Bloomberg Business Archives - Page 1571 of 4255

Mitsotakis Says Greece to Repay Bailout Loans Early (Video)

4 Jul 2023 4 Jul 2023

Prime Minister Kyriakos Mitsotakis, speaking in an exclusive interview with Bloomberg, pledged to repay some of Greece’s bailout loans ahead of schedule as he looked to send a statement of intent to the markets at the start of his second term in office. “The first goal, and I think it’s a very tangible goal, is to get to investment grade before the end of the year,” Mitsotakis said in a conversation with Francine Lacqua in Athens. (This is an excerpt. More coverage of the interview will be avail

Le Pain Quotidien UK Arm Falls Into Insolvency, Most Cafes Close

4 Jul 2023 4 Jul 2023

The UK division of Le Pain Quotidien, the international bakery chain, has collapsed into insolvency, shutting all but one of its cafes and axing 250 jobs.

Thames Water Rocks ESG Funds With Sewage-Tainted Green Bonds

4 Jul 2023 4 Jul 2023

The company has issued $3 billion of green bonds since 2022.

South Africa to Demand Crypto Firms be Licensed by Year-End

4 Jul 2023 4 Jul 2023

South Africa will require that crypto exchanges in the country operate with licenses by the end of the year, according to the country’s financial regulator.

Turkey’s Erdogan Pours Cold Water on Sweden NATO Entry Talks

4 Jul 2023 4 Jul 2023

Turkey’s president downplayed the chances of a significant breakthrough at talks this week to bring Sweden into NATO, amid a row over the burning of a Koran in Stockholm.

Airbus Hints at Narrowbody Successor Featuring Folding Wing Tips

4 Jul 2023 4 Jul 2023

Airbus SE is working on an elongated carbon-composite wing with folding tips that could feature on its next-generation airliner, as the European manufacturer seeks to eke out more fuel savings and improve the industry’s environmental footprint.

Billionaire Kretinsky Boosts Equity Offer for Casino as Niel Group Makes Bid

4 Jul 2023 4 Jul 2023

Czech billionaire Daniel Kretinsky increased the size of his proposed equity investment in Casino Guichard-Perrachon SA as he competes with a trio of French business executives to take control of the debt-laden French supermarket operator.

Odey’s Hedge Fund Empire Is Disintegrating Bit by Bit

4 Jul 2023 4 Jul 2023

Less than a month on from the latest sexual assault allegations against Crispin Odey, there is little left of the hedge fund empire it took him three decades to build, with all his fund managers in talks to move out.

Jim Ratcliffe Says CMA Is Anti-Business After Deal Blocked

4 Jul 2023 4 Jul 2023

Jim Ratcliffe has accused the UK’s competition watchdog of being anti business after it blocked a deal by the British billionaire’s chemicals group Ineos Group Holdings SA.

EU Set to Exit From Controversial Energy Charter Treaty

4 Jul 2023 4 Jul 2023

The European Union is set to announce this week its withdrawal from the controversial Energy Charter Treaty, after a small group of nations argued that it clashes with international climate goals and offers fossil fuel firms an avenue for massive legal claims.