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Documents show that Luxembourg’s private banks have asked to freeze their assets in Ecuador amid a dispute between Perenco

Bailiff has ordered 122 banking entities operating in Luxembourg to freeze Ecuadorian assets. Ecuador issued bonds listed in Luxembourg in 2020 to fix debt Some bondholders received interest payments due on July 31 LONDON (Reuters) – Minutes in Luxembourg have ordered banks to freeze assets Ecuadorean holds in Luxembourg accounts as a result of a …

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The US Department of Energy intends to lend a joint venture to General Motors batteries worth $ 2.5 billion

WASHINGTON, July 25 (Reuters) – The U.S. Department of Energy announced on Monday that it intends to lend $2.5 billion to a joint venture between General Motors and LG Energy Solutions (373220.KS) to help fund the construction of new lithium-ion battery cell manufacturing facilities. The conditional loan commitment to Ultium Cells LLC for facilities in …

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