AL WATHBA/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited poet Saif …
Read More »German energy giant Uniper gets $11bn for margin calls
Bloomberg German energy giant Uniper SE was forced to borrow billions to pay down margin calls — the collateral that exchanges require to back up trades — as European gas and electricity prices rallied. Uniper got additional loans totaling 10 billion euros ($11.3 billion) from its Finnish parent Fortum Oyj and KfW IPEX-Bank, the company said in a statement …
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