Good Morning. Pokémon Nintendo may have struck gold, but there are still some more hits. What Airlines ultra-low prices in the Canadian market. And welcome to the world economy upside down, where punished savers and borrowers are paid. These stories and more. In your morning cheat sheet for the Financial Post
1. What Nintendo next after the success of Pokémon Go
The first game of Pokémon 1996, the Game Boy released Nintendo Co. Ltd. for a series best-selling billions of dollars and his reign as the dominant force in the game area is running as a unique platform launched, said Damon van der Linde.
However, the company lost ground steadily headquartered in Japan new platforms and developers saturated the market and used smartphones, rather than dedicated game consoles to reach more customers. Now, as a video game that is difficult to create innovative hardware, Nintendo looks beat in connection with the rise of smartphones Pokémon GB.
The issue of Thursday, July 8 sent shares in Tokyo Nintendo 86 percent to ¥ 27.780 ($ 339.01), adding more than $ 17 billion market capitalization company in the process. Pokemon Go was conceived by Google Inc. Spinout Niantic, but is co-owned by Nintendo, which also has a 33 percent in the Pokémon Co.
This dynamism found alive, Nintendo is likely to tap into their catalog and adapt franchises such as Super Mario Bros and Zelda for smartphones.
2. Why is not Canada super cheap flight
Canadians love the high cost of air travel in this country, and no wonder, criticize: Canada is the only major air market in the world reported without an airline of low-cost ultra Kristine Owram.
When the founders of Jetsgo, aerial roots, Greyhound Air and many other carriers can attest defaulters, Canada is a very difficult one airline for many reasons, including low population density, taxes and charges to start high place, and restrictions on foreign ownership.
It is the latter that one of the most influential investors in the world's airlines is today at reasonable prices outside Canada, even if he is a key for very low-cost carrier market believes.
Bill Franke, co-founder and managing partner of Indigo Partners LLC, a private equity and venture investments in the airline, said that the limits on foreign ownership of Canada is a "deviation" and not to take into account the investment here until these restrictions are relaxed.
3. Meanwhile, in the British Aerospace puts a good face on Proposed referendum on United Kingdom membership of the European Union
Taken with full British factories demand the work car aircraft, executives of the aviation industry have quickly overcome the fear of an imminent danger to leave the UK in the European Union, reported Sarah Young.
The industry is locked in production cycles that can last up to three decades to play, large customers such as Boeing teamed up to support local suppliers and more work comes to the way the British and US aerospace giant and its European rival Airbus ramp to Exit.
This means that it could take years before a real effects of divorce in the United Kingdom of the European Union is obvious. For now, the Farnborough Air Show last week many of the participants said they were firing lists what was necessary to reconsider its trading relations for Britain.
"Let us go," Warren East, CEO aircraft manufacturer Rolls-Royce largest in the UK.
4. The world economy towards
Japanese families seem to have a sudden affinity of a safe home. Eiko by the manufacturer, headquartered in Tokyo, shipments have doubled since last fall. And Germany, the insurer Munich Re around 10 million euros (11,4 million dollars) hidden from his own money in the vaults, reports Simon Kennedy.
Why rake? One possible reason is the gradual introduction of negative interest rates worldwide, the bypass could make it worthwhile banks - a secure safe or is much safer than a mattress.
Welcome to the topsy-turvy world of modern monetary policy. In this new reality borrowers are charged and punished savers. Almost 500 million people in an area of the world economy today live in countries where interest rates are less than zero.
5. BMO smartphones Accounts
In one of the latest products and services, the love of the people use their smartphones Bank to take, the Bank of Montreal offers an opportunity to open an account with one of the devices that are not a visit in the reports of the industry require Barbara Shecter.
Accounts can be opened with a smartphone "within minutes", according to BMO.
"Mobile is becoming increasingly important their Bank to meet needs of the customer, and this service is another way to use digital capabilities to our customers the ability to simplify their lives," said Niti Badrinath, chief channels of America North BMO.
The Canadian bank said that it has a "first of its kind" Service to seek the customers quickly, select and open a new account with your mobile phone, and an interface to the company's website allows.
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