Disco Bonds Surge on Surprise Bank Move to Redeem Them
A group of bonds issued almost 40 years ago by Norwegian lender DNB Bank ASA are surging in
2023-11-16 19:48
Vitol Buys BP’s Turkish Gas Stations, Upping Downstream Bet
Vitol’s Petrol Ofisi agreed to buy BP Plc’s gas station operations in Turkey, as the world’s biggest independent
2023-11-16 19:22
Mars to Pay 170% Premium to Take Over Britain’s Hotel Chocolat
Mars Inc., the US candy company, agreed to buy Britain’s Hotel Chocolat Group Plc for £534 million ($662
2023-11-16 18:56
UK’s Starmer Suffers Major Labour Rebellion Over Gaza Stance
UK opposition leader Keir Starmer suffered a major rebellion over his stance on the Israel-Hamas war, as more
2023-11-16 18:53
UK Rates May Need to Stay Higher for Longer, BOE Policymaker Greene Says
Bank of England monetary policymaker Megan Greene said interest rates will need to remain higher for longer to
2023-11-16 18:48
Train Drivers to Strike Across the UK Again in December
UK train drivers will strike again next month as part of a long-running dispute over pay and conditions.
2023-11-16 18:29
Elliott-Backed Venture Leads Bid for Langham Portfolio
Elliott Management Corp. and Oval Real Estate Ltd. have been selected as the preferred bidders to buy a
2023-11-16 18:21
Investec Pays Record Dividend as Interest Rates Boost Income
Investec Plc will pay its highest interim dividend yet after booking double-digit growth in income from lending during
2023-11-16 17:59
UK Households Face 5% Rise in Energy Bills as Winter Sets In
British households are facing a 5% increase on their energy bills from January, when the regulator is set
2023-11-16 17:55
Turkey's Lira Lures Carry Traders Once Again
The unnatural steadiness of Turkey’s currency depreciation is drawing the attention of so-called carry traders, a type of
2023-11-16 17:50
Troubled SBB Offers to Buy Back Bonds At Big Discounts
Embattled Swedish landlord Samhallsbyggnadsbolaget i Norden AB, also known as SBB, said it would use proceeds from an
2023-11-16 17:19
Asian Gas Market Gets Relief as Buyers Look to Resell Supply
North Asia’s top liquefied natural gas buyers are looking to resell shipments due in part to high inventories,
2023-11-16 16:58