GE stops servicing gas power turbines in Russia – Kommersant
(Reuters) – General Electric has stopped servicing gas turbines at thermal power plants in Russia, the Russian business daily Kommersant reported on Tuesday, citing sources in power generating companies. General Electric suspended…
Poorer nations face rising debt servicing costs in 2024 – report
LONDON (Reuters) – Some of the nations most vulnerable to climate change face a sharp rise in debt service payments in the coming two years, hampering their ability to invest in climate…
Japan raises assumed interest rate for FY2023/24 debt servicing
bTOKYO (Reuters) – Japan’s Ministry of Finance (MOF) has raised its assumed interest rate used to calculate debt servicing costs in its budget request for the next fiscal year, a senior ministry…
Owner and Employees of Monmouth County Marine Equipment and Servicing Company Charged with Defrauding U.S. Department of Defense
TRENTON, N.J. – Three Monmouth County, New Jersey, individuals were indicted today for their role in a years-long scheme to defraud the U.S. Department of Defense (DoD) by providing military equipment parts…
NZ cenbank to finalise debt servicing curbs framework for mortgage lending by late 2022
(Reuters) – The Reserve Bank of New Zealand on Wednesday said it intends to finalise a framework on debt servicing restrictions (DSRs) on residential mortgage lending by late 2022 and be able…
Russia’s VTB to hand over servicing of foreign securities to other firms – TASS
– Russia’s second-largest state lender VTB, which has been targeted by Western sanctions, said on Thursday it would hand over servicing of foreign securities to other Russian financial companies, the TASS state…
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