Tuesday , 16 December 2025

Recent Posts

‘Mall owner Intu may struggle to keep going’

Bloomberg UK mall landlord Intu Properties Plc may struggle to continue operating due to high debts and plunging asset values, its auditors warned. Intu shares declined as much as 16% last week, bringing their loss for the year to 83%. Its unsecured bonds due in 2022 fell 7 pence on the pound to 30 pence, the lowest level on record, …

Read More »

Venezuela plans to suspend more flights

Bloomberg Venezuela will temporarily suspend flights from Panama and the Dominican Republic, essentially cutting off the nation from most of the world, Information Minister Jorge Rodriguez said. Flights from Europe and neighboring Colombia were already suspended earlier this week, narrowing the country’s remaining air connections to about a handful, including Turkey and Cuba. Rodriguez pleaded with Venezuelans to remain home …

Read More »

Oil price war erases $196bn from energy stocks in a week

Bloomberg Record lows, trading halts, capitulation and spending cuts made for a wild week in the energy sector after Saudi Arabia and Russia embarked on a war for market share, sending crude and equity prices in a downward spiral. The S&P 500 energy index never recouped the stunning losses it saw at the beginning of the week, despite the late-day …

Read More »