JUHA JARVINEN, an unemployed young father in a village near Jurva, western Finland, brims with ideas for earning a living. “I’m an artist and entrepreneur. Sometimes I’m too active, I don’t have time to stop,” he says. He just agreed to paint the roofs of two neighbours’ houses. His old business, making decorative window frames, […]
Read moreGULLIVER wrote last week about American Airlines handing indignant flyers a notable victory. The carrier rescinded a plan to take away an inch of legroom from economy-class seats on new planes, following a public outcry. Such concessions are rare. Airlines generally worry about how customers vote with their wallets not how they grumble with their […]
Read moreLAST year, Bob Fornaro, the boss of Spirit Airlines, talked of the effort his firm had made to reduce the number of customer complaints. The ultra-low-cost carrier, dubbed the most hated airline in America by Bloomberg, had long been ranked as a primary purveyor of passenger pain, regularly propping up lists that rate airline service. […]
Read moreAMAZON announced on June 16th that it would pay $13.7bn to buy Whole Foods, a grocer known for its organic produce. On the face of it, the purchase might not seem to upset the grocery cart, either for Amazon or for the supermarket business. Amazon controls a measly 0.2% of America’s grocery market; Whole Foods […]
Read moreAS the global financial system was engulfed in crisis in 2008-10, only one set of banks in Europe and North America stayed serene and safe: Canada’s big five lenders. They were largely untouched by the madness south of the border and across the pond and kept churning out profits. After the crisis experts went on […]
Read moreA lot can be achieved in 40 years. You could build a decent sized Egyptian pyramid with manual labour, construct a massive channel connecting the Atlantic and Pacific oceans and still have another decade up your sleeve to develop the Apollo program to get the first man on the moon. There would also be enough […]
Read moreThe consensus view is that around 15,000 jobs will have been added in September but unemployment will edge up slightly to 5.7 per cent.NAB’s David de Garis said it is likely to be a stronger gain of 30,000 jobs and unemployment remaining at 5.6 per cent. That’s not because the economy has suddenly taken off, […]
Read moreGovernment revised rehabilitation of bonded labour scheme, bringing it into the Central sector. Scheme proposes to increase the Budget provision from rs. 5 crore to about Rs. 47 crore per annum.
Read moreBusiness Turnbull to restrict gas exports to lower power prices The Federal Government will intervene to restrict gas exports in a move Malcolm Turnbull argues will put downward pressure on power prices. Why you’re about to pay through the nose for power House prices showing signs of cooling as impact of apartment boom hits The […]
Read moreMarkets Live: Moody’s unsettles banks Shares end the session lower as investors grow more cautious around the lenders after a ratings agency downgrade, while falling oil and bond prices hit energy and listed property stocks. Unloved banks weigh on ASX Another record close on Wall Street didn’t help the local sharemarket, as investors took profits […]
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