Bloomberg Air travel in the US has broadly recovered from the depths of the pandemic, but passenger counts from the busy Thanksgiving period show it still has a way to go before returning to 2019’s record levels. Almost 24.6 million people went through Transportation Security Administration (TSA) screening from November 18 through November 28, according to agency data, down …

  Bloomberg Energy grid companies in the UK will have £22.2 billion ($26.6 billion) to spend on beefing up local networks as the nation’s green shift requires increasing electrification. While a huge sum, it’s 12% less than the six main network companies had proposed. The budget will cover everything from service and maintenance to upgrades on 14 local grids for …

  Bloomberg Banks in the US and Europe with around $42 billion of buyout debt stuck on their balance sheets are making the most of their last chance to get rid of it this year. Stabilisation in the leveraged loan and high yield bond markets has led to an opening for deals — including for bonds and loans tied to …