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News for nerds

China expected to keep curbs on int’l flights throughout H1 2022

China’s aviation regulator is likely to keep the current tight caps on international flights throughout the first half of 2022, analysts cited Air China as saying this week. Expectations of

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How the Chinese tycoon driving Volvo plans to tackle Tesla

“Do you know how big Volvo is?” asked Don Leclair, finance chief at Ford Motor Co.(F.N). It was 2008, and Leclair was responding to an offer from a little-known Chinese

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Apple offers small concession in easing App Store rules for Netflix, others

Apple Inc (AAPL.O) will let some apps like Netflix Inc (NFLX.O) provide links to their websites for user payments, a small concession that would allow app developers to bypass the

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A City divided? London tackles Brexit with twin-track finance

High in the skyscrapers that have taken root in its warren of medieval streets, City of London grandees are plotting a post-Brexit regulatory revamp to rival New York. The City,

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Japan investigating Amazon cloud disruptions to brokers, airline

Japan is investigating an Amazon Web Services (AMZN.O) outage that caused disruptions at major online brokerages, a leading mobile phone carrier and the country’s biggest airline, a government spokesperson said

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Daimler sees Q3 hit to Mercedes sales from chip shortage

“With the plant closings at semiconductor suppliers in Malaysia and elsewhere, the challenge has now become even greater, so that our sales in the third quarter will probably be noticeably

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Xi says China to set up Beijing stock exchange for SMEs

China’s President Xi Jinping on Thursday said the country would set up a stock exchange in its capital, Beijing, to serve small and medium-sized enterprises (SMEs). Mainland China’s two major

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