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...A deal for the Scunthorpe site would mirror a similar agreement with India’s Tata Steel plant at Port Talbot in south Wales....
...The lenders, which have so far refused to extend the loan without an injection of fresh equity from Thames Water’s owners, are Chinese state-owned Bank of China and Industrial and Commercial Bank of China...
...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...Banks have since significantly tightened up scrutiny of clients, with approvals for setting up private banking accounts and new family offices in the city-state now stretching into months and in some cases...
...Labour met the boss of Tata Sons in Mumbai on Wednesday and urged him to give a stay of execution to traditional steelmaking at Port Talbot, holding out the promise of more state support should the party...
Current rates from the state-owned savings bank
...The TUC estimated that about 800,000 manufacturing and supply chain jobs could be axed without generous state subsidies....
...Chinese property group Shimao faces a winding-up petition from one of China’s largest state-run banks, the developer said in a disclosure to the Hong Kong stock exchange on Monday....
...The involvement of a prominent state-owned bank signals a new level of impatience among creditors as a cash crunch for property developers continues to worsen....
...In EU countries, where steelmakers are also switching to electric arc furnaces, often aided by state subsidies, DRI is frequently part of the picture....
...The China Development Bank is primarily responsible for making infrastructure loans and is under direct supervision of the State Council, the country’s cabinet....
...Isolated from the world’s capital markets, Russian banks have benefited from a boom in domestic lending as households have rushed to take on state-subsidised mortgages and corporate lending has soared....
...Port Talbot employs half of Tata Steel’s 8,000-strong workforce and one government official said without the state-backed deal all those jobs would have been vulnerable....
...State sell-offs in the 1980s and 1990s promised a whole new way of doing business, bringing in (at least theoretically) cost efficiencies and productivity gains....
...Junaidi was referring to the success of the state-owned bank’s digital banking platforms, especially Livin’ — a mobile app for retail customers that he called “the real superapp” in an apparent dig at Indonesian...
...The US has announced sanctions against an individual and two organisations accused of targeting Palestinians in the West Bank....
...The US state department said four “Israeli nationals/individuals connected to violence in the West Bank” already had sanctions placed against them on Thursday....
...The state, which exited the country’s largest lender, Bank of Ireland, in 2022, holds less than 40 per cent of AIB....
...Her take on the World Bank in the run-up to its spring meetings is here if you missed it....
...An exploration of state, society and selfhood, it is a work of evident ambition but uneven execution that never quite coheres or even settles on a genre....
...Reza Baqir Former Governor, State Bank of Pakistan (2019-2022); Global Practice Leader of Sovereign Advisory Services, Alvarez & Marsal, Dubai, United Arab Emirates...
...Truss has sought to blame her short tenure on an array of forces in the “deep state”, the Bank of England included. So there was potential for Bernanke’s report to feed the culture wars....
...Germany is also backing decarbonisation plans by ThyssenKrupp, while in the UK, Port Talbot's owner, India's Tata Group, has been promised £500mn of state support to build an electric arc furnace....
...State institutions such as the central bank have already suffered a decline. Since August, the chairs of some state banks have in effect outranked the PBoC governor in the Communist party hierarchy....
...Most of the misgivings against efforts to mobilise the Russian state’s assets to help its victim have centred on the legality of confiscating a central bank’s reserves....
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