, in which the appropriation of future wealth and resources for current consumption is increasingly disadvantaging future generations. Without a commitment to addressing ...

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• 19 June

  Goldman’s robotic IPOs address a shrinking equity market

  

  Goldman Sachs is embracing the machines. The firm that has long cultivated an image of relationship banking and trusted advice — in reality Goldman was always more of a trading house than rivals Morgan Stanley or boutiques like Lazard — now says it plans to hand over about half of the IPO process to computers. Goldman is trying to portray ...

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• 19 June

  What’s wrong with letting tech run our schools

  

  Silicon Valley tech moguls are conducting an enormous experiment on the nation’s children. We should not be so trusting that they’ll get it right. Alphabet Inc. unit Google has taken a big role in public education, offering low-cost laptops and free apps. Mark Zuckerberg of Facebook Inc. is investing heavily in educational technology, largely though the Chan Zuckerberg Initiative. Netflix ...

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• 19 June

  S’pore property stocks may build on best rally in 5 years

  

  Bloomberg Singapore property stocks are set for their best annual performance in five years, and strategists believe the rally is far from over. With an expected pickup in real estate following the easing of housing curbs, developers are expected to be the bright spot in Singapore equities as gains in the city-state’s stocks may be limited for the rest of ...

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• 19 June

  Macron’s victory boosts Europe stocks

  

  Bloomberg European stocks headed for the biggest gain in seven weeks, boosted by French equities after the country’s new president won a free hand to drive through economic reforms. Oil slid as fears of an ongoing supply glut refused to go away. Banks and automakers were the biggest winners as the Stoxx Europe 600 gained a second day. The CAC ...

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• 19 June

  Boeing takes on Airbus with $30bn flurry for biggest 737

  

  Bloomberg Boeing Co. is set to receive orders and commitments worth roughly $30 billion for the stretched Max 10 upgrade of the 737 workhorse, as its first new jet in almost four years counters Airbus SE’s headstart at the largest end of the single-aisle aircraft market. The biggest 737 variant is set to get more than 240 orders from at ...

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• 19 June

  Reebonz seeks to raise $150mn to boost sales

  

  Bloomberg Reebonz Pte, Southeast Asia’s largest online luxury retailer, is planning to raise as much as $150 million to bolster its marketplace business and fund expansion in China, Japan and South Korea. Reebonz has been working with investment banks including Credit Suisse Group AG and Goldman Sachs Group Inc. since May to engage potential investors, Chief Executive Officer Samuel Lim ...

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• 19 June

  ‘Rolls-Royce may jump 85 percent by 2020’

  Bloomberg Rolls-Royce Holdings Plc’s stock may rise 85 percent by 2020 as the company boosts its share of a growing market for aircraft engines, Eashwar Krishnan, managing partner of hedge fund Tybourne Capital Management said in Hong Kong. The company is at an “inflection point” Krishnan told the Sohn Conference. A low cash flow leads investors to undervalue Rolls-Royce, which ...

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• 19 June

  flydubai inks MoU to boost cargo ops

  

  Emirates Business Dubai-based airline, flydubai, and Mercator, a global provider of software platforms and product-enabled solutions to the travel and transport industry, have announced the signing of a seven-year extension to their air cargo management contract. The renewal agreement reaffirms the continuation of the strategic partnership initiated in 2012, designed to provide flydubai with a next-generation technology platform that enables ...

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