Coal firm Murray Energy became the latest commodity issuer to face a pushback in the leveraged finance market as it looked to raise US $3.8bn to finance its planned acquisition of a majority stake in Foresight Energy and to refinance existing debt. Murray
Switzerland on Thursday halved its growth forecast for 2015 as the strong franc bit into the country's exports, but the central bank said it was keeping its monetary policy unchanged. The Swiss National Bank caused an upheaval in world currency markets wh
A former trader at Dutch lender Rabobank has become the first to be banned from Britain's financial services industry for Libor interest rate rigging after he was convicted in the United States. The Financial Conduct Authority (FCA) said on Tuesday that P
According to a Business Recorder exclusive, the Water and Power Development Authority (Wapda) has decided to revaluate its assets under present market rates and offer part of what is expected to be an increase to the general public. The obvious obj