India Mulls Rule Changes to Boost $731 Billion Insurance Sector
India is considering rule changes to bolster insurance penetration in the country as more companies, including foreigners, line up to enter the segment.
Bloomberg Business
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal Reserve paused its cycle of interest rate increases for the first time in 15 months.
Workers Resisting the Office Grind Are Suddenly Lonely at Home
Staff are increasingly unsure about working at home — but don’t share their bosses’ love of offices.
The Fate of the Vodafone-Three Merger Lies With One Key UK Regulator
It took more than a year for a long-anticipated merger of Vodafone Group Plc and CK Hutchison Holdings Ltd.’s Three to come together. And it could take just as long for the deal to clear the antitrust and national security hurdles to come.
Swiss Citizens Prepare for Rare Vote on Net-Zero Climate Law
Dozen of countries have enacted climate targets through legislation, but the question is rarely put to ordinary people for a vote.
BOE’s Interest Rate Hikes Are Taking Longer to Curb UK Inflation
A shift in Britain’s mortgage market is delaying the impact of higher interest rates on the economy, increasing the risk of the Bank of England fumbling its decision on how much more it needs to do to curtail inflation.
Only Labour Can Fix the NHS, Says Boris Johnson’s Vaccine Czar
The National Health Service is “hopeless” and needs a “complete restructuring,” says the woman behind one of its few major successes in recent years. But Kate Bingham — mastermind of the Covid vaccine roll out during Boris Johnson’s premiership — doesn’t think a Conservative government can fix the record waiting lists, chronic staff shortages and frequent strikes.
Brisk Trading of Middle East Oil May Move More US Flows to Asia
A surge in activity in a key Middle Eastern oil trading window is affecting the cost of the region’s crude against global benchmarks, a factor that’s impacting the viability of long-haul shipments from the US to Asia.
India Hydropower Firm Seeks $600 Million From Japanese Banks
NHPC Ltd., India’s largest hydropower company, is in talks with three of Japan’s biggest banks to help fund its expansion into solar power.
Xi Proposes Palestinian Peace Conference After Saudi-Iran Deal
Chinese President Xi Jinping proposed an international peace conference on the Israeli-Palestinian conflict, as he seeks to bolster his image as a mediator in the Middle East.
