FILE PHOTO: New homes line a street in the

Exclusive: New Indian law to protect foreign investors to exclude tax demands – documents

By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – New legislation will improve protection for foreign investors in India by offering relief from possible policy changes but will uphold the state’s right to tax them, according to its draft and government documents seen by Reuters. The bill also attempts to upgrade India’s investment climate […]

U.S. Treasury market faces structural issues even as liquidity improves

By Karen Brettell (Reuters) – The recent liquidity crisis in the $17 trillion U.S. Treasury market has exposed structural problems that are unlikely to be fixed any time soon, which could lead to new bouts of volatility and make it more costly for the U.S. government to sell bonds. The bond market all but broke […]

Norwegian Air gets lifeline but it may not be enough

By Victoria Klesty OSLO (Reuters) – Budget carrier Norwegian Air <NWC.OL> may struggle to meet the tough conditions set by the government as part of its financial aid, raising fresh doubts about its liquidity as coronavirus inflicts more financial pain on the airline sector. Norway on Thursday said it would will back airlines with credit […]