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Nick Corbishley

Journalist covering global financial, economic, and political developments

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Coronavirus Fears Sink World’s Biggest Mobile Trade Fair After US & Global Tech Giants Pull Out

With Facebook, Intel, Cisco, Sprint, Amazon, Nvidia, LG, Sony, Rakuten, Ericsson, Nokia, etc. out, the gig was up. Other big conferences in trouble too. Tourism industry is reeling.More

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WeWork Debris Hits Bystanders: Two More Real-Estate Mutual Funds “Gated,” This Time in Ireland. Fitch Warns of Contagion

“We regard liquidity mismatches as a major structural flaw.”More

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Why Has UK Auto Manufacturing Collapsed 24% in Three Years?

81% of the vehicles are exported; they can be built anywhere. Honda is leaving. Nissan may be too. Vauxhall may be shuttered. Jaguar Land Rover offshored some production. But EV production soared.More

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Global Slowdown, Internal Issues Hit Mexico: GDP Drops for First Time Since 2009

President AMLO put it this way: “There may be no growth but there’s development and well-being, which are different.”More

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Gift Turns into Kafkaesque Ordeal: How My Two WOLF STREET Beer Mugs “Were Disappeared” in Spanish Customs

Many people report similar nightmares trying and failing to get their packages from non-EU countries out of Spanish customs.More

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Australian Construction Giant CIMIC Writes Off Disastrous Arabian Adventure, After Being Bludgeoned over Opaque Debts

Shares plunged 20% on the spot, and are down 44% in nine months.More

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What to Do with Malls? Teetering UK Mall Giant Intu Asks Investors for £1 Billion. Shares Drop to Near-Nothing

Brick & Mortar melts down on mall owners. So “repurpose” malls into housing?More

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US Auto Imports from Mexico Hit Record, but Mexico’s Global Auto Exports Fall for First Time since 2009

GM shifts even more production to Mexico (even as its US sales fall). But Ford’s imports from Mexico plunge. FCA’s, Audi’s, Nissan’s down too.More

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More ECB Bond Holdings Get in Trouble: Infrastructure Giant Atlantia, Infamous for Collapsed Genoa Bridge, Could Lose its Core Business

Amid a slew of problemsMore

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Young People Still Crushed by Housing Bust, Banking & Economic Crisis: Bank of Spain

The contrast with retirees could not be starkerMore

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