Business
Russian bonds would weather sanctions
Any tightening of western sanctions on an already stressed Russian domestic bond market would make borrowing more expensive for the government. A deputy finance minister
Any tightening of western sanctions on an already stressed Russian domestic bond market would make borrowing more expensive for the government. A deputy finance minister
Germany’s environment minister called for a complete overall of proposed European Union rules on which types of energy should be labelled as green. This is
Dutch health technology company Philips said that it expects sales to recover strongly in the second half of the year. In the coming months, a
The French government said that it had ordered state-owned utility EDF. This is to sell more of its cheap nuclear power to smaller competitors. So
An adviser to Europe’s top court stated that Italian carmaker Fiat Chrysler need not pay 30 million euros ($33.95 million) in back taxes to Luxembourg.
Wind turbine maker Siemens Gamesa is expecting initial bids for the wind farm development unit. It is looking to sell as it focuses on returning
Ratings agency Fitch downgraded property developers China Evergrande Group and Kaisa Group. They stated that they had defaulted on offshore bonds. Also, Kaisa had started
The World Health Organization (WHO) and other aid groups appealed to leaders of the world’s 20 biggest economies to fund a $23.4 billion plan to
HSBC shrugged off concerns about pandemic-related bad loans and property problems in China. This is with a surprise 74% quarterly profit jump and a $2
Sales at Birkin bag maker Hermes grew by 31%. This has beaten the market expectations, even though, the rebound from the fallout of the pandemic
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