PacWest Sells $3.5 Billion Asset-Backed Loan Pool to Ares
PacWest Bancorp sold a $3.5 billion asset-backed loan portfolio to Ares Management Corp., offloading more assets to boost
1970-01-01 08:00
Syria war: Nine killed as Russia air strike hits Idlib market
The UN expresses deep concern about escalating hostilities after Russian jets bomb rebel-held Idlib.
1970-01-01 08:00
Saudi Arabia’s Stash of Oil in the Red Sea Is Driving Up Global Floating Storage
The amount of oil being stored at sea globally climbed to the highest in more than two-and-a-half years,
1970-01-01 08:00
Biden Energy Subsidies Risk Distorting Critical Metals Market, UK Minister Warns
US President Joe Biden’s landmark clean-energy law — and the huge subsidies it offers — risk distorting the
1970-01-01 08:00
UK Banks to Pass All of Rate Hikes to Some Savers, JPMorgan Says
British lenders will likely have to pass on all of the Bank of England’s record rate hikes to
1970-01-01 08:00
Canada’s Explosive Wildfires Have Damaged a Forest Carbon Offset Project
Canada’s explosive wildfire season has already pumped millions of tons of carbon dioxide into the atmosphere. Some of
1970-01-01 08:00
Top Explorer Urges Caution With Boom in Sea and Space Adventures
The demise of five people aboard a submersible touring the Titanic’s underwater wreckage has even the most prominent
1970-01-01 08:00
German Business Outlook Plummets as Recession Shadow Lingers
Germany’s business outlook deteriorated to the lowest seen this year, evidence that Europe’s biggest economy is struggling to
1970-01-01 08:00
Casino Says It Needs Equity Boost of at Least €900 Million
Casino Guichard-Perrachon SA said it will need an equity boost of €900 million ($981 million) or more and
1970-01-01 08:00
China’s GAC Unveils World’s First Ammonia Car Engine
China’s Guangzhou Automobile Group Co. said it has developed the world’s first car engine that runs on ammonia,
1970-01-01 08:00
Europe’s LNG Imports Overtake Pipeline Gas for First Time
Europe’s liquefied natural gas imports surpassed those coming to the continent via pipelines for the first time last
1970-01-01 08:00
Cost of Living Crisis Gets Worse for 80% of British Families
Eight in 10 British households suffered a drop in their disposable incomes last month as rising living costs
1970-01-01 08:00