Recent Posts - page 297

• Another Payment Deadline Missed By Chinese Property Giant Evergrande – Second In A Week

  By admin2 on September 30, 2021 • ( 0 )

  

  The beleaguered Chinese property giant Evergrande, which is hugely in debt, has laso reportedly missed interest payment owed to overseas investors for the second time within a week, said reports quoting sources with information of the matter. The Chinese real… Read More ›

• Germany’s September Inflation Rate Grows At Record Pace

  By admin2 on September 30, 2021 • ( 0 )

  

  Data released on Thursday showed that the pace of growth of inflation in Germany for the month of September was a record of sorts. The data underscored the increasing price pressure on the largest economy of Europe as it attempts… Read More ›

• Carrefour considering consolidations options: CEO

  By admin1 on September 30, 2021 • ( 0 )

  

  In a statement, Alexandre Bompard, the CEO of French supermarket giant Carrefour said, it is weighing options which includes consolidations in the sector and that it has commenced talks with the family behind the Auchan chain of stores. Both Carrefour… Read More ›

• Updated banking rules will have little or no impact systemically important banks

  By admin1 on September 30, 2021 • ( 0 )

  

  On Thursday, as per Swiss government documents, Switzerland has updated rules to ensure that large banks hold sufficient liquidity to absorb economic shocks. The newly updated rules will have little or no impact on bank in terms of additional capital… Read More ›

• Turkey mulls boosting defense ties with Russia

  By admin1 on September 30, 2021 • ( 0 )

  

  On Thursday, in a statement Turkish President Tayyip Erdogan said, Ankara is considering stepping up joint defence industry collaborations with Russia in areas including engines for fighter jets and submarines. The development comes in the wake of a meeting with… Read More ›

• BlackRock, HSBC and Swiss Re among 200 companies creating nature driven risk management disclosure framework

  By admin1 on September 30, 2021 • ( 0 )

  

  In a significant development, BlackRock, HSBC and Swiss Re are among the companies who are seeking to create a risk management and disclosure framework aimed at channeling capital towards environmentally projects and away from ones which damage nature. Earlier this year in… Read More ›

• Chinese solar manufacturers shifting manufacturing base to Vietnam, Malaysia and Thailand to evade US tariffs

  By admin1 on September 30, 2021 • ( 0 )

  

  In a statement the U.S. Commerce Department said, it has asked a group of anonymous domestic solar manufacturers for additional information before it would consider a request to impose duties on panels produced in three Southeast Asian countries. The development… Read More ›

• Evergrande prioritizing domestic creditors over foreign ones

  By admin1 on September 30, 2021 • ( 0 )

  

  According to sources familiar with the matter at hand, China Evergrande’s offshore bondholders have yet to receive their due coupon payment by the close of Asia business on Wednesday, despite the cash strapped Chinese developer reaching a $1.5 billion debt… Read More ›

• SEC charges ex-Goldman Sachs senior compliance analyst with insider trading

  By admin1 on September 30, 2021 • ( 0 )

  

  The U.S. Securities and Exchange Commission has charged former senior compliance analyst from Goldman Sachs Group Inc with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland. In a statement the SEC said Jose Luis… Read More ›

• Apollo Global Management’s affiliates acquire Thermal and Emission Control Materials from Mitsubishi Chemical Corporation for undisclosed amount

  By admin1 on September 30, 2021 • ( 0 )

  

  In a statement, Apollo Global Management, a U.S. private equity firm said, funds managed by its affiliates have entered a deal to acquire Thermal and Emission Control Materials business from Japan’s advanced materials producer Mitsubishi Chemical Corporation. The deal, which… Read More ›

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