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French economy shows little sign of succumbing to omicron angst

  Bloomberg French economic activity will continue to rise in December, despite another wave of the Covid-19 pandemic and fresh uncertainty over the omicron variant, according the Bank of France. Completed at the end of last week, the central bank’s monthly survey of 8,500 firms is the first indicator of how businesses in the euro area’s second-largest economy are faring ...

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Getty Images to return to public markets

  Bloomberg Getty Images will merge with a blank-check firm backed by CC Capital and Neuberger Berman, returning a company bearing one of most storied names in business to the public market. The deal values the Seattle-based licensing provider of stock and news photos at $4.8 billion including debt, according to a statement. The agreement with CC Neuberger Principal Holdings ...

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UK homeowners enjoy a $4trn untaxed property windfall

  Bloomberg British homeowners have enjoyed a $4 trillion untaxed wealth windfall from rising property values over the last 20 years that is unlikely to be repeated, with the bulk of riches going to the well-off, the over 60s and those living in London. In a report calling for gains to be taxed, the Resolution Foundation said the surge in ...

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