Israeli banks will likely be allowed to resume limited dividend payments later this year after having overcome a wave of loan deferments during the coronavirus pandemic, the country's banking regulator said.
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DUBAI, Feb 15 (Reuters) - Dubai-listed National Central Cooling Co (Tabreed) is interested in acquiring the district cooling unit that serves Dubai International Airport, Tabreed Chief Executive Bader Al Lamki said on Monday.
Tabreed has been on a shopping spree during the COVID-19 pandemic, snapping up assets in locations such as Abu Dhabi’s Saadiyat Island, home to a Louvre museum. It also acquired an 80% stake in Dubai developer Emaar’s downtown district cooling business for 2.48 billion dirhams ($675 million).
“Dubai (international) airport has been in the market. We are looking at it. We will see how it goes,” Al Lamki told Reuters in an interview.
German 30-Bund yield at 30-month high Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices)
LONDON, Feb 15 (Reuters) - Most euro zone bond yields rose sharply on Monday, climbing to multi-month highs as reflation expectations gripped markets in the face of brighter world growth prospects and optimism over the rollout of the coronavirus vaccine.
A selloff in safe-haven German debt was exacerbated by the perception of reduced risk surrounding Italy, where trusted former European Central Bank chief Mario Draghi was sworn in as prime minister on Saturday.
Draghi, who will lead a unity government, is tasked with steering the country out of the pandemic and an economic slump.
By Reuters Staff
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LONDON, Feb 15 (Reuters) - A one-off wealth tax might be a way for British finance minister Rishi Sunak to help plug the huge hole in the country’s public finances caused by the COVID-19 pandemic, an influential lawmaker said on Monday.
Mel Stride, chair of parliament’s Treasury Committee, said other countries such as France and Switzerland had introduced wealth taxes only to row back on them later.
“I think what might be more promising in terms of effectively raising more tax might be a one-off wealth tax,” Stride told Times Radio.
“So I think that is probably nearer the end of the spectrum of the possible-stroke-question mark-desirable than an annual wealth tax,” he said.
Turkey's lira touched 7 versus the dollar for the first time since early August on Monday, and it was up 0.5% on the day to extend a three-month rally on expectations of tight monetary policy.