Zambian President Hichilema's $6bn debt deal hailed as 'historic'
The country, which defaulted in 2020, has been engaged in protracted talks over its repayments.
2023-06-23 22:25
Zambia Debt Deal Spurs Rally in Distressed Emerging Markets
Bonds of developing nations in debt distress gained on Friday in a broad relief rally sparked by Zambia’s
2023-06-23 20:59
Fed’s Bostic Says Tackling High Inflation Is Top Priority
Federal Reserve Bank of Atlanta President Raphael Bostic said defeating elevated inflation was the US central bank’s top
2023-06-23 20:54
Eni Increases Gas Reach With $4.9 Billion Neptune Deal
Italy’s Eni SpA expanded the reach of its natural gas business with the joint acquisition of explorer Neptune
2023-06-23 20:50
Ontario Fund Near Deal to Invest in Toronto’s NBA, NHL Teams
Ontario Municipal Employees Retirement System is nearing a deal to buy 20% of a holding company that owns
2023-06-23 19:51
Dollars Are So Scarce in Argentina That Yuan Use Is at a Record
It’s gotten so hard to find US dollars in Argentina that Whirlpool Corp., the American appliance giant, is
2023-06-23 19:24
Don’t Expect the Trump Trial Over Classified Doccuments to Happen in August
The Justice Department is on a tight timetable to work out conditions for using classified information in the
2023-06-23 19:16
Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits
When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small
2023-06-23 18:56
Germany’s €11 Billion Defense Orders to Get Lawmaker Approval
German lawmakers will sign off early next month on government plans to buy 60 Boeing Co. Chinook helicopters
2023-06-23 18:54
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
2023-06-23 16:23
Turkey Demands Sweden Expel Kurd Suspects Before NATO Entry
Turkey wants Sweden to begin extraditing or expelling suspected Kurdish separatists before next month’s summit of the North
2023-06-23 15:58
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:55