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Market News
October 7, 2021
Credit Suisse to Front Some Greensill Fund Recovery Costs
Credit Suisse Group AG said it will front “as much as possible” of the legal and advisory costs to recover cash for investors in supply-chain...
October 7, 2021
BOE’s New Chief Economist Sees Prolonged Jump in U.K. Inflation
The Bank of England’s new chief economist says the current spike in U.K. inflation looks set to last longer than originally thought, in comments...
October 7, 2021
Iran, Israel and the Rising Tensions in the Caucasus: QuickTake
Iran is building up its military presence on its border with Azerbaijan in a dispute between the neighbors over Israel. What started as local...
October 7, 2021
DiCaprio-Backed Firm Said to Raise Funds at $1.5 Billion Value
MindMaze, whose virtual-reality software helps people regain motion after strokes or traumatic brain injuries, is valued at more than $1.5 billion...
October 7, 2021
Early-Covid Flashbacks From Italy Haunt Vaccine Laggard Romania
Romanian officials are concerned that scenes of overflowing Italian hospitals during the initial weeks of the pandemic are becoming the reality in...
October 7, 2021
NatWest Faces $460 Million U.K. Fine on Money Laundering Guilt
NatWest Group Plc could face a fine of around 340 million pounds ($460 million) from the U.K. watchdog after pleading guilty to three criminal...
October 7, 2021
U.K. Says 5% of Workforce on Furlough in Last Month of Program
The U.K. had about 5% of the workforce on furlough in the final month of the government program that paid the wages of those whose workplaces were...
October 7, 2021
More U.K. Energy Suppliers Seen Failing After Volatile Prices
More energy suppliers are likely to collapse as a result of volatile gas and power prices, according to U.K. Business Secretary Kwasi Kwarteng.
October 7, 2021