Page 199 - Bon News Today

CEO of Top Irish Securities Firm Davy Resigns After Scandal Mar 08 2021, 12:13 PM March 06 2021, 6:45 PM March 08 2021, 12:13 PM (Bloomberg) -- Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resigned after regulators accused the company of a “lack of candor” in dealing with one of the worst scandals to hit Dublin’s stockbroking community in years. (Bloomberg) -- Brian McKiernan, chief executive of Ireland’s biggest securities firm Davy, resi...

(Bloomberg) -- Europe’s vaccine blunders are alarming some of the world’s top investors, who see economic growth imperiled by a slow pace of business reopenings. While the region’s stocks are riding the global rally and faring well against the selloff in U.S.

Chile Coal Plant Bonds Rally as WEG Vows to Meet Commitments Mar 07 2021, 4:40 AM March 05 2021, 8:42 PM March 07 2021, 4:40 AM (Bloomberg) -- Empresa Electrica Guacolda SA’s bonds jumped the most in more than a month after Grupo WEG said it will honor commitments previously made to creditors after it acquires AES Gener’s stake in the coal-fired power producer. (Bloomberg) -- Empresa Electrica Guacolda SA’s bonds jumped the most in more than a month after Grupo WEG said it will h...

U.K.’s Green Ambitions Trail Europe in Sustainable Bond Market Mar 06 2021, 6:29 PM March 06 2021, 10:30 AM March 06 2021, 6:29 PM (Bloomberg) -- The U.K.’s late entry to the booming green debt market will leave it struggling to catch up with European peers, undermining ambitions for London to become a world leader in environmental finance. (Bloomberg) -- The U.K.’s late entry to the booming green debt market will leave it struggling to catch up with European peers, undermining a...

(Bloomberg) -- Credit Suisse Group AG plans to wind down its supply chain finance funds after earlier in the week suspending the funds that invest in products sourced by financier Lex Greensill over “considerable uncertainties” over the valuation of some of the assets.

Troubled real estate firm China Fortune Land Development Co. defaulted on a $530 million dollar bond due Sunday, and some holders said they failed to receive payment on a 2 billion yuan ($309 million) bond which matured Wednesday. Separately, local government-backed Chongqing Energy Investment Group Co. has failed to repay 915 million yuan of commercial bills due Monday, according to a person familiar with the matter who cited a company notice sent to a creditor committee. “The credit even...

(Bloomberg) -- Senate Majority Leader Chuck Schumer pledged that the chamber will “power through” the arduous final process of getting President Joe Biden’s $1.9 trillion stimulus bill passed.

(Bloomberg) -- When the U.K. and European Union shook hands on a trade deal late last year, few expected the new relationship to be plain sailing. And as with many divorces, antagonism between the sides has refused to fade.

(Bloomberg) -- Malaysia’s Finance Ministry said Deloitte PLT has agreed to a 324 million ringgit ($80 million) settlement to resolve all claims related to their audit of 1MDB and its former unit SRC International, according to a statement Wednesday.

For the EU to Survive, It Can’t Keep Failing Mar 05 2021, 3:17 AM March 04 2021, 10:30 AM March 05 2021, 3:17 AM (Bloomberg Opinion) -- On March 4, two European leaders will touch down in Israel for a visit that should worry Europhiles and delight Euroskeptics. (Bloomberg Opinion) -- On March 4, two European leaders will touch down in Israel for a visit that should worry Europhiles and delight Euroskeptics. Neither Austrian Chancellor Sebastian Kurz nor Danish Prime Minister Mette Frede...