Summers Says ‘Transitory Factors’ Behind Inflation Are Now Easing
Former Treasury Secretary Lawrence Summers said that “transitory factors” have been one element in a faster slowdown in
2023-11-16 20:53
Americanas Releases Late Earnings in Step Toward Debt Deal
Troubled Brazilian retailer Americanas SA released long-delayed financial reports, a key step toward reaching a debt restructuring deal
2023-11-16 20:48
Ghana Dollar Bonds Rise as Bilateral Debt Deal Seen Next Week
Ghana’s dollar bonds rose on Thursday after the nation said its official creditors may reach a debt-relief agreement
2023-11-16 19:50
Disco Bonds Surge on Surprise Bank Move to Redeem Them
A group of bonds issued almost 40 years ago by Norwegian lender DNB Bank ASA are surging in
2023-11-16 19:48
UK Rates May Need to Stay Higher for Longer, BOE Policymaker Greene Says
Bank of England monetary policymaker Megan Greene said interest rates will need to remain higher for longer to
2023-11-16 18:48
Turkey's Lira Lures Carry Traders Once Again
The unnatural steadiness of Turkey’s currency depreciation is drawing the attention of so-called carry traders, a type of
2023-11-16 17:50
Troubled SBB Offers to Buy Back Bonds At Big Discounts
Embattled Swedish landlord Samhallsbyggnadsbolaget i Norden AB, also known as SBB, said it would use proceeds from an
2023-11-16 17:19
Philippines Keeps Key Rate Steady, Open to Resume Tightening
The Philippine central bank kept its key interest rate steady on Thursday to allow previous increases to filter
2023-11-16 16:49
Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:49
Sanofi Taps Adviser for OTC Spinoff as Buyout Firms Circle
Sanofi is working with an adviser to start preparations for a planned separation of its consumer health division,
2023-11-16 16:22
Beyonce is in talks for a $10m Las Vegas residency at the Sphere
Beyonce is said to be eyeing a huge residency at the new state-of-the-art Sphere.
2023-11-16 16:20
Kenya Gets Additional $938 Million From IMF
The International Monetary Fund will expand its financing to Kenya by $938 million to bolster the East African
2023-11-16 14:59