Colombian billionaire takes control of UK's struggling Metro Bank
Jaime Gilinski Bacal, a Colombian banking and real estate entrepreneur, has taken control of Metro Bank as part of a bigger rescue deal to fill a hole in the UK lender's finances.
2023-10-09 16:57
Gold Gains as Attack on Israel Bolsters Metal’s Haven Status
Gold rose on increased haven demand after tensions ramped up in the wake of the Hamas attack on
2023-10-09 15:27
Metro Bank shares open 19% higher after funding deal
LONDON Shares in Metro Bank opened 19% higher on Monday, after the embattled British lender struck a fundraising
2023-10-09 15:19
Israel-Related Stocks Under Pressure After Hamas’ Shock Attack
Hamas’s surprise attack on Israel is casting a pall over the outlook of companies that get a part
2023-10-09 13:23
UAW Says 4,000 Union Workers at Mack Trucks Will Strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in
2023-10-09 13:16
Indonesian Billionaire’s Geothermal Firm Surges 25% in Trading Debut
PT Barito Renewables Energy jumped in its first day of trading after raising 3.13 trillion rupiah ($200 million)
2023-10-09 11:18
China Holiday Data Show Slower-Than-Expected Economic Rebound
Spending and travel over China’s Golden Week holiday undershot official expectations for growth, adding pressure on policymakers to
2023-10-09 09:46
Embattled Metro Bank secures capital, Colombian billionaire Gilinski to take control
By Iain Withers and Anousha Sakoui LONDON (Reuters) -Embattled British bank Metro announced a 325 million pound ($396.5 million) capital
2023-10-09 06:18
Metal Trader Misery Undercuts Supercycle Hype as Losses Pile Up
The world’s metal traders are enduring one of their toughest periods in years, even as an international race
2023-10-09 02:58
Bank of England approached UK lenders to gauge interest in troubled Metro Bank- FT
(Reuters) -The Bank of England's Prudential Regulation Authority approached a number of big UK lenders this week to see if
2023-10-08 22:52
Distressed Debt Anxiety Is Spreading Across Emerging Markets
Rapidly rising Treasury yields have brought back to emerging markets fears of a potential wave of defaults, with
2023-10-08 21:46
Eskom Latest: Power Utility Suspends Outages; Rooftop Solar
South Africa’s power utility suspended rotational outages on Sunday following improved electricity generation in Africa’s most-industrialized economy. Loadshedding,
2023-10-08 20:50