Court documents linked to Singapore oil trading firm Hin Leong's move to seek bankruptcy protection have shed more light on the company's financial problems, showing it has net liabilities of around $3.3bn and undeclared futures losses.
News ID: 9191 Publish Date : 2020/04/20
The cost of insuring the debt of European steelmakers is rising exponentially as demand collapses.
News ID: 8841 Publish Date : 2020/03/24
Altech Chemicals announced this week announced the probability of getting mezzanine debt worth US$ 90 million from Macquarie Group for its Malaysian High Purity Alumina Plant project. Altech said the positive response from Macquarie came on the back of the recent increased profile of planned lithium-ion battery plants being constructed in Europe.
News ID: 8592 Publish Date : 2020/03/06
Only days after the management at Aluminij Mostar, Bosnia, resigned, the plant reportedly handed over layoffs to 362 workers, that is, to the remaining workforce of the bankrupt giant. According to the report, dismissals were handed over to the workers with varied notice periods, so that the plant could be able to finish the backlog before closing down.
News ID: 8196 Publish Date : 2020/01/03
Venezuela plans to finish paying off oil-backed debt to Russia's state-controlled Rosneft by March 2020, opening the way to generate cash revenue and appeal for upstream investment from Moscow.
News ID: 7312 Publish Date : 2019/11/08
Venezuela's main political opposition is pressing for a deal with foreign bondholders to suspend a looming $914mn obligation that is tethered to coveted US refining assets.
News ID: 6685 Publish Date : 2019/10/17
Tata Steel will be recalibrating its capital expenditure for the current financial year from INR 12,000 crore to INR 8,000 crore, the company’s CEO & Managing Director, T.V. Narendran, told mediapersons on the sidelines of the launch of its steel retail store ‘steeljunction’ in a new avatar, in Kolkata on Saturday.
News ID: 5989 Publish Date : 2019/08/17
Rebar demand in Indian secondary market (those of mid sized mills) remains depressed due to dull sentiments observed in domestic market as well as global market.
News ID: 5732 Publish Date : 2019/08/05
Eskom Holdings SOC Ltd. is challenging the South African energy regulator in court over a tariff increase the state-owned utility says isn’t sufficient, Mining Weekly reports, citing court papers.
News ID: 5521 Publish Date : 2019/07/28
Barrick Gold Corp. could find itself partially liable for $600 million in additional debt , if some Newmont Mining Corp. bondholders have their way.
News ID: 4322 Publish Date : 2019/04/11
Farm debt is surging in the US as several years of depressed grain prices have squeezed grower wallets, a trend that could reshape fertilizer buying and application habits.
News ID: 4300 Publish Date : 2019/04/10
According to the newest data released by the Central Bank of Iran (CBI), Iran’s debt s to foreign lenders in the end of the fourth Iranian month of Tir (July 22, 2018) stood at $10.66 billion, showing 5.6 percent decrease in comparison with announced figure in the first Iranian calendar month of Farvardin (March 21- April 20, 2018), IRIB reported on Sunday.
News ID: 2250 Publish Date : 2018/09/24