Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:46
Italy Seeks Monte Paschi Deal in Push to Create New Banking Hub
Italy is seeking to turn Banca Monte Paschi di Siena SpA into the country’s third largest bank by
2023-09-27 16:30
ECB’s Holzmann Says Shocks Could Force ECB to Raise Rates Again
It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of
2023-09-27 16:23
Banks and Private Lenders Vie for $4.2 Billion Debt Deal for Adevinta
Investment banks and direct-lending funds are competing to provide as much as €4 billion ($4.2 billion) of debt
2023-09-27 15:59
Thailand Raises Key Interest Rate to 10-Year High of 2.50%
Thailand’s central bank raised its benchmark interest rate to the highest level in 10 years, as it moved
2023-09-27 15:50
Equinor’s Controversial Rosebank Oil Field Gets UK Approval
The UK’s controversial Rosebank oil and gas development has received the go-ahead, despite objections from climate groups. Equinor
2023-09-27 15:29
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:29
Nigeria’s New Central Bank Governor Tasked With Reviving Confidence
When Olayemi Cardoso takes full control of Nigeria‘s central bank this week, his biggest challenges will be to
2023-09-27 15:23
EBRD Sees Challenge to Dollar from Russia’s Trade in Yuan
Russia’s rising trade in the yuan in the wake of the war in Ukraine and western sanctions may
2023-09-27 13:50
India Sticks to Borrowing Plan After JPMorgan Index Inclusion
India’s government maintained its borrowing plan for the remainder of this fiscal year, as higher revenues obviate the
2023-09-27 13:49
World’s No. 1 Stock Owner Calls Out Big Oil as Carbon Levels Go Up
A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any
2023-09-27 13:49
Haitong Securities Considers Taking Hong Kong Unit Private, Sources Say
Haitong Securities Co. is mulling to take private its Hong Kong-listed investment banking unit, people familiar with the
2023-09-27 13:24