Sanctioned Russian bank VTB pays FX bond coupons in roubles
Sanctioned Russian lender VTB (VTBR.MM) made coupon payouts in roubles to holders of its subordinated bonds denominated in U.S. dollars and euros, the National Settlement Depository said on Tuesday.
Global bond sales to cross $10 trillion in 2022, S&P Global Ratings says
Global sovereign borrowing will reach $10.4 trillion in 2022, nearly a third above the average before the coronavirus pandemic, S&P Global Ratings said in a report.
EXCLUSIVE Investors warn European companies over climate accounting
Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP (BP.L) and Volkswagen (VOWG_p.DE), that they could challenge board directors over their accounting of climate risks.
Nearly half of crypto owners first bought digital assets in 2021, survey shows
Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from U.S. cryptocurrency exchange Gemini.
Analysis: With capital markets jittery, private equity pounces to finance tech buyouts
When buyout firm Thoma Bravo LLC was seeking lenders to finance its acquisition of business software company Anaplan Inc (PLAN.N) last month, it skipped banks and went directly to private equity lenders including Blackstone Inc (BX.N) and Apollo Global Management Inc (APO.N). Within eight days, Thoma Bravo secured a $2.6 billion loan based partly on annual recurring revenue, one of the largest of its kind, and announced the $10.7 billion buyout. The Anaplan deal was the latest example of what capital market insiders see as the growing clout of private equity firms’ lending arms in financing leveraged buyouts, particularly of technology companies.
Russia maintains gas deliveries as Europe considers fresh sanctions
Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders called for more sanctions against Moscow after war crimes allegations in Ukraine.
Oil prices fall after truce in Middle East conflict, petroleum reserve news
Oil prices fell at the start of Asian trade on Sunday, after the United Arab Emirates and the Iran-aligned Houthi group welcomed a truce that would halt military operations on the Saudi-Yemeni border, alleviating some concerns about potential supply issues.
Five key takeaways from Jamie Dimon’s letter to JPMorgan’s investors
Jamie Dimon, CEO of JPMorgan Chase & Co (JPM.N), published his closely watched annual letter to shareholders on Monday, covering critical issues including the war in Ukraine, the energy crisis, sanctions, inflation and interest rates
Indonesia to impose VAT, income tax on crypto assets from May
Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital gains from such investments at 0.1% each, starting from May 1, a tax official said on Friday, amid a boom in digital asset trading.
Explainer: Russia wants gas payments in roubles. Will buyers make the switch?
President Vladimir Putin signed a decree on Thursday requiring foreign buyers to pay roubles for Russian gas from April 1 or see their contracts halted, a move described as “blackmail” by European states.
