Bloomberg Business

Argentina Seeks $1 Billion Bridge Loan From Caracas-Based Bank

Argentina is asking a Caracas-based development bank for a $1 billion bridge loan to help it cover debt owed to the International Monetary Fund until its board approves the refinancing of a record $44 billion program, unlocking additional cash disbursements.

German Inflation Slows More Than Expected as ECB Hikes Near End

German inflation slowed more than anticipated in July, providing more evidence of a gradual moderation in euro-zone price pressures as the European Central Bank nears the end of its unprecedented cycle of interest-rate hiking.

Adani Tests Demand for Financings That May Top $1 Billion

Billionaire Gautam Adani’s conglomerate is testing lender demand for financings that may total more than $1 billion, the latest sign it’s slowly regaining the ability to raise funds six months after a US short seller caused a meltdown in its stocks and bonds.

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