Friday , 19 December 2025

Recent Posts

Germany’s Condor rescued as financial investor swoops in

Bloomberg Financial investor Attestor Ltd has acquired a majority stake in German airline Condor, rescuing a company that’s survived on government support after the coronavirus pandemic punctured the boom in air travel. Attestor, a wealth management company with around 5.5 billion euros ($6.7 billion) in assets, will pump 200 million euros of capital into Condor and spend an added 250 …

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RBI eases India government finances with $14bn payout

Bloomberg India’s central bank approved paying a higher-than-expected nearly $14 billion as dividend to the government, providing relief to Finance Minister Nirmala Sitharaman at a time when the pandemic has strained public finances. The central board of the Reserve Bank of India approved transferring 991.2 billion rupees ($13.6 billion) to the government on, according to a statement from the Reserve …

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Barclays dragged into insurer ‘war’ over failed M&A deal

Bloomberg Barclays Plc has been dragged into a bitter feud between two French insurers over its role in a failed hostile takeover bid. Scor SE is suing Barclays in London for breach of confidence when the bank advised Covea on its bid to acquire Scor in 2018. Barclays was given an inside track into the strategic thinking of Scor’s board …

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