Gunvor tests commodity loan offer

Through Mi Wong dog, Mirzaan Jamwal, LPC * Loans: higher margin reflects growing unease among lenders with the industry HONG KONG, May 22 (LPC) – Gunvor Group offers a 20bp higher margin on its latest syndicated loan targeted at Asia, in the first test of new price levels for the …

Read More »

Where to donate to bolster a quiet art scene

As we move into April, treating people sick with Covid-19 and preventing others from becoming so remains a priority in New York, as it does across the country. But how can we pay attention to others particularly affected by the crisis? The city-wide shutdown of non-essential services has devastated the …

Read More »

Spotify target artists, labels for ad revenue

POLAND – 2020/02/23: In this photo, a Spotify logo is displayed on a smartphone. … [+] (Photo Illustration by Omar Marques / SOPA Images / LightRocket via Getty Images) SOPA Images / LightRocket via Getty Images Despite complaints from artists about meager royalty payments, Spotify is approaching them and the …

Read More »

UK lender Provident braces for increase in bad debts

(Reuters) – UK lender Provident Financial PFG.L sank into a first-half loss and suspended dividend payments as he set aside £ 240m ($ 316m) for an expected increase in bad debts amid the economic slump caused by coronaviruses. However, the company’s shares – already down around 50% this year – …

Read More »