ariapazzo

By Jamie Freed and Scott Murdoch A group of infrastructure investors has proposed a $22.26 billion ($16.7 billion) buyout of Sydney Airport Holdings Pty Ltd , the operator of Australia’s biggest airport, taking a longer-term view on the pandemic-battered travel sector. Record-low interest rates have led pension funds and their investment Continue Reading

LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday it was important not to over-react to a rise in inflation that was likely to prove temporary during Britain’s economic recovery from the COVID-19 crisis. Echoing the message from the BoE’s June policy meeting last week, Bailey said the Continue Reading

By Guy Faulconbridge and Paul Sandle SUNDERLAND, England (Reuters) – Nissan Motor Co bet on Britain to supercharge its European electric future on Thursday, pledging $1.4 billion with its Chinese partner to build a giant battery plant that will power 100,000 vehicles a year including a new crossover model. Facing Continue Reading

Major cryptocurrency exchange Binance said on Wednesday that sterling withdrawals from its platform had been reactivated, with users also able to buy digital coins with debit and credit cards. Binance customers said on Tuesday they were unable to deposit or withdraw sterling from the platform, days after regulators in Britain Continue Reading

Asymmetric QE response function nudges us towards that fiscal danger zone Adds to concerns about the erosion of monetary policy independence This is the most dangerous moment inflation-targeting has so far faced Expects UK inflation to be nearer to 4% than 3% Policy may see a ‘Minsky moment’, a taper Continue Reading

U.S. President Joe Biden will visit Wisconsin on Tuesday to drum up support for a $1.2 trillion infrastructure package hammered out by a bipartisan group of legislators but still in need of wide support in Congress to become reality. Biden will speak at a public transit facility in La Crosse, Continue Reading

Oil prices dropped for a second day on Tuesday on worries about slower fuel demand growth as outbreaks of the highly contagious COVID-19 variant Delta sparked new mobility restrictions around the world. Brent crude futures fell 35 cents, or 0.5%, to $74.33 a barrel by 0706 GMT, after slumping 2% on Continue Reading

Australia lowered its projections on Sunday for population and economic growth over the next 40 years due to the impact of the COVID-19 pandemic. Canberra closed its international borders in March 2020 to all but citizens and permanent residents in an attempt to prevent the spread of the virus. The Continue Reading

Britain’s financial regulator has ordered Binance, one of the world’s largest cryptocurrency exchanges, to stop all regulated activity and issued a warning to consumers about the platform which is coming under growing scrutiny globally. In a notice dated June 25, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance’s Continue Reading

Chinese regulators said on Saturday Tesla Inc would ‘recall’ nearly 300,000 China-made and imported Model 3 and Model Y cars for an online software update related to assisted driving, with owners not required to return their vehicles. The State Administration for Market Regulation said on its website that the move is Continue Reading