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U.S. Steel Absorbing 'Steel Industry Pain,' Barclays Says

2015-05-04 21:37:03| Steel - Topix.net

In a new report, analysts at Barclays updated their outlook for United States Steel Corporation . Analysts note that U.S. Steel has done everything it can do to reduce costs and weather the current weak steel market environment, but they currently see limited upside for the stock.

Tags: industry steel pain absorbing

 

Barclays injects GBP 100 mln into tech companies

2015-05-04 14:33:00| Telecompaper Headlines

(Telecompaper) Barclays launched a new GBP 100 million fund to help fast growing technology businesses accelerate to the next level. The new drive will see the bank backing some of the most innovative UK technology businesses with lending of up to GBP 5 million, repayable over three years. Until now, this type of lending has not been widely available to UK businesses, whereas their US counterparts have been able to grow rapidly through access to debt finance. 

Tags: companies tech gbp mln

 
 

Barclays to lend 100m to tech start-ups

2015-05-01 02:00:00| Total Telecom industry news

U.K. bank pitches debt finance as preferable alternative to equity investment for budding companies.

Tags: tech 100m lend barclays

 

Barclays sets aside 800m for forex

2015-04-29 08:46:08| BBC News | Business | UK Edition

Barclays puts another 800m aside, largely to cover potential further legal action and penalties for alleged foreign exchange manipulation.

Tags: sets forex barclays 800m

 

Barclays ends financing of controversial mountaintop removal mining

2015-04-07 15:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Barclays has ended its financing of a controversial coal mining method known as mountaintop removal and said time is running out for the practice. The bank was the worlds biggest financier of mountain top removal (MTR) in 2013, when it loaned MTR companies $550m, according to one analysis. But in a policy document, released without publicity during March, Barclays reversed its position. Companies that engage in MTR coal mining will no longer receive support from the bank unless they commit...

Tags: ends removal financing mining

 

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