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  • FRANKFURT, March 10- The European Central Bank's decision to buy corporate bonds will be a boon for investors but may have a muted impact on inflation given the small size of that market and its tenuous link to the broader economy. ECB President Mario Draghi said the move would ease financing conditions in the real economy, presumably by lowering yields on...

  • DENVER, March 10- Whiting Petroleum Corp expects its credit line to be cut by more than $1 billion in an early May loan review, Chief Executive Jim Volker said on Thursday, the latest industry fallout from low oil prices crimping margins and fueling massive spending cuts. Whiting, the largest oil producer in North Dakota's Bakken shale formation, had $2.7 billion...

  • *West keen to boost trade with Iran after nuclear deal. *UK, Iran sign accord to help finance exports. LONDON, March 9- Britain is working with its European partners to help ease the impact of banking restrictions on trade with Iran, Business Secretary Sajid Javid said on Wednesday, adding that the UK had signed a deal to simplify the financing of exports.

  • NEW YORK, March 8- Stocks "can go up five, 10 percent, maybe" despite a slowing U.S. economy, BlackRock Inc's chief investment officer of global fixed income Rick Rieder said on Tuesday. The market's negative attitude towards the high-yield corporate debt market- relative to higher-grade debt- has also created an investment opportunity, Rieder said at the Harbor...

  • NEW YORK, March 8- Stocks "can go up five, ten percent, maybe" despite a slowing U.S. economy, BlackRock Inc's chief investment officer of global fixed income Rick Rieder said on Tuesday. The market's negative attitude towards the high-yield corporate debt market- relatively to higher-grade debt- has also created an investment opportunity, Rieder said at a...

  • Candidates & corporate America

    Discussing the presidential campaigning with big corporations in the spotlight, with Libby Cantrill, PIMCO's policy & politics expert, and CNBC's senior contributor Larry Kudlow.

  • LONDON, March 4- Private equity firm AnaCap Financial Partners said on Friday it had bought two portfolios of Italian non-performing loans together worth more than 2 billion euros from GE Capital Real Estate and the Royal Bank of Scotland. AnaCap has now purchased about 8 billion euros worth of Italian bad loans over the last four years, as well as a 550 million...

  • BANGKOK/ HONG KONG, March 4- Thailand's Berli Jucker Pcl has tapped foreign banks including BNP Paribas as well as domestic lenders to raise $6.2 billion for its acquisition of Big C Supercenter, putting it on track to successfully meet a March 31 financing deadline. Berli, the core retail business of Thai tycoon Charoen Sirivadhanabhakdi, won a hotly contested...

  • The bank tapped mortgage executives Matt Vernon and John Schleck to lead the auto lending business last May, saying they would be able to sell auto loans alongside other products such as checking accounts and home equity loans. In interviews, the executives and their boss, D. Steve Boland, who oversees a broad swath of consumer lending, said they still see room for...

  • The bank tapped mortgage executives Matt Vernon and John Schleck to lead the auto lending business last May, saying they would be able to sell auto loans alongside other products such as checking accounts and home equity loans. In interviews, the executives and their boss, D. Steve Boland, who oversees a broad swath of consumer lending, said they still see room for...

  • TOKYO, March 3- Toshiba Corp is asking three Japanese lenders for additional loans of about $1.8 billion to fund restructuring in the wake of an accounting scandal, sources with direct knowledge of the matter said on Thursday. Toshiba is seeking about 200 billion yen from Sumitomo Mitsui Banking Corp, Mizuho Bank and Sumitomo Mitsui Trust Bank, said the sources,...

  • MADRID, Feb 29- Spain's Abengoa, on the brink of becoming the country's largest-ever bankruptcy, said on Monday its debt had risen by 492 million euros in 2015' s fourth quarter as it posted a full-year net loss of 1.2 billion euros. The energy firm, which is racing to reach an agreement with its banks and bondholders, said its gross corporate debt at the end of 2015...

  • RIO DE JANEIRO, Feb 29- A credit line of up to $10 billion from China's state development bank to Petrobras cuts the risk that Brazil's state-run oil company would need government assistance to pay for debt and investment in 2016, Banco Itau BBA said on Monday. The loan from China Development Bank, announced on Friday, is enough to pay nearly all the $12 billion in...

  • RIO DE JANEIRO, Feb 26- A loan announced Friday from China to Brazil's Petrobras is for $5 billion to $10 billion, can be paid in cash or oil at China's request and may help pay the bulk of the $12 billion in debt the state-run oil company must repay this year, a source involved in debt talks told Reuters late Friday.

  • Feb 26- Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with several banks to borrow up to $4 billion to fund expansion plans, including acquisitions, the Wall Street Journal reported on Friday, citing people familiar with the matter. The company has been picking up stakes and buying companies in China and abroad. Alibaba shares were up 1.8 percent...

  • Feb 26- Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with several banks to borrow up to $4 billion to fund expansion plans, including acquisitions, the Wall Street Journal reported on Friday, citing people familiar with the matter. Alibaba has been picking up stakes and buying companies in China and abroad. Alibaba shares were up 2.2 percent at...

  • TORONTO, Feb 25- Faced with a double whammy of the oil price collapse and a sluggish economy putting pressure on their corporate and consumer loan books, Canada's major banks started to show cracks this week as they posted another round of quarterly profits. Royal Bank of Canada, Canada's biggest lender, did not meet profit estimates on Wednesday for the first...

  • PARIS, Feb 25- French state-controlled nuclear firm Areva postponed the publication of its results on Thursday after securing a 1.1 billion euro bridging loan to make an upcoming bond repayment. Without the credit, Areva's board could not sign off on the 2015 accounts in the certainty that the firm could continue as a going concern, as it lacked the funds to meet a...

  • *Noble swings to annual loss of $1.67 bln. SINGAPORE, Feb 25- Singapore- listed Noble Group said it expects to refinance its revolving credit facility and reported its first annual loss in nearly 20 years, battered by a $1.2 billion writedown for weak coal prices. "We have self evidently advanced our key strategic objectives over the last three years despite a very...

  • SINGAPORE, Feb 25- Singapore- listed Noble Group reported its first annual loss in nearly 20 years on Thursday, battered by a $1.2 billion writedown on weak coal prices, and said it expects to successfully refinance its revolving credit facility. Noble swung to a net loss of $1.67 billion for the year to Dec. 31 versus a profit of $132 million a year earlier on a 22...