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BOE’s climate tests weigh disorder in stock market

Bloomberg The Bank of England (BOE) for the first time is asking British insurers to gauge how global warming might impact the value of the stocks and bonds they hold — and its potential to upend financial markets. The central bank, which regulates the UK financial services industry, included three scenarios related to climate change in a broader stress test ...

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Rolls-Royce suffers cash drain from jet, Brexit bottlenecks

Bloomberg Rolls-Royce Holdings Plc’s cash outflow ballooned in the first half as a bottleneck in plane deliveries at Airbus SE and Boeing Co reduced engine revenue and stockpiling for a no-deal Brexit led to a buildup of parts. Europe’s biggest jet-engine maker posted negative underlying free cash flow of $522 million for the six months, almost six times the level ...

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Delhi’s IGI airport to handle 100mn passengers by 2022

NEW DELHI / WAM The major airport in the Indian capital will be equipped to handle 100 million passengers per annum (MPPA) in the next three years, ANI reported. The expansion works of Indira Gandhi International (IGI) Airport will also enhance the airside capacity to handle 140 MPPA. In the last decade, the Air Traffic Movements and passenger numbers have ...

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