Done family took £30m dividend from Betfred before warning of job cuts

A elite empresarial busca aproximação com Flávio Bolsonaro

US Private Credit Stress Masked by Growing PIK Use, Moody’s Says

US Private Credit Stress Masked by Growing PIK Use, Moody’s Says Borrowers in the US private debt market are using delayed interest payments and maturity extensions to avoid default, potentially masking the overall extent of credit stress, according to Moody’s Ratings. The default rate among 607 private credit borrowers assessed by Moody’s stood at 4% in the 12 months to June. That figure rose to 5.8% when payment-in-kind amendments and maturity extensions among distressed issuers were taken...

SEC Approves Cboe’s KPI Prediction-Market Bets With Robinhood

SEC Approves Cboe’s KPI Prediction-Market Bets With Robinhood Cboe Global Markets Inc. won approval from the Securities and Exchange Commission to become the first securities exchange to list options contracts tied to publicly-traded companies’ performance metrics. The measures, also known as key performance indicators, are a growing segment in the fast-moving world of predictions markets. Cboe’s contracts will allow traders to wager on whether companies will exceed or fall short on specific...

The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’

There are many reasons to ignore this affordability ‘solution’, not least it being complex and fiddly. Just keep things simple“My mark of failure or success is whether I can get bills down or not. That’s the only thing I’m in this job to do.”