Business And Finance

100 years on, where will BMW go next?

THE ride, handling and all-round appeal of BMW’s 3 Series, a sporty saloon car, makes it a benchmark for other vehicles of its type. The German firm, which celebrates its centenary on March 7th, has also become a benchmark for success in the motor industry. The world’s biggest maker of premium-priced cars is well run, has grown steadily and made ...

Read More »

America is running out of people to fly its planes

REPUBLIC AIRWAYS recently filed for bankruptcy, and hardly anyone noticed. That’s because hardly anyone has heard of Republic Airways. But many people unwittingly fly on it all the time. Republic operates flights for Delta Connection, United Express, and American Eagle—the big airlines’ affiliates for shorter and less popular routes. As many as half of all Delta-, United- and American-branded flights ...

Read More »

A trade-off between sovereignty and economics

FACTS, just facts. Like Charles Dickens’s Mr Gradgrind, many voters simply want some objective information on whether Britain would be better off in or out of the EU.  The problem is that it is impossible to know the answer for sure, not least because we cannot know what kind of trade deal Britain would be able to strike. Any deal ...

Read More »

Should passengers who pay extra to arrive early be refunded for flight delays?

FEW issues drive a wedge between airlines and their customers like the thorny matter of compensation. In Europe, anyone whose flight is delayed by more than three hours can claim between €250 and €600 ($270 and $650) for the inconvenience, provided the delay is not caused by “extraordinary circumstances”. Airlines, as you would expect, interpret force majeure more broadly than ...

Read More »

Disney discovers peak pricing

ACCORDING to an article published in Bloomberg, on February 28th Disney introduced “surge pricing” to its theme parks. Now, when I think of surge pricing, I think of an annoying little screen that appears on my smartphone making sure that I’m happy to pay 6x the normal fare for my cab home. Conditional on having opened the app, my demand ...

Read More »

Arrive full, leave empty

SHIPS leaving Nhava Sheva port, across the harbour from Mumbai, tend to ride higher on the water than when they arrive. India’s trading statistics explain why: steel and other industrial goods from China weigh down the ships as they come in, to be replaced on the way out by fluffy cotton bales, pills and—given India’s perennial trade deficit in goods—empty ...

Read More »

Fading stars

“DEADPOOL”, which so far has taken more than $500m in cinemas worldwide, is an atypical blockbuster, a foul-mouthed anti-hero film with a mature “R” audience rating. But in one important respect it is typical of many of Hollywood’s most successful movies: it does not rely on a world-famous star to sell it. In contrast, two recent “star vehicle” films struggled ...

Read More »