10 July 2014



Today’s Issue Cluster: Natural Gas

UK – As Britons embrace digital banking, more branches face the chop
Air – Fewer Cargo Planes, More Cargo in Passenger Planes
Hospitals – Race Is On to Profit From Rise of Urgent Care


MAJOR DATA POINTS

China – Jun: Exports Rise; +7.2% from +7.0% / WSJ / B / R *

Japan – May: Machinery Orders Plunge; -19.5% mo / WSJ / R / FT

US – May: Wholesale inventories rise, point to rebound in second-quarter GDP; +0.5% / R / AP *

US – Week: Jobless Claims Fall; -11k to 304k / WSJ / B / R / AP *


MARKETS

Currencies – Reserves Swell in Asia WSJ *


ECONOMICS

Developing World – Blazes trail for 2.5b with no banking access FT * * *


POLITICS & FISCAL POLICY

Indonesia – Widodo Claims Victory, Subianto Won’t Concede WSJ *

Indonesia – Central Bank Takes Lead on Economy Amid Vote Count B

Indonesia – At Economic Crossroads WSJ *


MONETARY POLICY

Fed – Sets October End for Bond Buying WSJ / FT / NYT / R / AP / B *

Fed – Uncertainty Abounds Around Rate Rise WSJ / AP *

Fed – Has Little Uncertainty, Despite Forecasting Misses wsj *


FINANCE

UK – Scottish Banks Brace for Independence Vote WSJ *

UK – More than 30 new banks could open under looser regulations FT

UK – As Britons embrace digital banking, more branches face the chop R


REAL ESTATE



SERVICES

Retail – Promotions Drive Sales for US Stores in June WSJ

Retail – HarperCollins looks to bypass Amazon FT

Retail – Amazon courts Hachette authors R / WSJ / B

Retail – Amazon Shelves French Book Discounts WSJ

Retail – Wal-Mart Looks to Grow by Embracing Smaller Stores WSJ * *

Retail – Aldi and Lidl lead charge of discount supermarkets FT *

Retail – Fashion: A better business model FT * * *

Retail – Luxury brands battle to stay in fashion in SK FT *

Retail – Fast-growing Uniqlo still far behind Zara, H&M N *


MANUFACTURING



TECH

PCs – Swoon in Sales Eases WSJ

PCs – Business Buyers Lift Outlook WSJ *


TRADE & TRANSPORTATION

Air – Norwegian tests low-cost long-haul flights between UK and US FT / NYT

Air – New Lufthansa CEO may step up challenge to low-cost rivals R / FT / AP / WSJ / NYT

Air – ‘US Lines Seen Cruising Past European Peers’ Woes’ IBD / WSJ

Air – Fewer Cargo Planes, More Cargo in Passenger Planes BW


COMMODITIES



ENERGY & ENVIRONMENT

NatGas – China, Japan Shippers to Launch Arctic LNG Route WSJ *

NatGas – Russia, China inch toward another gas contract X *

NatGas – Network for $400b China-Russia deal in operation from 2018 / r *

NatGas – What China-Russia natural gas deal looks like wapo *

NatGas – Tanzania faces delays to export FT *

NatGas – China demand to double on smog concerns FT / WSJ

NatGas – ‘To face stiff competition from coal and renewables’ B

NatGas – Five new East-West pipelines planned; all avoid central Europe / r *

NatGas – US push wins eastern Europe praise FT

NatGas – US has slight edge over Canada on LNG projects FP

NatGas – Cache Now Under Shaky Ground NYT

NatGas – US shakes up LNG export rules FT / WSJ

NatGas – Canada builds LNG army for West Coast, may come up short R

NatGas – Only a fraction of big projects will be built: Shell R


LABOR & EDUCATION



HEALTH

Hospitals – Race Is On to Profit From Rise of Urgent Care NYT


ENDNOTE

The Deadliest Animal in the World gates *


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