TimeLine Layout

November, 2016

  • 10 November

    How Trump could help the Federal Reserve

      Everyone has a lot to digest in the wake of Donald Trump’s presidential victory, but for markets one question looms large: What should it change in the policies of the world’s most powerful central bank, the U.S. Federal Reserve? The answer differs depending on whether you’re looking at the next few months or the next several years. In the ...

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  • 10 November

    Trump’s win can make us better investors

      One of the best things to do when confronted by a major surprise is to see what there is to be learned from the experience. I always try to identify what sorts of lessons can be gleaned from nonmarket events. You would be surprised at how often there are rules and insights to be had about investing. In the ...

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  • 10 November

    Econ 101 might be wrong about supply and demand

      Noah Smith As you might expect, economists tend to talk about lots things in terms of supply and demand. Macroeconomics is no different. The basic model of recessions and booms that gets taught in undergrad classes relies on the notions of aggregate demand and aggregate supply. Just like the demand for oranges is the number of oranges people want ...

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  • 10 November

    Emirates, Gulf giants score new lounges on Lufthansa’s home turf

      Bloomberg Emirates and the Gulf’s two other major airlines are likely to get pride of place at Frankfurt airport’s new terminal, allowing them to offer bigger premium-class lounges to compete more aggressively with local rival Deutsche Lufthansa AG. Frankfurt’s Terminal 3 will probably house Qatar Airways and Etihad Airways PJSC of Abu Dhabi, as well as Dubai-based Emirates, the ...

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  • 10 November

    Puma confident for 2016 after Q3 sprint

      Berlin / AFP German sporting goods maker Puma said on Thursday it almost doubled net profits in the third quarter thanks to strong growth in sales driven by sponsorships of top Olympic athletes in Rio. The Bavaria-based firm made 39.5 million euros ($43 million) in net profit between July and September, 98 percent higher than the same period last ...

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  • 10 November

    Jokowi seeks investors for Indonesia’s airports to curb deficit

      Bloomberg Indonesia, under pressure to rein in its budget deficit, plans to sell minority stakes in some of the nation’s airports and ports to private investors as President Joko Widodo seeks investment to fund his ambitious infrastructure agenda. The government intends to sell as much as 45 percent in 10 airports and 20 ports but will retain state control ...

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  • 10 November

    Coca-Cola, PepsiCo hit with wave of taxes

      Bloomberg Coca-Cola and PepsiCo face a wave of new soda taxes after four US cities voted to pass the measures, part of an escalating war on sugary drinks. Proposals to slap a 1-cent-per-ounce tax on sugar-sweetened beverages are poised to pass in the California cities of San Francisco, Oakland and Albany. In Boulder, Colo., meanwhile, a 2-cents-per-ounce tax is ...

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  • 10 November

    American Airlines goes all in on faster Wi-Fi

      Bloomberg American Airlines Group Inc. plans to install faster Wi-Fi on 500 more aircraft in its domestic fleet, bolstering an earlier order for ViaSat Inc. while dealing a blow to current service provider Gogo Inc. American has more than 1,100 aircraft with Wi-Fi service, a number the airline said gives it one of the largest Wi-Fi-equipped fleets in the ...

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  • 10 November

    Deutsche sees Mideast deal revival

      Bloomberg Deutsche Bank AG expects mergers and acquisitions to pick up in the Middle East and Africa next year after a ‘subdued’ 2016, according to the head of the company in the region, Jamal Al Kishi. Deals and initial public offerings will add to accelerating debt sales as governments seek to fill budget gaps caused by the oil slump, ...

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  • 10 November

    India banks reopen to long queues after rupee withdrawal

      New Delhi / AFP Long queues formed outside banks in India on Thursday as they reopened for the first time since the government’s shock decision to withdraw the two largest denomination notes from circulation. Some banks in the capital New Delhi had received the new 2,000 rupee ($30) bill and a number of ATMs were working again, two days ...

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