Nord Anglia Education injects 2 bln euro farm loan into market tests

LONDON, Jan 26 (Reuters) – Nord Anglia Education, a private school organization in London is supported by the private equity firm EQT. (EQT.N)raised about 2 billion euros ($2.18 billion) in debt on Thursday, according to a time sheet seen by Reuters. The deal could help pave the way for potential lending by other media companies, … Read more

Pakistan seeks US help in unlocking $1.1 billion IMF loan – Dawn

Jan 26 (Reuters) – Pakistan is seeking support from Washington to open a temporary International Monetary Fund program that will release $1.1 billion to its struggling economy as the country rebuilds after devastating floods. last year, the Dawn newspaper said on Thursday. The IMF and Pakistan signed a $6 billion loan in 2019, which added … Read more

China’s development loans to developing economies fall to 13-year low in 2021 – study

LONDON/JOHANNESBURG, Jan 24 (Reuters) – Loans made by China’s two main commercial banks fell to a 13-year low of $3.7 billion in 2021 as Beijing cut funding. for large oil projects, a study from Boston University Global Development. Policy Center revealed. Commitments made to 100 developing countries by the Export-Import Bank of China (China EximBank) … Read more

Qatar Investment Authority raises stake in Credit Suisse to less than 7%

DUBAI, Jan 23 (Reuters) – Qatar’s sovereign wealth fund has increased its stake in Credit Suisse (CSGN.S) at less than 7%, making the Swiss bank the second-largest shareholder after the Saudi National Bank, in a sign that its business bases in the Gulf are growing in importance. The Qatar Investment Authority (QIA) bought 139.03 million … Read more

The appointment of the chair of the BBC will be reviewed after Boris Johnson’s loan questions

LONDON, Jan 23 (Reuters) – Britain’s public affairs watchdog said on Monday it would review the way Richard Sharp was chosen to lead the BBC after questions about his role in securing a loan for prime minister Boris Johnson in the pre-election period. . Sharp, a former Goldman Sachs banker, said he introduced an old … Read more

Unions urge Biden administration not to change EV tax credit rules

WASHINGTON, Jan 20 (Reuters) – A number of unions and civil society and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign governments to reconsider strengthening car taxes. America’s electricity. The $430 billion U.S. Inflation Reduction Act (IRA) passed in August limited the $7,500 consumer tax credit … Read more

Failed crypto exchange FTX has recovered $5 billion, lawyers say

FTX cost last year at $32 billion More than $8 billion in FTX customer money is missing Plans to sell FTX partners were brought before the court NEW YORK / WILMINGTON, Del., Jan 11 (Reuters) – Crypto exchange FTX has recovered more than $ 5 billion in liquid assets but most of the loss of … Read more

Hurricanes and floods will cause $120 billion in losses by 2022

FRANKFURT/MUNICH, Jan 9 (Reuters) – Hurricane Ian in the United States and floods in Australia helped make 2022 one of the costliest years on record for natural disasters, Munich Re said. on Tuesday, warning that climate change is making storms stronger. and repeat. Losses from natural disasters covered by insurers were about $120 billion last … Read more

China says talks to include Paxlovid in its drug list have failed

BEIJING, Jan 8 (Reuters) – China will exclude Pfizer Inc’s (PFE.N) Paxlovid in an update to its list of drugs included in medical insurance programs as the American company cited a higher price for the drug COVID-19, China’s Healthcare Security Administration (NHSA) said on Sunday . The COVID-19 antiviral drug is now covered by the … Read more

HSBC customers in the US sent random emails on mortgages, resettlement

Jan 6 (Reuters) – HSBC disappointed (HSBA.L) Bank customers in the United States took to the media on Friday to complain about the unknown emails they received from the bank about home loans and relocation. “Congratulations on your new mortgage with HSBC Bank,” said one of the messages sent to customers who said they had … Read more