BRIEF-Main owner withdraws petition for bankruptcy in PA Resources

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information...

16.47 | 0 komentar | Read More

UPDATE 1-Detroit, Stockton bankruptcies may flag wider problems -Fed's Dudley

(Adds comments on financing operating deficits, pensions; background) NEW YORK, April 14 (Reuters) - The municipal bankruptcies in Detroit and Stockton, California, may foretell more widespread problems in the United States than is implied by current...

16.47 | 0 komentar | Read More

CCB mandates banks for Tier 2 bonds

HONG KONG, April 15 (IFR) - China Construction Bank has mandated itself, Citigroup, HSBC and Standard Chartered as joint global co-ordinators for an offering of US dollar Tier 2 bonds. The timing of the issuance is subject to market conditions,...

16.47 | 0 komentar | Read More

ECB tells banks to write down Heta exposure by over half-Handelsblatt

FRANKFURT, April 14 (Reuters) - The European Central Bank has told banks with exposure to Austria's Heta bad bank to write it down by more than 50 percent, Germany's Handelsblatt newspaper reported on Tuesday, citing unnamed banks. The requested...

16.47 | 0 komentar | Read More

BRIEF-Evraz Highveld commences business rescue proceedings

April 14 (Reuters) - Evraz Highveld Steel And Vanadium Ltd : * Suspension of listing and cautionary announcement * Co does not have adequate funding to meet its obligations for short term * Commencement of business rescue proceedings...

16.47 | 0 komentar | Read More

BRIEF-Evraz says Evraz Highveld's business rescue announcement hinders stake sale

April 14 (Reuters) - Evraz : * Board of directors of Evraz Highveld Steel and Vanadium decided to file for voluntary business rescue procedures * Post this decision Evraz will not be able to complete sale of 34 pct of issued share capital...

16.47 | 0 komentar | Read More

Potential DTA clampdown threatens peripheral banks

* Lenders in southern Europe face potential EUR40bn capital loss * Italian bank association defends use of guarantees By Anna Brunetti LONDON, April 10 (IFR) - Southern European banks are facing the loss of more than 40bn of capital, after...

16.47 | 0 komentar | Read More

German lenders should write off half of bonds from Austria's Heta - Bundesbank

FRANKFURT, April 10 (Reuters) - German lenders should prepare to write off at least half the value of the bonds they hold in Austrian 'bad bank' Heta Asset Resolution AG, a Bundesbank board member said in an interview published on Friday. ...

16.47 | 0 komentar | Read More

Creditors agree not to execute on OGX DIP financing

SAO PAULO, April 10 (Reuters) - Creditors of Brazil's OGX Petroleo e Gas, the bankrupt oil company created by tycoon Eike Batista, agreed not to execute payments or guarantees stipulated in a debtor-in-possession (DIP) financing secured in 2014...

16.47 | 0 komentar | Read More

German lenders should write off half of bonds from Austria's Heta - Bundesbank

FRANKFURT, April 10 (Reuters) - German lenders should prepare to write off at least half the value of the bonds they hold in Austrian 'bad bank' Heta Asset Resolution AG, a Bundesbank board member said in an interview published on Friday. ...

16.47 | 0 komentar | Read More