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led investors in Aramco oil pipelines hire banks for dual-tranche bonds

(Updates with details, background) By Yousef Saba DUBAI, Jan 10 (Reuters) - A group of institutional investors that last year took a stake in Saudi Aramco's oil pipelines network has hired Citi C.N and JPMorgan JPM.N to help refinance a loan that backed the deal, bank documents and an investor presentation showed on Monday. A consortium led by U.S.
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HSBC, UBS order Hong Kong office changes as COVID cases rise

By Scott Murdoch HONG KONG, Jan 6 (Reuters) - Banks in Hong Kong including HSBC Holdings Plc HSBA.L and UBS Group AG UBSG.S are taking steps to reduce the number of people at the workplace after having operated at near full capacity for the past few months, as the city faces a spike in COVID-19 cases. HSBC, which is one of the biggest employers in
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UBS splits Hong Kong workforce into teams as 19 cases rise

HONG KONG, Jan 6 (Reuters) - UBS Group UBSG.S will split its 2,500 Hong Kong workforce into two groups with each returning to the workplace on alternate weeks, as the city tightens curbs amid a spike in COVID-19 cases, according to an internal memo to staff seen by Reuters. A spokesman for the bank confirmed the contents of the memo that was sent t
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ACWA Power-led JV secures $1.33 bln for Red Sea project utilities

DUBAI, Dec 21 (Reuters) - Saudi Arabian utility developer ACWA Power said on Tuesday it closed an agreement for $1.33 billion in senior debt for a multi-utilities project at Saudi Arabia's planned multi-billion dollar Red Sea project. The facilities were arranged as non-recourse project finance and will be used to construct, manage and operate powe
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British Business - Dec. 21

Dec 21 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Qatar's sovereign wealth fund has agreed to invest 85 million pounds ($112.23 million) in a Rolls-Royce and government backed venture to develop small nuclear rea
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