Ares acquires $3.5 billion loan portfolio from PacWest
Private-equity firm Ares Management said on Monday it had acquired a $3.5 billion specialty finance loan portfolio from
2023-06-26 18:55
Zambian President Hichilema's $6bn debt deal hailed as 'historic'
The country, which defaulted in 2020, has been engaged in protracted talks over its repayments.
2023-06-23 22:21
EBRD lends 50 million euros to Ukraine's Ukreximbank
KYIV The European Bank for Reconstruction and Development will provide a 50-million-euro ($54 million) loan to one of
2023-06-23 20:55
Iceland Ireland owner placed into examinership
Last week the firm was ordered to withdraw all imported frozen food of animal origin.
2023-06-21 02:58
Iceland Ireland told to recall UK products 'of animal origin'
The Food Safety Authority of Ireland has directed the withdrawal of frozen foods of an animal nature.
2023-06-16 05:25
Italy reassessing GLAM scheme to handle state-guaranteed loans, sources say
By Giuseppe Fonte and Valentina Za ROME Italy is reassessing how it plans to deal with billions of
2023-06-15 23:24
Supreme Court could soon rule on Biden's student loan forgiveness program. Here's what borrowers need to know
Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden's student loan forgiveness program. The fate of the debt cancellation program lies with the Supreme Court, which is expected to rule in late June or early July.
2023-06-14 17:24
U.S. Bancorp CEO says economy heading for "moderate" recession
U.S. Bancorp's Andy Cecere forecast a "moderate" recession that would be short and "not very deep in terms
2023-06-13 23:59
China's May new loans miss expectations, more stimulus likely
BEIJING China's new bank loans picked up in May from the previous month, as the central bank kept
2023-06-13 17:29
Student loan payments will be due starting in October, Department of Education clarifies
In October, tens of millions of borrowers will be required to pay their monthly federal student loan bills for the first time since March 2020, the Department of Education clarified Monday.
2023-06-13 02:51
Melissa Rivers says her mom Joan Rivers left behind a lot of jokes and Altoids
Nearly a decade after the death of comedian Joan Rivers, her daughter Melissa Rivers is still finding handwritten jokes in her mom's sweater pockets.
2023-06-10 01:25
Biden vetoes bill blocking student loan forgiveness program
President Joe Biden officially vetoed legislation Wednesday that would block his student loan forgiveness program, blasting lawmakers who supported the bill for what he called an "unprecedented attempt to deny critical relief to millions of their own constituents."
2023-06-08 07:50