Thames Water Won’t Get £500 Million From Shareholders This Month
The owners of Thames Water Utilities Ltd. are heading for a showdown with the government after shareholders refused to inject £500 million ($631 million) into the troubled supplier.
The owners of Thames Water Utilities Ltd. are heading for a showdown with the government after shareholders refused to inject £500 million ($631 million) into the troubled supplier.
Indian banks and shadow lenders rose Thursday after the country’s central bank eased capital requirements for a unique type of investment, a move that may free up more funds for loans.
Home Depot Inc. said it would buy roof-supply firm SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company’s professional services business.
Federal Reserve Chair Jerome Powell’s increasing focus on protecting the job market is encouraging a swath of bond traders putting bets on inflation rates to remain elevated.
For years, investors that poured money into psychedelic stocks have wagered that their breakout moment — and the eye-watering returns that would quickly follow — were just around the corner. And year after year it’s been, by-and-large, a losing bet.
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