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The Brexit regulatory bonfire begins… in EU

One of the biggest ironies of the Brexit crusade against “suffocating” red tape from the European Union was that the UK was at the forefront of some of the bloc’s most onerous financial regulation after the 2008 crisis. That included a crackdown on opaquely-funded investment research — rolled out across the EU in 2018 as part of the MiFID II ...

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China to ease ban on foreign airlines after US retaliates

Bloomberg China will ease its ban on foreign airlines starting from June 8, changing course a day after the Trump administration demanded the country reopen to US airlines or face curbs on its own carriers flying passengers to America. Foreign airlines excluded from an earlier pact will be able to operate one commercial passenger flight to China a week, the ...

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Delta to block middle seats through Sept 30

Bloomberg Delta Air Lines Inc will block middle seats on all its aircraft through September 30, extending the policy for three months to soothe passenger fears about contracting the coronavirus. The carrier will switch to larger planes or add flights on high-demand routes that approach seating limits, Delta said in a statement. The Atlanta-based carrier previously guaranteed empty middle seats ...

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