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British property market appears in great shape

  T he UK property market appears in great shape. The Nationwide House Price Index has gained 14% over the past year and rents are rising fast. Supply is tight and borrowing costs remain low despite recent rate increases by the Bank of England (BOE). Something, though, is not quite right — and people in a position to know are ...

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Want green energy? Then just cut red tape

No one can doubt President Joe Biden’s commitment to clean energy. Unfortunately, his agenda faces a challenge rarely mentioned by climate activists: excessive regulation. A report from the National Academies of Sciences found that if the US wants to reach net-zero emissions by midcentury, it will need to roughly double the share of electricity it produces from non-carbon sources by ...

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Garuda Indonesia mulls rights issue, investors as it rebuilds

Bloomberg Distressed flag carrier PT Garuda Indonesia plans to undertake a rights issue to raise additional capital and will invite strategic investors to take part as it attempts to revive its ailing business. The airline expects to launch the equity issue after the Indonesian government makes good upon its plan to inject the carrier with fresh funds, Finance Director Prasetio ...

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