In a statement Lufthansa said, it has agreed to lease four new Airbus A350-900 long-haul passenger jets in a move aimed at restructuring its balance sheet midst the coronavirus-induced COVID-19 pandemic. “Airplanes are currently available at low lease rates as carriers… Read More ›
review
British Finance Minister Rishi Sunak accepts calls to review Britain’s financial regulations
Following the collapse of the Greensill Capital, British finance minister Rishi Sunak has ordered two immediate reviews of the country’s financial regulation. On Friday, in a letter to a parliamentary committee Sunak said he had accepted its call for reform… Read More ›
Sydney Airport Holdings’s board rejects $16.81 buyout offer citing undervaluation, open to higher offer
On Monday, Sydney Airport Holdings Pty Ltd said it has rejected an improved bid worth $16.81 billion (A$22.80 billion) from a group of infrastructure investors since it felt it was undervalued; it went on to add, it was open to… Read More ›
London-based hedge fund White Square Capital closes main fund
According to a report from the Financial Times, the London-based hedge fund that suffered losses when it went short on U.S. retailer GameStop Corp’s shares, during the first meme stock rally earlier this year in January, is now closing shop…. Read More ›
U.S. House of Representatives likely to review 2010 Dodd-Frank financial reform law by May
The object is not to repeal but to review and reform the 2010 Dodd-Frank financial reform law which aims to provides critical protections to taxpayers and consumers. As per a leading Republican lawmaker, the U.S. House of Representatives is likely… Read More ›