Page 43 - Bluestone Resources News Today : Breaking News, Live Updates & Top Stories | Vimarsana

This week’s episode features an in-depth interview with Bluestone Resources president and CEO Jack Lundin on the company’s Cerro Blanco project and its accompanying Mita geothermal project in Guatemala. Jack also discusses his previous role at Fruta del Norte and the transition to becoming president of Bluestone Resources in April. All this and more with host Adrian Pocobelli.

© Dominik Reipka/Bloomberg via Getty Images The collapse of Lex Greensill’s business empire has left a messy international trail across several countries, including the UK, Germany, Switzerland and Australia. Former UK prime minister David Cameron, the German federal government, Softbank, and steel magnate Sanjeev Gupta are just a few of the more eye-catching stakeholders involved. So what actually happened and how are all of these parties involved in the story? Here’s a broad summary of the story so far. What was Greensill Capital and why did it collapse? London-based Greensill Capital ...

Credit Suisse Greensill Fund Holders Face More Losses This content was published on April 27, 2021 - 15:48 April 27, 2021 - 15:48 (Bloomberg) -- Investors in the Credit Suisse Group AG funds that invested in assets sourced by Greensill Capital may face a further $190 million loss on their holdings. A discount of roughly 7% will be applied to notes on a book of around $2.8 billion loans held in the funds, adding to potential losses stemming from troubled borrowers such as SoftBank Group Corp.-backed Katerra, U.S. coal miner Bluestone Resources and Sanjeev Gupta’s GFG Alliance, according to a...

Netflix, Amazon pop up in Greensill Bank court filing Save Share US investor White Oak Global Advisors, which is in talks with Sanjeev Gupta over possibly pumping more money into GFG Alliance, is one of two dozen American groups – along with Netflix and Amazon Digital Services – named as creditors and counterparties of Greensill Bank in US bankruptcy filings. White Oak, headquartered in San Francisco, is also one of a handful of groups in talks now with GFG about potentially refinancing parts of the steel conglomerate’s Australian operations. GFG faces a huge uphill battle to r...

Credit Suisse Investors Face More Losses in Greensill Funds This content was published on April 26, 2021 - 13:37 April 26, 2021 - 13:37 (Bloomberg) -- Investors in the Credit Suisse Group AG funds that invested in assets sourced by Greensill Capital may face a further $190 million loss on their holdings. A discount of roughly 7% will be applied to notes on a book of around $2.8 billion loans held in the funds, adding to potential losses stemming from troubled borrowers such as SoftBank Group Corp.-backed Katerra, U.S. coal miner Bluestone Resources Inc. and Sanjeev Gupta’s GFG Alliance, acc...