Tags » Financial Times

Formula E to become 'cash flow positive' in 2019

Formula E could become “cash flow positive” this season, chairman Alejandro Agag told Financial Times. The company’s pre-tax losses decreased from €35.2 million in 2016 to €20.8 million in 2017, whereas revenues increased from €56.6 million in 2016 to €94.5 million in 2017 (year ending on 31st July).

What the prosperity gospel gets right

Image: Robert M. Worsham (CC BY-SA 4.0)

The Financial Times this weekend has a profile of Joel Osteen, “a preacher for Trump’s America”, one of the most successful proponents of the “prosperity gospel” — which the FT describes as a “quintessentially American” blend of Pentecostalism and faith healing, and the only section of the US church that is currently expanding. 1,012 more words


Letter reveals Cuadrilla is running out of time to frack Blackpool wells

Cuadrilla looks likely to miss the planning deadline to frack its second shale gas well at Preston New Road, in Lancashire, correspondence has revealed. 397 more words


Russia and Iran cannot always count on China

Belatedly posting a piece for the Financial Times excellent Beyond BRICS blog which focuses on the reality of the Chinese relationship with Iran and Russia. More complicated than is often assumed. 1,469 more words


Facebook is not our friend – FT (March 29th 2019期)

Failure to act quickly on anti-vaccine and violent content shows how little they care

The aggrieved and outraged are by no means new problems for Silicon Valley titans…

1,101 more words

Capital Flows: Beijing's Economic Expansion Smashes All Records! #China

FT: the city of #Beijing saw its economy expand by 1,200% from 1998 to 2017, reflecting one of the most remarkable urban transformations in recorded history…

139 more words
Economic Development