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British pensions step up multi-billion-pound asset fire sale as need for cash soars
By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – UK pension schemes are racing to raise hundreds...
11th October, 2022
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BoE doubles potential bond buy-backs as emergency plan nears end
By William Schomberg LONDON (Reuters) -The Bank of England sought to ease concerns about this week’s...
10th October, 2022
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Credit Suisse bonds hit record lows
LONDON (Reuters) – Euro-denominated bonds issued by Credit Suisse dropped to record lows on Monday,...
3rd October, 2022
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Struggling Cineworld paints bleak picture for cinemas
By Yadarisa Shabong (Reuters) -Britain’s Cineworld on Friday painted a bleak picture for cinema oper...
30th September, 2022
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Bank of England seeks to stem bond market turmoil after tax cut storm
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England sought to quell a fire-storm...
28th September, 2022
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UK corporate borrowing costs soar as mini-budget fallout spreads
By Tommy Wilkes and Dhara Ranasinghe LONDON (Reuters) -Borrowing costs for UK firms are soaring, wit...
28th September, 2022
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Banks close painful Citrix debt chapter with $700 million loss -source
By Abigail Summerville and Matt Tracy (Reuters) – Wall Street banks completed the sale of $8.55 bill...
22nd September, 2022
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Movie chain operator Cineworld files for U.S. bankruptcy
(Reuters) -Britain’s Cineworld Group on Wednesday filed for bankruptcy protection in the United Stat...
8th September, 2022
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FTSE 100 extends gains, Micro Focus soars on buyout deal
By Johann M Cherian and Sruthi Shankar (Reuters) -UK’s blue-chip index rose for a second straight da...
26th August, 2022
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Bank of England sets out plans to sell $23 billion corporate bond stockpile
By David Milliken LONDON (Reuters) – The Bank of England set out plans on Thursday to auction off ar...
18th August, 2022
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U.S., European banks could lose over $5 billion from risky buyout loans
By Saeed Azhar, Anirban Sen and Davide Barbuscia NEW YORK (Reuters) -Top U.S. and European banks are...
18th August, 2022
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Ukraine’s Naftogaz says bondholders reject second proposal to suspend debt payments
By Marc Jones LONDON (Reuters) -Ukraine’s state-owned gas company Naftogaz said on Wednesday its 202...
17th August, 2022