UK Landlords Move Homes to Company Structure in Bid to Cut Costs – BNN Bloomberg

[ad_1] (Bloomberg) — A record number of buy-to-let firms were established in the UK last year as landlords sought to cut costs by shifting rentals into a corporate structure. Over…

Restaurants Canada warns of widespread closures without loan extension – BNN Bloomberg

[ad_1] A restaurant industry group is pleading with Ottawa for a last-minute extension to the fast-approaching repayment deadline for pandemic small business loans. Restaurants Canada, a national association representing the…

Malaysia’s Capital A to Merge Aviation Business Under AirAsia X – BNN Bloomberg

[ad_1] (Bloomberg) — Malaysia’s Capital A Bhd., which operates budget carrier AirAsia, will hive off its aviation business to its long-haul affiliate as the group seeks to streamline its operations…

Sweden’s Wallenberg Says Business Must Adapt to New World Order – BNN Bloomberg

[ad_1] (Bloomberg) — Swedish business leader Marcus Wallenberg said companies and governments must adapt to a “completely new world order,” in which tension between China and the US has driven…

Job Market Confidence Creates Inflation Headache: The London Rush – BNN Bloomberg

[ad_1] (Bloomberg) — Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. How confident are you that you’ll keep your job over the…

SocGen’s Revenue, Profit Slump as Hedges Hurt French Retail Unit – BNN Bloomberg

[ad_1] (Bloomberg) — Societe Generale SA missed analysts’ estimates in the third quarter as the French lender wrote down the value of some businesses and wrong-way hedges weighed on lending…

Italy’s Rating Confirmed at Three Steps Above Junk at DBRS – BNN Bloomberg

[ad_1] (Bloomberg) — Italy’s credit rating was confirmed at three steps above junk at DBRS Morningstar as Premier Giorgia Meloni’s government weathers the second in a slew of upcoming assessments.…

Flutter Bets on Balkans With MaxBet Deal: The London Rush – BNN Bloomberg

[ad_1] (Bloomberg) — Flutter Entertainment Plc is taking control of Serbia-focused sports betting and gambling operator MaxBet, forking out £123 million cash for a 51% stake. The Dublin-based gambling giant, which plans a secondary…