Rabobank offers metal clients performance incentives on sustainability
Rabobank is offering metal company clients incentives such as lower interest rates if they meet sustainability targets – and piloting penalties for the laggards, an executive from the Dutch lender said on Tuesday.
COVID-19 to speed up consolidation of aircraft leasing industry -SMBC
Consolidation of the aircraft leasing industry, which controls over 40% of the global passenger fleet, is likely to be accelerated by COVID-19, the head of major lessor SMBC Aviation Capital, said in an interview on Tuesday.
Germany’s biggest landlords agree $22 bln merger
Germany’s two biggest listed landlords Vonovia SE (VNAn.DE) and Deutsche Wohnen have agreed to join forces in a 18 billion-euro ($22 billion) deal that risks stoking tensions over affordable housing in the run-up to general elections in September.
No commodities ‘super-cycle’ but copper demand from green economy bright
Commodities markets are unlikely to experience a “super-cycle” in the next few years, experts and audience polled at an online metals seminar on Tuesday said.
U.S. Treasury deputy chief sees G7 backing for 15%-plus global minimum tax
U.S. Treasury Deputy Secretary Wally Adeyemo said he expects strong backing from G7 peers for Washington’s proposed 15%-plus global minimum corporate tax, which should help solidify support in the U.S. Congress for domestic corporate tax legislation.
Asia shares track Wall Street up as inflation fears fade
Asian shares advanced on Tuesday, tracking a rally on Wall Street, while the dollar held near a fourth-month low as inflation worries faded after Federal Reserve officials allayed fears about monetary policy tightening.
Huawei plans to launch new operating system for phones in June
China’s Huawei Technologies (HWT.UL) said it will launch its new Harmony operating system for smartphones on June 2, its biggest move yet aimed at recovering from the damage done by U.S. sanctions to its mobile phone business.
UK competition regulator looking into $39 bln AstraZeneca-Alexion deal
Britain’s competition regulator is reviewing AstraZeneca’s (AZN.L) $39 billion buyout of U.S.-based Alexion (ALXN.O) on concerns it could reduce competition in the UK market or elsewhere.
Japan’s losses from COVID-19 curbs to dwarf Olympics no-go fallout, says economist
Japan stands to lose 1.8 trillion yen ($16 billion) if the Olympics were cancelled, but that would pale in comparison to the economic hit from emergency curbs if the Summer Games turned into a super-spreader event, a top economist estimated.
At Epic v Apple’s closing, judge probes implications of upending Apple’s App Store
Federal Judge Yvonne Gonzalez Rogers held unconventional closing arguments Monday in the antitrust trial between Epic Games and Apple Inc (AAPL.O), peppering both sides’ attorneys for three hours about how far she could – and should – go to change Apple’s App Store business.
