Yields on Kenya’s eurobonds eased in Thursday trading after the International Monetary Fund’s chief said she’s impressed by economic programs in the East African nation and ready to support them.
Nigeria’s debt burden is poised to jump 50% after lawmakers approved President Muhammadu Buhari’s request to convert 22.7 trillion naira ($49 billion) in loans from the central bank into bonds.
Peloton Interactive Inc. gave an upbeat quarterly revenue forecast, signaling that a turnaround plan under Chief Executive Officer Barry McCarthy is making headway despite the sluggish economy.
Donald Trump is calling game on the Republican presidential primary before voting even starts, as his campaign adopts a general election posture aimed at President Joe Biden.
Football clubs in Spanish top flight football competition LaLiga expect to post a combined profit at the end of this season as business recovers with fans filling up stadiums after pandemic restrictions were lifted.
The state oil company of Abu Dhabi, part of the United Arab Emirates, told customers that it will reduce shipments of crude oil from this month, in line with OPEC+’s surprise decision to tighten supplies.
Goldman Sachs Group Inc.’s role in Silicon Valley Bank’s attempt to raise funds in March is under review by US governmental agencies, which are looking into the failed transaction that helped push the US regional-banking system into turmoil.
The European Union is considering ways to target third countries seen as doing too little to stop Russia evade sanctions, particularly those that can’t explain spikes in trade of key goods or technologies, according to people familiar with the matter.
The International Monetary Fund plans to disburse $300 million to Kenya after completing a two-week review of the nation’s ongoing program.
Ferrari NV gained after reporting first-quarter earnings that beat expectations as demand for its luxury sports cars surged and prices increased.
