UK-Based Multinational Department Store Debenhams Collapses, After 200 Years of Trading by Don Quijones • Apr 9, 2019 • 50 Comments “The traditional private equity model should have no place in retail.”
UK Auto Sales Now Down 15% in Q1 from 2 Years Ago. Diesels in Death Spiral by Don Quijones • Apr 5, 2019 • 29 Comments But “superminis” are hot.
Currency-Trading Algos “Flummoxed” by Rapid-Fire Brexit Headlines by Wolf Richter • Apr 4, 2019 • 57 Comments AI Not There Yet?
US Still Cleanest Dirty Shirt Among Manufacturing Giants, Germany Drops to Debt Crisis Levels, Japan Contracts, China Counts on Government Bailout of Private Sector by Wolf Richter • Apr 1, 2019 • 45 Comments But the US shirt is getting dirtier. Germany’s manufacturing data “makes for uncomfortable reading.”
Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger? by Don Quijones • Mar 27, 2019 • 26 Comments Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank.
What FedEx Just Said About Europe and China by Wolf Richter • Mar 19, 2019 • 52 Comments “Asia volume weakness, which we experienced during peak season, deepened post Chinese New Year.”
Views of “Current Economic Conditions” in Germany Drop to Euro Debt-Crisis Level by Wolf Richter • Mar 19, 2019 • 68 Comments But expectations & hopes for the next 6 months rise to less negative.
Just Get Brexit Over With? Businesses Fear Prolonging the Uncertainty by Don Quijones • Mar 18, 2019 • 35 Comments “In addition to uncertainty about what’s going to happen, now there’s uncertainty about when it will happen.”
Outsourcing Giant Interserve with 65,000 Employees Collapses by Don Quijones • Mar 15, 2019 • 37 Comments Shareholders wiped out, 14 Months after competitor Carillion Collapsed.
Transition to Cashless Society Could Lead to Financial Exclusion and System Vulnerability, Study Warns by Don Quijones • Mar 14, 2019 • 68 Comments “Serious risks of sleepwalking into a cashless society before we’re ready – not just to individuals, but to society.”
