Tuesday , 16 December 2025

Recent Posts

AGL rejects $14b takeover bid to close coal plants

  Bloomberg Australian utility AGL Energy Ltd rejected a multibillion-dollar takeover bid from Brookfield Asset Management Inc and technology billionaire Mike Cannon-Brookes, who plan to accelerate the closure of the company’s polluting coal-fired power plants. Brookfield and Cannon-Brookes’s investment firm Grok Ventures have a $14 billion transition plan to shift AGL to clean energy and “remains optimistic that an agreement …

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London house market bounces back as workers return to office

  Bloomberg London property is back in vogue as a return to the office fuels demand for homes in the UK capital. That’s according to Rightmove Plc, which said in a report on Monday that buyer enquiries and asking prices both rose sharply this month. The jump represents a turnaround for the London property market, which underperformed other parts of …

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Traders explore FX havens as rising rates dent case for bonds

  Bloomberg The prospect of Federal Reserve policy tightening and signs of thinner bond market liquidity are denting the case for Treasuries as a reliable haven just as amped up geopolitical tensions around Ukraine have investors on alert for potential refuge assets. That’s spurring some to look more closely at currency markets in particular for alternative ways to protect themselves …

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