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Central bankers risk their independence

Central bankers and journalists will assemble for the virtual Jackson Hole conference later this week. Their agenda will be broad. The future path of quantitative easing, the health of the labour market, and other critical monetary and regulatory matters will command center stage. But we can also expect pronouncements on issues once considered the domain of elected politicians, including climate ...

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India plans $81b sales of its infrastructure assets

75th independence day preparations in india

Bloomberg India plans to raise 6 trillion rupees ($81 billion) from selling state-owned infrastructure assets over next four years to help bolster the government’s finances and plug its budget deficit, according to people familiar with the matter. The plan will include sale of road and railway assets, airports, power transmission lines and gas pipelines, said the people who asked not ...

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Intel spends $6m to meet Vietnam coronavirus rules

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Bloomberg Intel Corp has spent 140 billion dong ($6.1 million) in just one month to meet strict Vietnamese anti-virus mandates for factories in Ho Chi Minh City to ensure it can keep operations going. The costs include providing sleeping accommodations for workers, according to Ho Thi Thu Uyen, head of external affairs for Intel in Vietnam and Malaysia. Intel Vietnam ...

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