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Boeing takes off on a flight of hypocrisy against Bombardier

Boeing takes off on a flight of hypocrisy against Bombardier

“WE WON’T do business with a company that is busy trying to sue us.” So said an uncharacteristically stern Justin Trudeau, Canada’s prime minister, alongside his British counterpart, Theresa May, in Ottawa on September 18th. The two had teamed up to take on Boeing. The giant American aeroplane-maker is pressing Donald Trump’s administration to impose […]

September 21, 2017 | By | Reply More
Behind the veil of Saudi Aramco

Behind the veil of Saudi Aramco

IF SAUDI ARAMCO is a state within a state in Saudi Arabia, then the blandly named Oil Supply Planning and Scheduling (OSPAS) is its deep state. To enter it, you pass tight security at Aramco’s suburban-style headquarters in Dhahran, in the east of the kingdom. The transition is eye-opening. Suddenly, English is the common tongue […]

September 21, 2017 | By | Reply More
Big technology firms are newly in the hot seat at home

Big technology firms are newly in the hot seat at home

Jane Doe and friend ANTITRUST, privacy, hate speech—whenever the European Union tries to rein in tech giants, Americans accuse it of protectionism. That argument has always been simplistic, but now it is harder to make; scarcely a week passes in Washington when companies like Apple and Google are not in politicians’ crosshairs. The latest target […]

September 21, 2017 | By | Reply More
Ryanair cancels more than 2,000 flights over the next six weeks

Ryanair cancels more than 2,000 flights over the next six weeks

Not his biggest cock-up said O’Leary RYANAIR, an Irish airline, is known for three things: low fares, the brash way in which Michael O’Leary, its chief executive, advertises them, and its record for sticking to its flight schedules. The last of these is key to its appeal: many businessmen chose Ryanair more for its punctuality […]

September 21, 2017 | By | Reply More
What if large tech firms were regulated like sewage companies?

What if large tech firms were regulated like sewage companies?

THREE-QUARTERS of Americans admit that they search the web, send e-mails and check their social-media accounts in the bathroom. That is not the only connection between tech and plumbing. The water and sewage industry offers clues to the vexed question of how to regulate the Silicon Valley “platform” firms, such as Alphabet, Amazon and Facebook. […]

September 21, 2017 | By | Reply More
Marital choices are exacerbating household income inequality

Marital choices are exacerbating household income inequality

It’s all a matter of degree “HERE’S what nobody is telling you: Find a husband on campus before you graduate,” wrote Susan Patton, a human-resources consultant, in 2013. In an infamous letter to the editor of Princeton’s student newspaper, Ms Patton warned female students at the university that they will “never again be surrounded by […]

September 21, 2017 | By | Reply More
Huge volumes of data make real-time insurance a possibility

Huge volumes of data make real-time insurance a possibility

Mind your heads EVEN at weddings or whale watches, the buzz of a drone is no longer a surprise. Drone photography is booming. Gartner, a consultancy, says some 174,000 drones will be sold for commercial use around the world this year, and 2.8m to consumers. It is easy to imagine a few might fall out […]

September 21, 2017 | By | Reply More
Oldtown reports explosion at unit's food processing centre

Oldtown reports explosion at unit's food processing centre

PETALING JAYA: Oldtown Bhd has reported an explosion at the central food processing centre of its wholly owned subsidiary, Emperor’s Kitchen Sdn Bhd. In a filing with Bursa Malaysia today, the company said the incident occurred at about 8am today, affecting only the production floor of the centre in Subang Jaya. The adjacent areas occupied […]

September 21, 2017 | By | Reply More
Sentoria proposes rights, bonus issues

Sentoria proposes rights, bonus issues

PETALING JAYA: Sentoria Group Bhd has proposed to undertake a rights issue that will raise gross proceeds of up to RM52.8 million, to be used as working capital. In a filing with Bursa Malaysia today, the group said RM35 million will be used for the group’s property development projects, RM16.8 million for general working capital […]

September 21, 2017 | By | Reply More
Spritzer to raise RM63.8m for warehouse expansion

Spritzer to raise RM63.8m for warehouse expansion

PETALING JAYA: Spritzer Bhd has proposed an issuance of up to 27.4 million new shares to Tasik Puncak Holdings Ltd to raise up to RM63.81 million to fund the expansion of warehouse facilities in Taiping. Upon completion of the exercise, Tasik Puncak Holdings, which currently does not hold any shares in the group, will emerge […]

September 21, 2017 | By | Reply More