© Reuters. A man waits inside a three-wheeler near a line to buy petrol from a fuel station, amid the country’s economic crisis, in Colombo, Sri Lanka, May 23, 2022. REUTERS/Dinuka Liyanawatte By Uditha Jayasinghe and Jorgelina do Rosario COLOMBO/LONDON (Reuters) – Sri Lanka has hired heavyweight financial and legal advisers Lazard (NYSE:) and Clifford … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Uditha Jayasinghe and Jorgelina Do Rosario Article content COLOMBO/LONDON — Sri Lanka has hired heavyweight financial and legal advisers Lazard and Clifford Chance as it prepares for the difficult task of renegotiating its debts, a trio of sources told Reuters on Monday. The move is … Read more
Clifford Chance has raised pay for newly qualified UK-based lawyers to £125,000 in the latest escalation of a fierce pay war for junior lawyers in the City of London. The group, which turned over £1.8bn in its most recently reported year to April 2021, has boosted base pay for its most junior lawyers by 16 … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Uditha Jayasinghe and Jorgelina Do Rosario Publishing date: May 23, 2022 • 15 minutes ago • 1 minute read • Join the conversation Article content COLOMBO/LONDON — Sri Lanka hired Lazard and Clifford Chance as financial and legal advisers respectively to represent the government in talks … Read more
Article content VANCOUVER, British Columbia, May 20, 2022 (GLOBE NEWSWIRE) — Western Resources Corp. (“Western” or the “Company”) (TSX: WRX) is pleased to announce that it has entered into an Amended and Restated Subscription Agreement (the “Amendment”) originally signed on February 16, 2022 with Vantage Chance Limited (“Vantage”), in which Vantage has committed to make … Read more
If you are a believer that price is truth in the stock market, then the latest research from the Street is worth seeing. “We estimate U.S. and Euro area equity markets are pricing in a ~70% probability of a near-term recession,” said JP Morgan strategist Marko Kolanovic in a research note on Wednesday. Kolanovic’s research … Read more
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures, amid weak revenue and guidance from Cisco Systems. The stock market rally sold off hard Wednesday, as a big Target (TGT) earnings miss raised major concerns about retailers, related sectors and the broader economy amid hot inflation and weakening demand. X … Read more
Breadcrumb Trail Links PMN Business Author of the article: Bloomberg News Laura Hurst Publishing date: May 14, 2022 • 16 minutes ago • 5 minute read • Join the conversation Article content (Bloomberg) — Six months ago, UK North Sea oil and gas faced the bleakest outlook in its 50-year history. The government was focused on … Read more
BlackRock has a ‘worsening macro outlook’ and sees little chance of a perfect economic scenario — but it likes these 3 pockets of value in the market The Fed raised its benchmark interest rate by 0.5% to fight inflation, marking its biggest increase in more than two decades. Since the rate hike announcement, the S&P … Read more
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: May 30, 2022 | 7-9:30pm EST GNW Article content Presented by The … Read more