Norway’s sovereign-wealth fund passes the $1trn mark

A year earlier than expected, Norway’s sovereign-wealth fund, the world’s largest, surpassed $ 1trn in assets on September 19th. It had gained over $ 100bn in the past year, thanks in large measure to the global stockmarket boom in 2017: around two-thirds of its assets are held as equities (over 1% of shares globally). It helps that Norwegians More...

by Pundit001 | Published 2 days ago
By Pundit001 On Friday, September 22nd, 2017
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Online matchmaking businesses in India have many ways to woo

“IT WAS 2012…I was number 37,” says Ashwini, referring to the badge that was pinned on her shirt pocket. Her task was to go onto the stage and introduce herself to around 70 eligible bachelors and their parents. More...

By Pundit001 On Thursday, September 21st, 2017
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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 More...

By Pundit001 On Thursday, September 21st, 2017
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China sets its sights on dominating sunrise industries

IN RECENT days China set the record for the world’s fastest long-distance bullet train, which hurtled between Beijing and Shanghai at 350kph (217mph). This was a triumph of industrial policy as much as of engineering. More...

By Pundit001 On Thursday, September 21st, 2017
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America holds the World Trade Organisation hostage

EIGHT months into Donald Trump’s presidency, the rules-based system of global trade remains intact. Threats to impose broad tariffs have come to nothing. Some ominous investigations into whether imports into America More...

By Pundit001 On Wednesday, September 20th, 2017
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The case against shrinking the Fed’s balance-sheet

AS EXPECTED, the Federal Reserve announced on September 20th that it will soon begin reversing the asset purchases it made during and after the financial crisis. From October, America’s central bank will stop More...

By Pundit001 On Wednesday, September 20th, 2017
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Toys “R” Us files for bankruptcy

ASK young American parents about Toys “R” Us and they are likely to be able to sing a jingle from their childhood: “I don’t wanna grow up, ’cause maybe if I did, I couldn’t be a Toys ‘R’ Us kid”. More...

By Pundit001 On Tuesday, September 19th, 2017
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Ryanair’s mass cancellations are a problem of its own making

WHEN Ryanair convinced many of its pilots to take fewer holidays during peak summer-travel season, it probably thought it was being clever. But poor planning and a bit of bad luck have left the airline with a shortage More...

By Pundit001 On Tuesday, September 19th, 2017
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The Ryanair cancellations

SOME strategies are too successful. When Ryanair convinced many of its pilots to take less vacation during peak-travel season, it probably thought it was being clever. However, pilots who ferry tourists to holiday More...

By Pundit001 On Tuesday, September 19th, 2017
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The value of credit-card points

THE value of credit-card points has long been a topic of debate among business travellers. The subject is also picked over online on an impressive number of dedicated blogs and forums. Now it is getting an airing More...