UBS is buying back senior and subordinated debt worth roughly 16 billion Swiss francs ($16.13 billion) in a tender offer due to end on Dec. The company is seeking to secure a $7 billion credit facility in north America as back-up for its $70 billion acquisition of BG Group, sources said on Thursday. Renault-Nissan Chief Executive Carlos Ghosn said talks to resolve a standoff with the French government over voting rights were ongoing, but he hoped to resolve the matter by a board meeting on Dec.
EA BUILDER CRACK FULL
Luxury division Audi has appointed a new chairman and a new development chief at a meeting of its supervisory board as it struggles to recover from an emissions scandal.įrench carmaker Renault will return to Formula One as a full constructor next year after agreeing key contracts to acquire the Lotus team, the company said. The carmaker has told banks supplying a 20 billion-euro credit line that it would sell assets if it finds no other way of repaying the one-year loan, two people familiar with the matter said. While the central bank announced to extend its asset purchase programme, it did not increase its size, and bets that there might be further easing were dashed.
EA BUILDER CRACK UPDATE
The pan-European FTSEurofirst 300 index slumped 3.3 percent, its biggest fall since late August, on Thursday after the ECB’s policy update fell well short of high expectations. “We are left with a market that is now of the belief that we are unlikely to see further easing,” Chris Weston, chief market strategist at IG, said in a note. LONDON, Dec 4 (Reuters) - European shares were expected to open lower on Friday, extending their losses from the previous session when the European Central Bank’s (ECB) stimulus package disappointed some investors.įutures for the Euro STOXX 50, Germany’s DAX, France’s CAC and Britain’s FTSE were down 0.4 to 0.7 percent by 0731 GMT.
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