Wednesday , 24 December 2025

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NatWest pledges to stop providing loans for new oil and gas projects

  Bloomberg NatWest Group Plc plans to further restrict its financing of the oil and gas industry. The UK bank will no longer provide so-called reserve based lending for new customers, it said. From the end of December 2025, NatWest will no longer renew, refinance or extend reserve based lending for existing customers. “We want to ensure our capital is …

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French crypto trading tech firm plans to double staff

  Bloomberg Flowdesk, a French cryptocurrency trading technology firm backed by Ledger and Coinbase Ventures, plans to more than double its workforce and expand overseas even as the wider digital asset sector reels from last year’s selloff. The company intends to grow its team to 140 employees from 60 by the end of March, with staff distributed across locations in …

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Mexico, Peru set to extend interest rates

  Bloomberg Mexico and Peru are forecast to extend their biggest-ever series of interest rate rises as they struggle to contain a rebound in price gains. In Mexico, the central bank’s inflation goals have been hampered by soaring food costs, while Peru’s policymakers are trying to keep the economy stable amid the mass unrest which has paralysed swathes of the …

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