Uncategorised

iag aireuropa

IAG abandons Air Europa takeover due to European Commission demands

Link Securities | The European Commission (EC) explained on Friday morning the reasons why it opposed the purchase of Air Europa by IAG, according to Expansión. Iberia’s parent company announced on Thursday that it was abandoning the operation due to the EC’s demands, as it considered that the acquisition would no longer make sense if it had complied with them. The merger between the two would have adversely affected competition…

Read More

green digital

Cyclicals 2.0: Green And Digital

Geraldine Sundstrom (PIMCO) | Things are looking up, sort of. Economies are slowly reopening, and economic data show encouraging signs of life. While the uncertainty about secular trends and the more imminent post-pandemic recovery remains high, we see greater certainty that the recovery will be environmentally cleaner and digitally driven. Cyclical 2.0 is upon us.