Bloomberg Business

London’s Bars, Restaurants Face $270 Million Hit From Strikes

A wave of strikes on Britain’s rail network and the London Underground will cost bars and restaurants in the UK capital some £210 million ($270 million) in lost revenue, according to an estimate from trade group UKHospitality.

Mizuho Follows Japan Peers in Selling $1.9 Billion AT1 Bonds

Mizuho Financial Group Inc. raised 261 billion yen ($1.9 billion) by selling Additional Tier 1 bonds, becoming the third Japanese megabank to issue such notes this year after the collapse of Credit Suisse set off a global fire sale.

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