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Foreign lenders key as Thames Water owner seeks more time to pay debts

ING, AIB and two Chinese state-owned banks expected to agree extension on £190m loan

United kingdomAbu dhabiGary carterChris westonChina investment corporationClearwater courtFitch ratingsIrish bankThames waterKemble water financeAllied irish bankCommercial bankFinancial timesSky news

Chinese state-backed banks to determine fate of Thames Water

Two Chinese banks are to determine the fate of Thames Water as it scrambles to avoid a collapse into administration.

United kingdomCity ofTim loughtonNational securityArthur andersenIrish bankLehman brothersTwo chineseThames waterCommercial bankAllied irish bank

McDonald s to buy Israeli franchise amid Middle East controversy

McDonald’s is to buy back 225 of its restaurants in Israel after the fast food chain blamed a boycott in the wake of the Israel-Hamas war for a slump in sales.

City ofUnited kingdomPermskiy krayNew south walesUnited statesSaudi arabiaHarvey schwartzGoldman sachBarry gibsonTim mooreRick haythornthwaiteHannah bolandSlick rickChris priceVladimir putinJerome powell

Debt-riddled water giant Thames on hook to China amid warnings it will default

Foreign lenders including the state-owned Bank of China are among the consortium of lenders to the utility group s parent company Kemble Water.

City ofUnited kingdomSarah bentleyChris westonIain duncan smithFitch ratingsBritish gasIrish bankThames waterCommercial bankAllied irish bankKemble water financeSouth east

Debt-riddled water giant Thames on hook to China amid warnings it will default

Foreign lenders including the state-owned Bank of China are among the consortium of lenders to the utility group s parent company Kemble Water.

City ofUnited kingdomSarah bentleyIain duncan smithChris westonFitch ratingsBritish gasIrish bankThames waterCommercial bankAllied irish bankKemble water financeSouth east

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