Article content MUMBAI — India’s Bank of Baroda has set 7.39% coupon on its infrastructure bonds maturing in seven years, three merchant bankers said on Friday. The state-run lender had invited coupon and commitment bids from bankers and investors for the same and has accepted bids worth 10 billion rupees ($125.51 million), the sources said. The bonds are rated AAA …

Breadcrumb Trail Links PMN Business European natural gas prices headed for a fourth week of gains as the region braces for an even deeper supply crunch over the winter that could push major economies into recession. Author of the article: Bloomberg News Verity Ratcliffe Tour boats on the Spree river next to the Mitte Combined Heat and Power (CHP) natural …

A wrongful termination occurs when an employee has been unlawfully fired from their job. There are a number of scenarios where this can arise including: there was a violation of company policy there was discrimination against a protected class the employer breached the employment contract there was a violation of public policy the employee was fired on the basis that …

Article content MUMBAI — India’s Birla Group Holdings Ltd plans to raise funds selling commercial papers maturing in three months, three merchant bankers said on Friday. The company, which will offer a yield of 6.50% to the investors, has received commitments worth around 1 billion rupees ($12.55 million), the bankers said. The notes are rated A1+ by ICRA. ($1 = …

Article content LONDON — Britain’s economy contracted by 0.6% in monthly terms during June, and by 0.1% between April and June, official data showed on Friday. A Reuters poll had pointed to a 1.3% contraction in June. The ONS said services fell by 0.5% in June 2022, which was the main driver of the fall in GDP. June’s slide in …

Article content Blasts this week at the Russian-operated Saky military airfield in western Crimea led to the loss of eight Russian combat jets, degrading its navy’s Black Sea aviation fleet, Britain said on Friday. While the damaged jets are only a fraction of the overall aviation fleet, Britain said Black Sea capability would be affected, since Saky is used as …