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Funds

Infrastructure funds prepare sales of airports in UK and Italy-sources

A aircraft taxis past the control tower at Edinburgh Airport in Scotland April 23, 2012. REUTERS/David Moir/File Photo Acquire Licensing RightsLONDON, Dec 1 (Reuters) - A group of infrastructure investors around Europe are working on the sale of their stakes in European airports, leveraging on the recovery of travel in the wake of the COVID-19 pandemic, according to bankers, investors and industry sources.Among the largest of the airports that may see a change of ownership as soon as 2024 is Edinburgh, five of the sources said.Its owner Global Infrastructure Partners...
Banking

European shares post best month since Jan as tumbling inflation spurs rate cut bets

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 7, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsItaly's FTSE MIB hits 15-year highEuro zone inflation tumble pits ECB against marketsASR jumps after final settlement with interest groupsSTOXX 600 adds 0.5%Nov 30 (Reuters) - European shares hit a more than two-month high on Thursday, ending November sharply higher, after data showing a drop in inflation in the U.S. and Europe boosted bets that central banks will soon be cutting interest rates.The pan-European STOXX 600 (.STOXX)...
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