By Mohi Narayan and Joyce Lee NEW DELHI (Reuters) – Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Eur[...]
Read moreAugust 9, 2024
NatWest eyes loan risk transfers to spur new lending and protect dividends
By Sinead Cruise LONDON (Reuters) -NatWest wants to bolster its lending firepower. To do so it plans to cut deals with investors to offload some of its loan risk, to make its capital go further and pr[...]
Read moreParamount Global writes down cable networks value, cuts jobs; streaming profit boosts shares
By Dawn Chmielewski (Reuters) -Paramount Global wrote down the value of its cable networks by nearly $6 billion and announced Thursday it would cut 15% of its US workforce, as the media conglomerate n[...]
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