Bloomberg Business

UK Plans to Loosen IPO Rules Amid Angst Over Dearth of Deals

The UK is proposing “significant changes to the listing rulebook” in a bid to make London more attractive as a financial center with its moribund capital markets stoking fears about the city’s ability to compete with New York and Asian hubs.

Qantas Hong Kong Lounge Reopens as Flights to City Return

Qantas Airways Ltd.’s premium lounge at Hong Kong airport reopened Wednesday to traditional Chinese lion dances and showers of confetti, a further sign the city is gradually returning as an international travel hub after the pandemic.