Bust Energy Firm’s Multi Million Payout Plan Approved by UK Court
Creditors and owners of a collapsed energy retailer are set to receive payouts worth tens of millions of pounds after a London judge approved a restructuring plan.
Creditors and owners of a collapsed energy retailer are set to receive payouts worth tens of millions of pounds after a London judge approved a restructuring plan.
Vanguard Group Inc.’s Ales Koutny says the market is underestimating just how hawkish the Bank of Japan will need to be this year to boost the beleaguered yen.
Stocks rallied on earnings optimism and US data that supported the case for interest-rate cuts. A raft of Federal Reserve speakers are slated for Friday.
The UK’s economy bounced back strongly from a shallow recession at the end of last year, providing some relief for Prime Minister Rishi Sunak who has so far struggled to deliver on his promise to revive growth.
Hong Kong’s benchmark stock index jumped to a nine-month high on optimism over the potential scrapping of some dividend taxes and new initiatives to boost Chinese property purchases.
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