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23.06.26 - 03:24
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China Stock Market Tipped To Open Under Water (AFX)
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BEIJING (dpa-AFX) - The China stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had jump......
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16.06.26 - 20:42
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The tide is turning on Thames Water: special administration looks best | Nils Pratley (The Guardian)
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It is still not totally clear what the government wants but the political mood seems to be shifting towards a decisionThames Water nationalisation moves closer as government objects to rescue dealAt last, Emma Reynolds, the environment secretary, has opined on the future of Thames Water. So what's it to be? A takeover by the company's creditors? Special administration, which would allow anyone to pitch up with an offer while the state temporarily funds the company? Or even a quick flush to full nationalisation?Well, two years after Thames's shareholders walked away, and 18 months after the creditors opened talks with regulator Ofwat on the terms on a potential recapitalisation, one still can't say definitively what the government wants. But we do have a better idea: the political mood seems to be shifting firmly towards administration. Continue reading......
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