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Agency 63

JetBlue launches a low-cost transatlantic flight

PERHAPS JETBLUE believes that the sky is darkest before dawn. On August 11th America’s sixth-biggest airline, known for its no-frills domestic services, launched its first transatlantic flights, between New York and London. The timing seems plucky. America has yet to follow European countries in lifting tough pandemic-era cross-border travel restrictions. Industry insiders think that long-haul…

Chinese cloud giants eye South-East Asia

As the business climate worsens at home and in the West, Alibaba, Tencent and their peers seek friendlier marketsCHINA’S TECHNOLOGY giants are having a torrid time. At home, a regulatory crackdown is intensifying. In the latest move, on August 17th the authorities released draft antitrust rules that would hurt the business models of titans like…