Recent Posts

Mikhail Gorbachev defied convention in Cold War

  Mikhail Gorbachev, who died on Tuesday at 91, defied convention in ways small and large throughout some of the most tumultuous years of the Cold War. He failed in his most basic ambitions. But the world was better for them all the same. Born to peasants in a rural village that had been ravaged by collectivization, Gorbachev grasped the ...

Read More »

O’Hare sells $1.8bn of debt in year’s biggest airport deal

  Bloomberg Chicago has sold the largest municipal airport transaction this year amid swirling volatility in fixed-income markets, pricing $1.8 billion of debt that will partially fund improvements at O’Hare International Airport. The $1.1 billion Series 2022A includes bonds due in January 2031 which priced with a 5% coupon and 3.69% yield, while debt due 2055 with a 5% coupon ...

Read More »

John Lewis to recruit 10,000 temporary UK staff for Christmas

  Bloomberg John Lewis Partnership Plc is hiring more than 10,000 temporary workers across the UK to meet demand over the crucial Christmas period. That’s 3,000 more than the department store chain hired in its festive push last year and all employees will receive free food from October to January to help with the higher cost of living, the retailer ...

Read More »
Send this to a friend