10:24 AM EDT, 11/01/2024 (MT Newswires) -- Credicorp ( BAP ) said Friday it has signed a deal to buy Empresas Banmedica's 50% stake in a joint venture with Credicorp's ( BAP ) Pacifico Compania de Seguros y Reaseguros unit. Financial details weren't disclosed. Under the terms, Banmedica will sell its 50% ownership in the private medical insurance business to...

05:36 AM EDT, 10/24/2024 (MT Newswires) -- Mercer International ( MERC ) said Wednesday that it priced its private offering of $200 million of 12.875% senior notes due Oct. 1, 2028, at 103% of their principal amount. These are being offered as additional notes under an existing indenture dated Sept. 21, 2023, under which the company previously issued $200 million...

SINGAPORE (Reuters) -Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, as geopolitical tensions in the Middle East rose following reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days. Brent crude futures, which have rolled to the January contract, climbed $1.31, or 1.80%, to $74.12 a...

(Reuters) - Macquarie Group ( MCQEF ), Australia's biggest investment bank by assets, posted first-half profit on Friday that fell short of analyst estimates as stabilising energy markets squeezed the commodities trading unit, its main earner, sending its share price sharply lower.  Profit for the six months through September jumped 14% to A$1.61 billion ($1.06 billion) as the bank collected...