Bloomberg Business

How to Know Where Egypt’s Once-in-Decade Crisis Is Heading

Egypt is in the throes of a familiar crisis; the currency has plunged, foreign-exchange is in short supply and living costs have soared. It’s a once-a-decade experience that’s made the country the International Monetary Fund’s second-biggest borrower after Argentina.

Air Passenger Load Factors Back at 70% for China’s Big Three

Passenger loads at China’s top three airlines are rebounding as travel picks up again, boosted by people flying back to their hometowns for the Lunar New Year holidays and celebrating the chance to reunite with families and friends after nearly three years of Covid restrictions.

The Powerful City Lawyer at The Center of a Private Equity Storm

Neel Sachdev has a reputation for going above and beyond to ensure his private equity clients get what they want. The power the London lawyer wields over Europe’s $2 trillion buyout market is testament to that, and a reflection of the dominant debt finance practice he has built at US law firm Kirkland & Ellis over the past decade.

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