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Market News

September 29, 2021
Libor Deadline Extended by U.K. Regulators for Some Contracts
U.K. regulators may allow firms to continue using Libor for some contracts in limited circumstances after its planned end date, an effort to ensure...
September 29, 2021
Fortress and CD&R to Face Off in Auction for British Grocer Morrisons
Fortress Investment Group and Clayton Dubilier & Rice LLC are to face off in an auction for Wm Morrison Supermarkets Plc that will likely...
September 29, 2021
Broker Peel Hunt Rises in London Debut After $154 Million IPO
Peel Hunt rose 2.4% as it started trading in London after a two-decade hiatus, as the U.K. broker’s own business benefits from a wave of London...
September 29, 2021
Thai Central Bank Holds Rate at Record Low as Outbreak Eases
Thailand’s central bank held its key interest rate unchanged as the country’s Covid-19 outbreak eases, allowing the government to loosen movement...
September 29, 2021
Spanish Inflation Accelerates at Fastest Pace Since 2008
September 29, 2021
World Bank Asks Glencore to ‘Credibly Commit’ to Chad Debt Talks
The World Bank said Glencore Plc and other private creditors must “credibly commit” to a process of reorganizing Chad’s debt under a Group of...
September 29, 2021
What One of China’s Biggest Property Companies Can Tell Us About Debt
If you want to avoid being seen to cross any red lines, you could simply go dark.China’s authorities have introduced the “ three red lines”...
September 29, 2021
Biden’s Luster Dims as Stumbles and Congress’s Sniping Take Toll
The weekly trip to the grocery store keeps getting more expensive. Gas prices are rising and winter heating bills look ominous. Supply chain problems...
September 29, 2021
German Greens, FDP Tout Progress in Exploratory Coalition Talks
Top officials from Germany’s Greens and Free Democrats signaled they are making progress in exploratory talks on joining the next government as...
September 29, 2021
L&T in Talks to Merge Power Business With Sembcorp India
Larsen & Toubro Ltd. is in talks to merge its thermal power business with the Indian unit of Singapore-based Sembcorp Industries Ltd., according...