Airlines Are Struggling With Engines Just as Travel Rebounds
This year was supposed to herald air travel’s big comeback, with China reopening, airlines ramping up flight schedules and airports going on a hiring spree to handle the surge.
Bloomberg Business
EU Hunt for Sanctioned Russian Billionaires’ Assets Stalls
The European Union is struggling to find and freeze the assets of sanctioned Russian billionaires, with the total figure increasing only modestly in recent months.
Aviva CEO Says Demand For Private Healthcare Rising On NHS Woes
Aviva Plc said it is seeing increased demand for private health insurance because of the strains the National Health Service has experienced since the pandemic.
Intel’s Troubles Run So Deep Even Bulls Are Wary
With the most sell ratings in the Nasdaq 100 Stock Index, Intel Corp. is running ever lower on fans. Things have gotten so bad that even analysts brave enough to recommend buying are striking a cautious tone.
Silvergate Bet Everything on Crypto, Then It All Evaporated
Silvergate Capital Corp. spent its final days under siege.
Powerful UAE Royal Adds $790 Billion Fund to Sprawling Empire
Sheikh Tahnoon bin Zayed Al Nahyan will become chairman of Abu Dhabi’s $790 billion sovereign wealth fund, consolidating his power beyond roles that include the United Arab Emirates’ national security adviser and head of the country’s largest bank.
EDF to Keep Two UK Nuclear Power Stations Open to Boost Supplies
Electricite de France SA plans to extend the operating life of two old nuclear power plants in the UK for another two years after they proved their worth during Europe’s energy crunch.
Vanguard Says Erdogan Loss Would Make Turkey Bonds Loved Again
One of the world’s biggest investors sees lots of potential in Turkey’s long-shunned bond market — if only President Recep Tayyip Erdogan loses an election for the first time in 20 years.
US Energy Regains Swagger While Rest of World Gets IRA Envy
Energy executives and Biden administration officials in Houston had a simple message for Europe and other regions griping that US climate spending will starve them of investment: Stop complaining and put up the cash to enact measures of your own.
Vanguard’s First New ETF in Two Years Targets Short-Term Munis
Vanguard Group Inc.’s first new exchange-traded fund in two years is setting sail at a turbulent time for municipal debt.
