George Hay

There are 50 ways to leave your lover, as Paul Simon once sang. There are at least as many ways to leave massive monetary stimulus.

Do as I say, and as I do. Andrew Bailey hasn’t accepted a pay rise since becoming governor of the Bank of England in 2020.

Direct hit. The boards of Direct Line and Currys have successfully repelled invaders. On Friday, Belgium's Ageas said it wouldn't bid again for the 2.4 billion pound British insurer.

A few years ago, it was much better to sell liquefied natural gas than to buy it. Vladimir Putin’s invasion of Ukraine in early 2022 caused the price of European gas to spike to over 300 euros per megawatt hour (MWh), 15 times its long-term level before 2021. As gas producers crank up supply, the second half of the decade is likely to see a better time for consumers – and an edgier period for comp

Thames Water has a liquidity problem. The holding company of the UK’s largest water supplier warned last week it might not be able to repay a 190 million pound ($241 million) loan due by the end of April, after shareholders including Ontario Municipal Employees Retirement System and Abu Dhabi Investment Authority baulked at pumping in more cash. An equitable way forward may have to involve consume

Dubai International Airport is the busiest global air hub, in a country that prides itself as a stable destination for foreign investment and visitors. So it's quite something to see large parts of one of the United Arab Emirates' prized assets underwater amid unusually intense rainfall, and tourists left stranded. That said, a robust response by the UAE government may have some spillover benefits

Desert storm. Dubai International Airport is the busiest global air hub, in a country that prides itself as a stable destination for foreign investment and visitors.

BHP boss Mike Henry is far from done with Anglo American . The chief executive of the Australian mining giant is mulling an improved offer for his London-listed rival after it rejected his first proposal last week, a source familiar with the situation told Breakingviews. But the costs associated with getting at the bits of Anglo he covets limit his ability to be generous.

BHP has put South Africa and its mining sector on the spot. The $140 billion Australian group’s ambitious swoop on rival Anglo American would see one of the Rainbow Nation’s most familiar companies largely withdraw from the country more than a hundred years after it was founded. The question is whether the government in Pretoria can stop the $39 billion transaction – and whether it should.

Look who’s back. After a long period of stagnation, the euro zone is starting to experience some growth.